The basic idea behind a QPRT is to transfer the equity in a qualified residence out of a person’s estate and to their heirs while reaping lower transfer tax consequences.
Creating Your Will? Here’s What an Executor Cannot Do
Executors have many important responsibilities, including filing tax returns, keeping meticulous records and distributing assets to your beneficiaries.
Does Medicare or Medicaid Pay for Assisted Living?
People who do not require round-the-clock nursing but need help with everyday activities like bathing, housekeeping, medications and meal preparation can benefit from assisted living.
Medicare Now Covers Medically Necessary Dental Care
The final Medicare rule now includes dental care in the definition of “medically necessary care.”
IRS Raises Annual Gift Tax and Estate Tax Exclusions in 2023
There are a variety of planning strategies available to take advantage of these more significant exemption amounts before they are no longer available.
Eight Shatz, Schwartz and Fentin attorneys honored by Best Lawyers.
SPRINGFIELD, Mass. – Local law firm Shatz, Schwartz and Fentin, serving Massachusetts, Connecticut...
Bankruptcy, Reorganizations and Workouts: Various Ways to Solve Debt Problems
Filing for bankruptcy isn’t the only option if you’re facing serious debt.
Prepare for the Future: Celebrating National Elder Law Month
As you age, it becomes increasingly important to have a solid legal plan for everything from your estate to your long-term health care.
Serving as an Executor of a Will: An Introductory Guide
If you’ve just become an executor of a will, or you will be in the future, here’s an introductory guide to what your obligations might be and how to prepare.