In Massachusetts, creating a will is a key part of being vigilant and prepared for the future. However, just because they have completed and executed the document does not mean it is set in stone. How is a will revoked? State law says that a will can be revoked in...
The beginning of an engagement is an exciting time. People who have gotten to know each other and who are happy about their relationship decide that they want to make a longer-lasting commitment by getting legally married. Couples often celebrate their engagements...
A partnership can be a useful business structure that makes it easier to bring capital and diverse expertise into your company. But running your business with one or more partners can get challenging over time as new difficulties arise and priorities change. And if...
A few years ago, the COVID pandemic made many people feel more urgently that they needed to have an estate plan in place. However, a recent news article suggests a decline in the percentage of Americans who have an estate plan. Troubling statistics According to a...
The limited liability company, or LLC, is a very useful format to choose when you are starting a business. Among other advantages, it protects your personal finances from the debts of the business. In this blog post, we will briefly look at the steps you must take to...
No one enters a marriage intending to get divorced, and this is one reason you might be against the idea of a post-nuptial agreement. A post-nuptial agreement is a written, legally binding document that describes how marital assets will be divided if you divorce. The...
Postnuptial agreements, like prenuptial agreements, have become increasingly common. More couples every year recognize the value of establishing contractual protections for themselves during marriage. Even the most devoted spouses may realize that the possibility of a...
An estate tax places a limit on one's ability to transfer property after their death. Proponents say this is necessary to raise revenue for the government and to keep a lid on the generational concentration of wealth in a small number of powerful families. Critics...
A no-contest clause, also known as an "in terrorem" clause, is a provision that a testator or a grantor can include in their wills or trusts to prevent their beneficiaries from challenging the document's validity in court. How does it work? A no-contest clause...
Creating a Limited Liability Company (LLC) offers significant advantages over other business structures. It affords greater control over your business and provides protection against personal liability. To maintain the compliance of your LLC, it's essential to manage...
