Top 5 Margolis & Bloom Blog Posts of 2014
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Every year in our blog we discuss recent elder law changes and answer questions you may have, from the basics to more complex issues. We hope you enjoyed reading our posts and if you have any burning topics that you would like us to cover for 2015, please email us at [email protected]. Here are the most popular blog posts of 2014.
1. What is Life Estate and Why Would You Want One? 2. How Many Agents Should You Name on Your Durable Power of Attorney? 3. Life Estate Owners: Beware Solvency of Remaindermen-Massachusetts 4. 5 Rules You Need to Know about MassHealth Nursing Home Eligibility 5. What Does "Maintenance, Comfort and Support" in a Trust Really Mean? |
Steven J. J. Weisman Publishes Book: Identity Theft Alert
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For 13 straight years identity theft has been America's number one consumer crime. No one is immune: children, the elderly and even the dead have been victimized. Steven Weisman, Of Counsel at Margolis & Bloom, has published a book that shares 10 steps to follow in order to safeguard your identity right now. |
Family Strife Over Elder Care? Consider an Elder Mediator
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One or both parents requiring care can create serious stresses and conflicts within families. Sometimes disagreements and misunderstandings over elder care or inheritance issues can lead families to break apart, affecting descendants for generations. To avoid this, elder mediation is available to resolve family disputes that otherwise may go unaddressed or lead to costly and traumatic litigation. A successful resolution can preserve family ties to the benefit of the entire family tree.
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Resource: A Primer on the Massachusetts Estate Tax
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While very few people are
subject to a federal estate tax, which only applies to estates exceeding $5.43 million (in 2015), many more are subject to the Massachusetts estate tax, which applies to estates over $1 million. While the Massachusetts estate tax rate is not nearly as high as the federal rate, many clients still prefer to reduce or eliminate the estate tax their heirs will have to pay.
Learn more about the Massachusetts estate tax, and the steps you can take to reduce or eliminate your estate tax burden.
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