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Fegreus & Broderick

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  • Services
    • Estate Planning
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  • The Firm
    • Michael Broderick
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Later Posts

Estate Taxes: The Marital Deduction

The Basics of Transfers Between Spouses

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A Mother’s Power of Appointment

What your mother giveth your mother may taketh away. 

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Testamentary Capacity

A primer on the mental status required to execute a Will and how to prepare to avoid a Will contest. 

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Special Needs Trust Update

The Importance of "the Individual."

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Recent MassHealth Planning Cases

Two recent cases illustrate how assets held in an irrevocable trust may render an applicant ineligible for MassHealth

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Prince Apparently Left No Will or Plan

The Consequences and Next Steps for the Iconic Artist's Estate

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Probate v. Non-Probate Assets and Probate Avoidance

What do we mean when we talk about the "estate"?

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Attorney-Client Privilege & Estates

What Can the Drafting Attorney Reveal?

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Insolvent Estates

When the estate's assets are insufficient to pay debts

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Who Gets the Real Estate Sale Proceeds?

Distribution of sale proceeds by a Personal Representative

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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

Recent changes to federal estate tax law have sign Recent changes to federal estate tax law have significantly increased the exemption amount. Congress approved an exemption of up to $15 million per individual, or $30 million per married couple, reducing federal estate tax exposure for many families.

At the state level, the rules are very different. Massachusetts has not increased its estate tax exemption, which remains at $2 million per person. This creates a potential gap between federal and state planning considerations.

Understanding how federal and state estate tax laws interact is essential to effective planning. Working with Fegreus & Broderick, LLP can help ensure your estate plan reflects current laws and is structured to minimize unexpected tax exposure.
Fiduciary roles come with limits many people don’t Fiduciary roles come with limits many people don’t expect.

While individuals generally have the right to represent themselves in legal proceedings, Personal Representatives and Trustees step into a different role once they are acting on behalf of an estate or trust with multiple beneficiaries.

At that point, the fiduciary is representing a separate legal entity and the interests of others, which typically requires licensed legal counsel for court matters. Proceeding without proper guidance can lead to delays, added costs, and personal liability.

Knowing when legal representation is required helps fiduciaries protect both themselves and the beneficiaries they serve.
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