There are good reasons to organize a professional practice or other service business as a limited liability company (LLC) or a limited liability partnership (LLP), and there may also be good reasons not to. But, the matter is complicated and … Read more »
In March of 2011, the Massachusetts Supreme Judicial Court entered a decision clarifying and establishing new law concerning the obligation and liability of a landlord/owner of commercial property for personal injuries sustained by tenants and visitors.
The court held that … Read more »
In March, 2011, the Massachusetts Supreme Judicial Court, in the case of Bishop v. Tes Realty Trust, entered a decision clarifying and establishing new law concerning the obligation and liability of a landlord/owner of commercial property for personal injuries sustained … Read more »
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 extensive changes to our homestead law in more than a … Read more »
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 »
1. ARMS: An ARM is an adjustable rate mortgage. Many ARMs have a fixed interest rate for a specific period of time- often five or seven years. At the end of this period, the interest rate will stall adjusting up … Read more »
As is well known from the news media, the U.S. estate tax has been suspended for deaths occurring in calendar year 2010 – but it is also currently scheduled to again be effective for deaths occurring after calendar year 2010, … Read more »