All too often, the family pet is not taken into consideration when estate planning is addressed. Now that the Massachusetts legislature has enacted a “Pet Trust” statute (Mass Gen Laws Chapter 203, Section 3C), it seems an appropriate … Read more »
Serious Advice from the Experts
The recent devastating tornadoes in central Massachusetts should give everyone pause, as no one is immune to natural disasters. Even if tornadoes don’t return to Massachusetts this Summer, there are obviously other kinds of natural calamities that can jeopardize life, … Read more »
New Massachusetts Homestead Law
By Mark Lichtenstein, Esq. ~ By Robert A. Finkel, Esq.
Homesteads are an affordable way for many of our clients to obtain significant protection from certain creditors. On December 16, 2010, the governor of Massachusetts signed into law the most … Read more »
Foreign Account Reporting Redux
The US Treasury requires certain individuals and entities to report the existence of certain foreign financial accounts and entities (the “foreign reporting rules”). Since the foreign reporting rules became an area of focus for Treasury, there has been uncertainty regarding … Read more »
2011 Offshore Voluntary Disclosure Initiative – There’s a New (FBAR) Game in Town
CAUTION: This Update is only a superficial summary and may not be relied upon for guidance as to any particular, real life situation. We have included links to information on the IRS web site about the 2011 IRS “Voluntary Disclosure” … Read more »
Newly Enacted Federal Tax (and Unemployment) Statue
Dear clients and friends:
I wanted to provide you with a brief review of the recently-enacted federal tax law – the “Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010”. Whether this law is aptly-named is yet to … Read more »
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