| by Brendan King, by Linda Cammuso, Estate and Trust Administration, Estate Planning, Tax Reform
After twenty years of planning around an absurdly low $1 million state estate tax threshold, Massachusetts residents have gained some breathing room with the newly enacted $2 million estate tax exemption. On October 4, 2023, Governor Maura Healy signed into law the...
| by Brendan King, Estate and Trust Administration, Estate Planning
When should I update my will/estate plan? It’s one of the most common questions from clients and their advisors. While there are no set rules, here are some factors to consider: Have there been any changes to your family since you last signed your will/estate...
| Autism Awareness Month, by Brendan King, Special Needs & Disability Planning
By Brendan J. King April is National Autism Awareness Month. Traditionally this has been a month of support, outreach and understanding for those dealing with autism. With the COVID pandemic, that support network (families, educational/medical professionals, and...
| by Brendan King, by Linda Cammuso, Covid-19
By Brendan J. King and Linda T. Cammuso, EPLO Partners As members of the small business community and estate planning professionals, we have been distressed and saddened to watch the debilitating health and economic impact of the pandemic unfold. Unfortunately, we...
| Autism Awareness Month, by Brendan King
By Brendan J. King Among the daily struggles of the COVID-19 global pandemic, we take this opportunity to highlight the unique and immense challenges this life-altering event has brought to individuals and families affected by Autism, who have occupied a spot on their...
| by Brendan King, Estate Planning, Legislation
The Setting Every Community Up for Retirement Enhancement (SECURE) Act is a bipartisan retirement bill that went into effect on January 1, 2020. The law contains many favorable provisions for retirement account owners, including removing the age limit for IRA...
| by Brendan King, Legislation, Retirement Planning
By Brendan J. King The Setting Every Community Up for Retirement Enhancement (SECURE) Act is a bipartisan retirement bill that went into effect on January 1, 2020. The law contains many favorable provisions for retirement account owners, including removing the age...
| by Brendan King, Estate Planning
By Brendan J. King Summer vacations bring a flurry of estate planning activity. As families board airplanes or parents embark on that long-awaited anniversary cruise without the kids, the faint pangs of “I need to get around to signing a will someday” suddenly erupt...
| Autism Awareness Month, by Brendan King
By Brendan J. King Families, friends, educational and medical professionals, and members of the community at large, are all uniquely impacted by their own experiences and connections with individuals with autism. This month means...
| by Brendan King, Guardianships and Conservatorships, Probate
Many of you are familiar with the term Probate and associate it with a process that may occur after someone’s death particularly if they did not do an estate plan. However, you may be unfamiliar (as many people are) with the Living Probate process, which arises while...
| by Brendan King, Estate Planning, Gift Tax, Tax Planning for Individuals
By Brendan T. King This is the first year that taxpayers will file income taxes under the Tax Cuts and Jobs Act of 2017. When the legislation was announced, it included a change to the Federal estate and gift tax exemption. While the change was a welcome one, it does...
| Asset Protection, by Brendan King
By Brendan J. King When the new Tax Cut and Jobs Act was signed into law in December 2017, it also expanded the benefits of tax-favored 529 savings from what were previously allowed. K-12 Tuition A 529 plan is an indispensable tax advantaged tool that allows parents...
| Autism Awareness Month, by Brendan King, Estate Planning
By Brendan J. King Television series depicting characters on the autism spectrum are growing and more are in the planning stages. From series that include The Good Doctor (ABC), Parenthood (HULU) and Atypical (Netflix), among...
| by Brendan King, Estate Planning
By: Brendan J. King In working with clients on their estate plans we often deal with those who are downsizing and we are struck by the number of people who are convinced that their children and/or grandchildren want their “stuff” after they move into smaller...
| by Brendan King, Estate Planning, MA ABLE
By Brendan J. King In March of 2015 we wrote about the ABLE Act becoming law. See Achieving a Better Life Experience (ABLE) Act of 2014 Now Law: What it means to disabled individuals and their families. We are pleased to tell you that Massachusetts has launched its...
| by Brendan King, Estate Planning, Special Needs & Disability Planning
By Brendan J. King: If you are the parent, grandparent or other caretaker of an autistic or special needs individual, there are specific details that must be addressed in your estate plan. The planning process considers financial, legal and lifetime needs for...
| by Brendan King, Estate Planning, Special Needs & Disability Planning
By Brendan J. King April is National Autism Awareness Month. Through the efforts of the Autism Society, other special needs service organizations, and individuals with autism and their families/support networks, public awareness of the condition has increased...
| by Brendan King, Special Needs & Disability Planning
by Brendan J. King Parents of a special needs child face life-long challenges for their child, their families and themselves. Among those challenges, they are confronted with: Learning and understanding as much as they can about the disability and how to best manage ...
