Why Estate Planning for Business Owners Matters
Proactive planning can protect a business from uncertainty, safeguard familial wealth, preserve legacies, and maintain operational continuity.
Estate & Trust Administration: Experience Counts
Administering an estate or trust is rarely as simple as following a checklist. Even when thoughtful planning has been done in advance, the process can be complex, time-consuming, and emotionally charged. Trustees and personal representatives (executors) are often...
The Power of Giving
At EPLO, charitable giving is woven into both our professional and personal missions and is at the heart of the work we do.
Plan to Preserve Your Legacy
Having a comprehensive estate plan is important at every stage of life. As you reach your later years, you may wonder if you have done everything you can to preserve your legacy and protect those you’re leaving behind. Estate planning is more than just directing where...
Legislative Update: MA Increases Estate Tax Exemption Impact on Estate Planning
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...
Time to update your estate plan?
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 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...
COVID-19: Business of serving you continues uninterrupted
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 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...
Brendan J. King Featured in the Professional Advisor Network Journal on SECURE ACT
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...
The SECURE Act Substantially Changes the Rules about Inheritance of Retirement Accounts: What you need to know now
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...
Vacation To-Do List: # 1 Do estate plan
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...
April is World Autism Month
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...
Living 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...The Federal and Gift Estate Tax Exemption Has Changed: But not in Massachusetts
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...New 529 Plan Rules Bring Significant Changes
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...