Tag Archive: tax liability

Buying Your First Home? 12 Tips & Traps

March 21, 2019 8:00 am Published by Nina T. Dow Robin A. DeAugustinis

It’s finally March, the first month of spring and the start of house-hunting season. Buying your first home is a big deal. It’s a large financial investment, and it’s often an emotional commitment. No surprise that trying to navigate the homebuying maze can be a source of tension between you and a loved one. To avoid those pitfalls, consider hiring a good real estate lawyer who can make the process much easier for all involved. We’ve had many clients and friends say, after the fact, “I wish I’d hired a lawyer” or “I am so glad we hired a lawyer.”

Whether or not you choose to have a real estate attorney represent you, here are some tips ...

I Won the Lottery! Now What?

February 28, 2017 5:32 pm Published by Katherine A. Bagdis

It’s 11:00 p.m., and you’re watching the drawing for Powerball or Mega Millions. Or maybe it’s Friday night after work, and you’re scraping your weekly scratch ticket. You stare at the numbers in stunned disbelief, then in amazement. You’ve just won the grand prize!

After checking and rechecking the numbers, finally convincing yourself that you have, in fact, won, and calling family and friends who all promise to keep your big secret, you begin planning all the ways to spend your windfall: your dream vacation to Bali . . . that lakeside home in Vermont . . . the all-frills new car. You’ll update your wardrobe and install a custom walk-in closet to hold it all. You’ll buy season ...