Estate Tax Returns

[vc_row padding_bottom=”0″][vc_column][vc_column_text]In Massachusetts we have a very low threshold that determines whether you owe an estate tax.  If your estate’s net worth is over $1,000,000 (including death benefits from life insurance policies, equity in real estate, investments, retirement accounts, etc.) then your estate owes a tax to the Department of Revenue.  This tax is owed 9 months from date of death.

Furthermore, if you owe an estate tax AND own real estate, you will not be able to sell the real estate until after you have paid the tax (this is the general rule, there are exceptions for estates with little cash and lots of real estate).  Once you pay the estate tax, the Department of Revenue will issue a release of lien for the real estate so that you will be able to sell the property without a title issue.

We help our clients through this ugly process so that they can focus on healing from the loss of a loved one.  We take stress of the tax and legal process from our clients so they can focus on their family.  [/vc_column_text][/vc_column][/vc_row][vc_row padding_bottom=”0″ post_type=”post” max_items=”4″ style=”all” items_per_page=”10″ show_filter=”” element_width=”3″ gap=”30″ orderby=”date” order=”DESC” filter_style=”default” filter_default_title=”All” filter_align=”center” filter_color=”grey” filter_size=”md” arrows_design=”none” arrows_position=”inside” arrows_color=”blue” paging_design=”radio_dots” paging_color=”grey” loop=”” autoplay=”-1″ item=”masonryGrid_Default” initial_loading_animation=”fadeIn” button_style=”” button_color=”” button_size=”” btn_title=”Load more” btn_style=”flat” btn_gradient_color_1=”turquoise” btn_gradient_color_2=”blue” btn_gradient_custom_color_1=”#dd3333″ btn_gradient_custom_color_2=”#eeee22″ btn_gradient_text_color=”#ffffff” btn_custom_background=”#ededed” btn_custom_text=”#666″ btn_outline_custom_color=”#666″ btn_outline_custom_hover_background=”#666″ btn_outline_custom_hover_text=”#fff” btn_shape=”rounded” btn_color=”blue” btn_size=”md” btn_align=”inline” btn_button_block=”” btn_add_icon=”” btn_i_align=”left” btn_i_type=”fontawesome” btn_i_icon_fontawesome=”fa fa-adjust” btn_i_icon_openiconic=”vc-oi vc-oi-dial” btn_i_icon_typicons=”typcn typcn-adjust-brightness” btn_i_icon_entypo=”entypo-icon entypo-icon-note” btn_i_icon_linecons=”vc_li vc_li-heart” btn_i_icon_monosocial=”vc-mono vc-mono-fivehundredpx” btn_i_icon_material=”vc-material vc-material-cake” btn_i_icon_pixelicons=”vc_pixel_icon vc_pixel_icon-alert” btn_custom_onclick=”” grid_id=”vc_gid:1561747637073-3e79eca331d1c39fdd7252ee207a6cc1-6″ taxonomies=”26″ el_class=”practice-areas-feed” css=”.vc_custom_1561747843719{background-color: #ffffff !important;}” include=”” custom_query=”” meta_key=”” offset=”” exclude=”” filter_source=”category” exclude_filter=”” paging_animation_in=”” paging_animation_out=”” el_id=”” btn_el_id=”” btn_custom_onclick_code=””][vc_column][vc_basic_grid post_type=”post” max_items=”4″ element_width=”3″ item=”masonryGrid_Default” grid_id=”vc_gid:1683642344604-737e0df3-ca43-10″ taxonomies=”128″ el_class=”practice-areas-feed” css=”.vc_custom_1561748636883{background-color: #ffffff !important;}”][/vc_column][/vc_row][vc_row padding_top=”0″ padding_bottom=”0″][vc_column][vc_column_text]

Planning Ahead

Estate tax issues are complicated and confusing, which is why too many people put off planning for them. Some people also mistakenly believe that there’s no point in planning for estate tax because they’re unavoidable, However, it is possible to minimize estate taxes through proper planning.

Don’t make those mistakes. Tackle estate tax planning now to save your loved ones from dealing with it when you’re gone, and to maximize their inheritance.

Ladimer Law can help. Estate tax laws are complex and our lawyers can help walk you through how these laws affect your estate. We’ll work with you to determine your taxable estate, and with a full picture of your assets, our attorneys can recommend tools to reduce or even eliminate your estate tax liability.[/vc_column_text][/vc_column][/vc_row][vc_row padding_top=”0″ padding_bottom=”0″][vc_column][vc_column_text]

Service Offerings: 

  • Credit Shelter Trusts
  • Irrevocable Life Insurance Trusts
  • Charitable Remainder Trusts
  • Gift Giving
  • Charitable Giving

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