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Fegreus & Broderick

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Earlier Posts

The Ethics of Being a Personal Representative

Settling An Estate With Fairness

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Living Trust Basics

What a Living Trust Can, and Cannot, Do for You and Your Family 

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What If There Is No Will?

What to expect from the estate of a family member who did not have a Will.

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Can I Sell The House Out Of The Estate?

While many people feel an emotional attachment to a childhood home or family vacation property, most heirs prefer to sell following the death of a […]
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Life Estate Update

A recent Appeals Court case reminds lawyers that even the simplest estate planning techniques require a thorough understanding. In Linda Dell’Olio, et al. v. Assistant […]
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The Massachusetts Pet Trust

A pet trust is an arrangement allowing a pet owner to provide financially for the care of an animal in the event of the owner’s […]
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The Health Care Proxy: A Basic Overview

Understanding How a Health Care Proxy Can Protect You

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How Is My Property Divided?

By Representation v. Per Capita Distribution

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IRS Amnesty for Estate Tax Portability

It's Not Too Late for Large Estate Tax Savings

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Avoid the DIY Estate Plan

The cautionary tale of Roth v. Newpol

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Earlier Posts
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Fegreus & Broderick, LLP

21 Custom House Street, Suite 480
Boston, Massachusetts 02110
t: (617) 737-9100 | f: (617) 737-9123
info@fegreuslaw.com

Under the One Big Beautiful Bill Act signed this p Under the One Big Beautiful Bill Act signed this past July, the federal estate and gift tax exemption will increase to $15 million per person and $30 million for married couples in 2026. 

Additionally, the annual gift tax exclusion will be set at $19,000 per recipient or $38,000 per recipient for married couples, allowing someone to give substantial gifts to loved ones before even reaching the federal estate and gift tax exemption. 

Although federal estate taxes have seen significant increases in the exemption, Massachusetts estate taxes will stay at $2 Million. 

Have questions on how taxes will play into your estate plan? Schedule a consultation today!
A durable power of attorney can be drafted so that A durable power of attorney can be drafted so that the attorney-in-fact can have immediate powers to act on behalf of the principal or, alternatively, it can be drafted so that the attorney-in-fact can only act when the principal becomes incapacitated (known as a “springing power”). 

Springing powers may be appealing to someone who is reluctant to give their attorney-in-fact immediate access to their affairs. However, it may cause delays in the attorney-in-fact’s powers if there is required paperwork or procedures to determine if the principal is truly incapacitated. 

Want to set up a durable power of attorney? Want to discuss how to make it work for your circumstances? Set up a consultation today.
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