Category: Estate Planning

October 31, 2017 | Estate Planning

Estate Planning Implications of Assisted Reproductive Technology

Estate planning, like many areas of the law, often lags behind current-day realities.   There was a time when estate planning documents routinely excluded adopted children, and most state’s laws did not consider them heirs who would naturally inherit from their parents.  In 2017, there are as many ways to build a family as there are... More
August 29, 2017 | Estate Planning

Health Care Proxies: Have the Document Then Have the Conversation

In Massachusetts, communicating and enforcing our health care wishes is a two-step process. First, we must have the document. Under our state laws, a health care proxy must be in writing and executed properly. In cases where you want a group of people to have input, or where there is no family to step into this role,... More
July 25, 2017 | Estate Planning

IRS Issues New Procedure for Simplified Method to Make a Late Portability Election

The Internal Revenue Service recently issued a new Revenue Procedure (2017-34) by which estates may make an otherwise late portability election with regard to the decedent’s unused federal estate tax exclusion. Under current federal estate and gift tax law, each individual is allowed to gift during life or leave upon death up to $5.49 million... More
June 27, 2017 | Estate Planning

Unmarried Seniors on the Rise

The New York Times recently highlighted a new trend: more seniors are deciding not to marry.  In fact, according to a 2017 Pew Research Center report, 75% more Americans over fifty cohabitate with an unmarried partner now than in 2007.   Although we often think of cohabiters as being young, over 4 million are over the age of... More
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