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July 2018 Archives

What are the benefits of an irrevocable trust?

When considering starting a trust in the state of Massachusetts, it is important that you make sure to research all of the different options and weigh the pros and cons of each. The best choice for you will depend on what exactly you want to achieve and your current as well as predicted financial situation.

Challenging a power of attorney in Massachusetts

When a person becomes ill and lacks the mental or physical capacity to make certain decisions, it can be difficult to give appropriate treatment based on the person's wishes. In addition, it can be impossible for the person to manage his or her finances. This is why another person may need to make decisions for them. This can be achieved through power of attorney (POA) status.

Oral wills in the state of Massachusetts

Wills can come in many different forms. They are most commonly written down and formally submitted during the lifetime of the willmaker. However, not everyone makes a will formally before the end of their life; therefore, in some limited circumstances in the state of Massachusetts, certain people can make an oral will before the end of their life.

An overview of estate taxes in Massachusetts

When a loved one passes away, it is likely that you will need to go through the probate process, which includes paying any taxes owed in regard to the estate. The current Massachusetts estate law is applicable to estates owned by decadents who passed away in 2006 or later. When the value of an estate is $1,000,000 or lower, this amount is excluded from being taxable. For example, when an estate in Massachusetts is worth $1,100,000, only $100,000 of the estate will be taxable.

Serving businesses and individuals throughout Massachusetts

Waltham Office
375 Totten Pond Road
Suite 200
Waltham, MA 02451

Toll Free: 888-759-5109
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Braintree Office
25 Braintree Hill Office Park
Suite 406
Braintree, MA 02184

Toll Free: 888-759-5109
Phone: 617-523-1555
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Cranston Office
200 Midway Road
Suite 159
Cranston, RI 02920

Toll Free: 888-759-5109
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Hyannis Office
1330 Phinney’s Lane
Hyannis, MA 02601

Toll Free: 888-759-5109
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Norwood Office
520 Providence Highway
Suite 10
Norwood, MA 02062

Toll Free: 888-759-5109
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Westborough Office
276 Turnpike Road
Suite 228
Westborough, MA 01581

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Woburn Office
444 Washington Street
Suite 203
Woburn, MA 01801

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