On December 3, 2024, a Federal Court in Texas issued a nationwide preliminary injunction temporarily preventing the enforcement of the business beneficial ownership interest ("BOI") reporting requirement under the Corporate Transparency Act...
On December 3, 2024, a Federal Court in Texas issued a nationwide preliminary injunction temporarily preventing the enforcement of the business beneficial ownership interest ("BOI") reporting requirement under the Corporate Transparency Act...
Historically, pets have been characterized as personal property under the law, with little to no consideration of the special place they hold in our lives. If your pet was harmed or worse, the remedy was monetary compensation, usually capped at the...
The current federal lifetime gift and estate tax exemption amount of $13.61 million per person is scheduled to revert to its previous $5 million threshold in 2026 (adjusted for inflation to about $7 million). Under current law, if...
As many of you may know, Massachusetts has recently increased its estate tax exemption from $1 million to $2 million per person. Note that spouses cannot share their exemptions, so if proper estate tax planning is not in place before the first...
The Corporate Transparency Act came into effect on January 1, 2024. This new law requires business entities (including limited liability companies, some partnerships and corporations) to file a report with the Department...
On December 20, 2019, Congress enacted the SECURE Act, which contains a significant change in how retirement plan benefits must be paid out to beneficiaries after the participant’s death. For deaths occurring on or after January 1, 2020,...
Every estate plan should include a Last Will; however, to avoid probate administration after your death, all of your assets must pass to the beneficiaries without looking at the Will. If the Will needs to be consulted, then it must be done through the...
Scam Please be aware that a solicitation from any company offering to obtain a copy (certified or otherwise) of your deed for you for a fee is a scam. If I have assisted you with the transfer of your property to trust or otherwise, then I have...
In Massachusetts, up to $125,000 of the equity in your home is automatically protected from creditors. However, with a simple document filed at your Registry of Deeds for $35 ($36 in Norfolk County), you can actually protect up to $500,000 of your...