Old Colony Law

Still fighting an election hangover? Please join Old Colony Law attorneys for our next monthly session on Zoom where we will unpack the possible consequences the election may have had on your estate planning. Register here: https://lnkd.in/eWAi9CR6

Changes to the FEDERAL ESTATE TAX law are expected in the coming year as the current law is set to expire after 2025. Whomever is appointed as treasury secretary will have a key role in shaping the future of the death tax. https://lnkd.in/eanbwSwE

????Estate planning is all about protecting your property and privacy rights. But today we focus on your voting rights. Polls are open in Massachusetts until 8:00 p.m. If you are a Massachusetts resident and need help finding your polling location, you are welcome to give Old Colony Law a call at (413) 387-0080.

???It's Election Day. Here in Massachusetts, polls are open until 8 p.m. You can look up your polling location here. https://lnkd.in/erNQTawK

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"We don’t, however, merely offer our endorsement by default. Ms. Harris also happens to be the candidate who has expressed the most commitment to protecting health care privacy. She has also spoken with compassion about introducing elder care initiatives that would enable families to engage in true estate planning and leave legacies for their family, rather than spend down their hard-earned assets just to become eligible for government-provided nursing home care."

2025 ?? gift tax exemption: $19K ($18K in 2024) 2025 ?? estate tax exemption: $13.99 million ($13.61 million in 2024) https://lnkd.in/gcjGDx4m

?? A Happy 50th Birthday to world-famous Fitzwilly's, in Northampton. #WesternMass Fitzwilly's has been a great spot for us to connect with friends and colleagues and to discuss estate planning in Western Massachusetts. We have had many conversations about the recent "Massachusetts Estate Tax Exemption" increase to $2 million and the uncertainty surrounding the future of the Federal Estate Tax. https://lnkd.in/ec5UhJPH

??? One week until Election Day. Don't forget to exercise your right to vote . . . and your rights to protect your privacy and property with comprehensive estate planning.

In an environment where lawsuits from customers, employees, or even competitors are common, safeguarding your wealth is crucial. Many entrepreneurs may feel overwhelmed by the complexities of legal protection, but understanding and implementing effective strategies can provide peace of mind. https://lnkd.in/gs3XcY6U