Our Elder Care “System” is Already Broken, and It’s Going to Get Much Worse
Harry S. Margolis
Article about elder care crisis misses reality that it’s going to get much worse in about 10 years.
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Article about elder care crisis misses reality that it’s going to get much worse in about 10 years.
Here’s a chart showing the tax payments due for various sized estates under the new Massachusetts estate tax.
Harry Margolis questions investments in longevity research in the face of shorter life expectancy in the United States due to inequality and “deaths of despair.”
Sam Bankman-Fried’s example has given effective altruism a bad name, but it should really help undercut the concept of “earning to give” more than the broader theory of effective altruism.
We recommend that everyone execute a durable power of attorney as long as they have someone they trust to appoint. A power of attorney is a document that allows the individual appointed to make financial and legal decisions on your behalf.
Under the new Massachusetts estate tax law, out-of-state real estate is included in determining whether the estate exceeds the $2 million threshold, but the tax owed is reduced in proportion to the value of the out-of-state property.
The new Massachusetts $2 million estate tax may or may not include lifetime taxable gifts within the threshold.
In case of Jones v. Jones, the Massachusetts Appeals Court rules that trust that directs distributions to spouse except in specific, limited circumstances must be included in the marital estate.
Schedules of beneficiaries for nominee realty trusts often go missing; here are a few solutions if that occurs.
Massachusetts increases its estate tax threshold from $1 million to $2 million
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Webinar, this Monday. Learn what you need to know about the new increase in estate tax in Massachusetts. Noon, tune in.
