Effective tax and estate planning often includes a plan for charitable giving. We help families and high net worth individuals develop charitable planned giving strategies. For assistance and counsel on establishing a charitable plan, please contact our attorneys in...
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Attorney Stephen Wilchins is back on the Radio Entrepreneurs Family Business Association (FBA) Panel Discussion Fall 2022: “The Next Generation of Family Business as Entrepreneur” Part 1
https://www.youtube.com/embed/Hgsl0RqP62g The first of the three-part series for the Fall 2022 Panel discussion focuses on family businesses and the next generation. Watch as Stephen Wilchins, Founding Partner from Wilchins Cosentino & Novins, two partners from...
Watch the Fall 2022 Radio Entrepreneurs Family Business Association (FBA) Panel Discussion as Attorney Stephen Wilchins and the panel talk about “The Next Generation of Family Business as Entrepreneur” Part 2
https://www.youtube.com/embed/4g3fWN6b-_s Watch part two of the Fall 2022 Radio Entrepreneurs Family Business Association (FBA) Panel as Stephen Wilchins, founding partner at Wilchins Cosentino & Novins, two partners from Gray, Gray & Gray, and a new panelist...
Watch the final of the Fall 2022 Radio Entrepreneurs Family Business Association (FBA) Panel Discussion as Attorney Stephen Wilchins and the panel talk about “The Next Generation of Family Business as Entrepreneur” Part 3
https://www.youtube.com/embed/WXYfyVHBcnA Watch part three, the final in a series of Radio Entrepreneurs Family Business Association (FBA) Fall 2022 Panel series. Gain insight and advice from Stephen Wilchins, founding partner at Wilchins Cosentino & Novins, two...
What You Need to Know About the Massachusetts Millionaires Tax
On November 8, 2022, Massachusetts voted to amend its state constitution and authorize the “Millionaires Tax”. As a result, Massachusetts taxpayers who receive more than $1 million in taxable income in a year will be subject to an additional 4% tax on income in excess...
“Use It or Lose It”: Making the Most of Your Estate Tax Exemption
Overview On November 2, 2017, in an unprecedented gesture of fiscal generosity, Congress passed the Tax Cuts and Jobs Act and increased the federal unified gift and estate tax exemption (“federal exemption” or “exemption”) from $5.49 million to $11.18 million and...
Thinking of Establishing a Florida Residence or Domicile? Be Informed of Massachusetts Laws to Achieve Your Goals
Individuals usually choose to become Floridians to take advantage of Florida’s favorable asset protection policies or to remove themselves from income or estate tax liability in their current state of residency. To avoid taxation in the Commonwealth of Massachusetts,...
Anticipated Changes Affecting Estate Planning & Gifting
Effective January 1, 2023, both the Lifetime Federal Estate and Gift Tax Exemption and Annual Gift Tax Exclusion Amounts are expected to increase. This change presents an opportunity to capitalize on the historically high Estate and Gift Tax Exemption amounts and to...
What’s So Great about GRATs?
An Effective Wealth Transfer Tool If you want to efficiently transfer wealth using little to none of your federal estate and gift tax exemption and you have an investment that you anticipate generating at least a modest rate of return on investment[1], then you should...
Attorney Stephen Wilchins is back on the Radio Entrepreneurs Family Business Association (FBA) Panel Discussion Summer 2022: “The Great Economic Reset” Part 1
https://www.youtube.com/embed/fAsxYfqt-s8 The first of the three part series for the Summer 2022 Panel discussion entitled “The Great Economic Reset”. This episode is intended to benefit family businesses and entrepreneurs of all types as the panel discusses supply...
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