Monthly Archives: November 2023
The Estate Planning Guide For Millennials In Massachusetts
Millennials are currently the largest generation in the United States. The Pew Research Center estimates that there are 75 million Americans who were born between the years 1981 and 1996. Notably, an alarming number of millennials lack a comprehensive estate plan. Some surveys show that significantly fewer than half of millennials have estate planning… Read More »
Estate Planning In Massachusetts: What Is Portability?
Tax planning is an important part of estate planning—especially for high net worth individuals. As explained by the Internal Revenue Service (IRS), the federal estate tax is “a tax on your right to transfer property at your death.” That being said, most people do not have a federal estate tax liability because the tax… Read More »
How Long Does Probate Typically Take In Massachusetts?
Estate administration is a process through which a deceased person’s legal/financial affairs are wrapped up and their estate is settled, so that property and assets can be distributed to the proper parties. You may be wondering: How long does estate administration take in Massachusetts? The answer depends on several case specific factors. In this… Read More »
Can You Terminate A Power Of Attorney In Massachusetts?
A power of attorney (POA or DPOA) allows someone to act on your behalf in financial and legal matters. It is an important estate planning tool. You may be wondering: Can a power of attorney be terminated once it is in place? The short answer is “yes”—there are a number of different circumstances in… Read More »