Guide for Saving and Disposing of Documents

Below are our recommendations concerning saving/disposing of paperwork: Documents How long to keep Where to keep Birth and Death Certificates Forever Safe Deposit box (1) Estate Planning Documents Until replaced with completely new documents, Destroy old documents!...

The Millionaire’s Tax

Massachusetts voters approved a tax increase on taxpayers with a net income over $1 million. This 4% surtax is earmarked for education, road repair and maintenance, and public transportation.  One concern about this tax is that there is no exception for the sale...

Attorney-in-Fact vs. Trustee

Most estate plans include both a Durable Power of Attorney and a Trust.  As I’m talking with clients about selecting people to serve in the roles, the question comes up: what is the difference between these two jobs?   The truth is that while the job descriptions...

When Your Power of Attorney is Powerless

If you have ever had Power of Attorney for a parent or another loved one, you are probably familiar with the frustration that comes with the job.  Banks, financial institutions, and even utility companies seem to either have a lot of red tape around the use of a...