Tag Archives: Irrevocable Trust

Protecting the Cottage

Are you lucky enough to own that special place, whether it’s a camper in Maine or a house on the Cape, where you, your children and your grandchildren can go to enjoy some time away together during our all-too-brief New … Continue reading

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Upcoming Elder Law Clinics

    Estate planning, tax minimization and asset protection concerns are very different for single people versus married couples.  Learn what steps singles need to take to protect yourself and preserve your assets.  Attend one of my elder law seminars … Continue reading

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A Cautionary Tale

  Last week I met with a delightful couple in their early 80’s with a big problem.  Over 10 years ago, at the urging of their four children, these folks transferred to their kids a so-called “remainder interest” in the … Continue reading

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Taking Stock During the Holidays

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For many of my clients, Thanksgiving is the best holiday of the year.  The kids fly or drive in for dinner or a more extended stay.  A child living in the area has often assumed the meal management duties.  The … Continue reading

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Trust Decanting: Now Authorized in Massachusetts

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Earlier this year the Supreme Judicial Court ruled in Morse v. Kraft, 466 Mass. 92 (2013), that under certain circumstances a Trustee has the ability to decant as part of the Trustee’s power to make discretionary distributions to the trust … Continue reading

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Virtual Representation – Say Goodbye to the Guardian Ad Litem?

Before Massachusetts adopted the Massachusetts Uniform Trust Code (MUTC) in 2012, in order to make any binding changes to an irrevocable trust, we would need to petition the court for authority.  Due to the very nature of a trust, the … Continue reading

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