Waltham Legal Issues Blog

Estate taxes in Massachusetts

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...

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What are irrevocable trusts?

Irrevocable trusts are an estate planning resource that offers a variety of benefits that can't be found in other tools. These trusts involve transferring ownership of assets into a separate legal entity, which is managed by a trustee for the benefit of the trust's...

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