ABC’s of Selling Real Estate Held in Trust
A common estate planning tool, a trust is a fiduciary relationship that is created to manage property or other assets for a third party’s benefit. There are many types of trusts, but [...]
Inheriting a House or Other Real Property? Know the Permitting Laws Before You Sell.
When a loved one dies and you inherit a house or other real property, coping with their loss is stressful enough. Not to mention the work of settling the estate. All the [...]
You Won the Lottery! Now, How Do You Protect Your Privacy and Your Cash Prize?
As you begin your holiday shopping, some of you may be purchasing lottery tickets for yourself or your loved ones for a chance to win big. If you or your recipient are [...]
Help! There’s an Estate Tax Lien on My Property. How Can I Have It Removed ?
As the saying goes, nothing is certain in life except death and taxes. And there’s no avoiding taxes, even after death, at least when it comes to real estate—depending on the value [...]
License to Sell Real Estate Explained: What It Is and When It’s Necessary
When someone dies who owns real estate, what happens to the property? And who gets to decide? First of all, it depends on whether the decedent had a will. It also depends [...]
How a Declaration of Homestead Can Protect You and Your Home
As a homeowner, the last thing you want to worry about is the risk of losing the equity in your home if you find yourself facing a judgment in a lawsuit. Here [...]
If You Share Property Ownership, What Happens When One of You Dies?
Chances are, your home is your most valuable asset. So, it’s essential to understand the legal terms of ownership, particularly if property ownership is shared. The manner in which you hold legal [...]
What You Need to Know About Probate—and Why It Matters
Planning how your assets will be distributed after you die can be an uncomfortable undertaking. But ignoring important estate planning decisions can create a headache for your beneficiaries in Probate Court once [...]
Why Blended Families Need a Comprehensive Estate Plan
Gone are the days when a nuclear family was the norm in America. Blended families comprised of parents with children from previous relationships are becoming more common. According to some estimates, at [...]
Estate Tax Threshold Raised in Massachusetts
A major tax relief package signed by Governor Maura Healey on October 4 doubles the Massachusetts estate tax threshold to $2 million. The higher estate tax threshold is retroactive to January 1, [...]
