“Probate.” You’ve heard the term. Usually, it’s uttered with the phrase “avoiding probate” or “dealing with probate.” No one ever wants to talk about probate. Except maybe probate and estate planning attorneys. Here are the 6 most frequently asked questions I get about probate in Massachusetts. As a preliminary matter, Massachusetts no longer uses the […]
finances
Three Ways to Reduce your Estate Tax Liability with Lifetime Gifts
Although the Tax Cuts and Jobs Act increased the federal estate tax threshold to a whopping $11.18 million for 2018, the Massachusetts estate tax threshold remains exactly where it’s been for years — at $1 million. That leaves Massachusetts families wondering how they can maximize their children’s inheritances by avoiding or reducing their estate taxes. […]
5 Ways to Prep your Finances for Divorce
Before the attorneys and judges look into every aspect of your financial life, it’s important to prep your finances for divorce. With the right preparation, you reduce the risk of your spouse racking up debt in your name and trashing your credit score, and help the process go a little more smoothly. Once you file […]