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Latest Blog Posts

What is a Financial Durable Power of Attorney vs. Health Care Power of Attorney

Posted on: September 10th, 2015
Power of Attorney is a legal document that allow you to give some one of your choice the power to act on your behalf. ...

Do I need a Will or Trust?

Posted on: August 10th, 2015
A Will is the legal document that allows you to distribute your property to those you choose. However, a Will has to go through Probate Court which can be very expensive and time consuming....

What are Estate Taxes?

Posted on: May 29th, 2015
The Personal Representative for a decedent that was domiciled in Massachusetts must file a Massachusetts Estate Tax Return if the gross value of the estate, including adjusted taxable gifts, exceeds $1,000,000. The applicable exclusion amount for Federal Estate Tax purposes is currently $5,430,000 in 2015. ...

Does Massachusetts Allow Husband and Wife to Have a Joint Will?

Posted on: March 11th, 2015
No, in Massachusetts you can not have a joint will with your spouse. You and your spouse each need to make separate wills regardless if you own all of your property jointly. ...

What is Probate and Should I Consider a Trust?

Posted on: March 11th, 2015
Probate is the legal process of transferring ownership of assets after ones death. Probate assets are such things like a bank account or a stock certificate. If a person dies owning probate assets, a legal proceeding in the Probate Court will be necessary to transfer these assets to the individuals names in the decedents will. This can be a very lengthy and expensive procedure....

What kind of assets do not go through Probate Court?

Posted on: February 24th, 2015
In general all the property that the deceased owned at the time of death will be part of the probate estate. However, there are some exceptions that do not go through probate....
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