Question: I inherited my mom’s estate when she passed away in 2014. She worked for the state of Massachusetts (UMass) and retired with me as her beneficiary a few months before her death. [...]

Question: We have a grantor irrevocable trust from our mother. Her house is for sale and we’re not sure if a step-up in basis is an option or do we carry forward her basis if we do a 1031 [...]

Question: I have a question about my mother’s two-family house. It’s amazing that she has survived the pandemic and will be turning 104 in September. She is in a nursing home and is covered [...]

Everyone talks about probate and avoiding probate, but what is “probate?” And what is “probate property?” Probate is the judicial process through which property you own [...]

Question: If I include in my revocable trust a general power of appointment giving my wife the power to decide the beneficiaries of all assets in the trust and she dies before me, does such power [...]

A prospective client called to ask whether his son who is engaged to be married could protect his assets in the event of divorce. Apparently, a prenuptial agreement is out of the question. I [...]