By Erin F. Nielson with contribution from Katie Moore, Financial Advisor and Certified Divorce Financial Analyst with Finivi Many of our clients are experiencing financial hardship as a result of the many changes to our work and home lives caused by the Coronavirus. ...
Archives
Posts for 'CARES ACT'
WCN Posts
Meet Attorney Kristine Ann Cummings
Ready Access Memory: Organizing Information for Your Personal Representative
Guardianships, Conservatorships and Jurisdictional Issues: What to Do and Where to File
“What Family Businesses Need Today to Thrive” Spring ’26 FBA Panel – Part 3
“What Family Businesses Need Today to Thrive” Spring ’26 FBA Panel – Part 2
“What Family Businesses Need Today to Thrive” Spring ’26 FBA Panel – Part 1
Wouldn’t It Be Great to Leave Junior the House?
Wilchins Cosentino & Novins LLP Elects Attorney John W. Donahue as Equity Partner
SAFE Notes: An Early Stage Funding Alternative
Meet Brendan McGrory
Learning the Hard Way: Income Tax Consequences of Nonqualified Distributions from 529 Plans
The Final Installment of “What does Success Look Like in 2025” is now Available – The panel, Which Includes Attorney Stephen Wilchins, Discusses Changes in Leadership, Technology and the IT Industry – Part 3
The Second Installment of “What does Success Look Like in 2025” is now available. The panel, featuring Attorney Stephen Wilchins, Discusses Handling Conflict and Transitions in Businesses – Part 2
Thinking Across Tax Systems: Income Tax vs. Estate and Gift Tax
The Latest Three-Part Panel Discussion of “What Does Success Look Like in 2025” Is Now Available Featuring WCN’s Founding Partner Stephen Wilchins – Part 1
Thinking of Starting or Joining the Family Business? There are many benefits to consider.
New Resources Available for Guardians and Conservators of Adults in Massachusetts
Disinterested but Not Indifferent: Trustee Selection Lessons from Jane Austen’s, “Emma”
From “We” to “Me”: The Estate Plan Makeover Every Divorced Person Needs
Something Old, Something New, Something Smart (A Prenup!) – Nine Benefits of Having a Prenuptial Agreement
Three Attorneys Recognized by Best Lawyers® 2026 edition of Best Lawyers in America
2025 Tax Act Creates Significant Estate and Income Tax Changes for All
Meet Susan Novins
The final installment of “Success in Family Business” is now available. The panel, which includes WCN’s Attorney Stephen Wilchins, discusses employee retention in an ever-changing labor market. – Part 3
The second installment of “Success in Family Business” is now available. It includes WCN’s Founding Partner Stephen Wilchins, as the discussion moves to successfully shifting culture within the business. – Part 2
The latest Family Business Association three-part panel discussion “Success in Family Business” is now available featuring WCN Founding Partner Stephen Wilchins. – Part 1
Automatic GST Allocation: Helpful Shortcut or Costly Mistake? Five Challenges Posed by Automatic Allocation
The Generation-Skipping Transfer (GST) tax was created to prevent families from avoiding estate taxes by transferring wealth directly to grandchildren. While automatic GST allocation rules were introduced to simplify the process, they can create unintended consequences. From inflexible allocations to mismatches with estate planning goals, relying on these defaults without careful oversight can lead to wasted exemptions and unexpected tax liabilities. Understanding the risks is key to preserving wealth across generations.
Understanding the Supreme Court’s Ruling in Connelly v. United States: Four Concerns for Business Owners
The Supreme Court’s decision in Connelly v. United States has major implications for business owners using life insurance in buy-sell agreements. Discover how this ruling affects estate taxes, business valuations, and succession planning—and what steps you should take now to protect your interests.
A Duty to Give Back and to Mentor Others
Right sized to best serve our clients
Duly Noted: Planning with Intrafamily Loans
When the Founder Approaches Retirement
Establishing a Plan for a Special Needs Child
Planning for an adult child with special needs can be overwhelming, especially when considering long-term care and financial security after a caregiver’s incapacity or death. Key areas like financial planning, estate planning, and guardianship transitions are essential for ensuring their future.
FinCEN Announces Changes to BOI Reporting for 2025
Stay updated on the latest changes to the Beneficial Ownership Information (BOI) reporting requirements. Learn about the new exemptions for domestic reporting companies and important filing deadlines for foreign entities under the March 2025 FinCen rule update.
The final installment of “Success in Family Business” is now available, including WCN’s Attorney Stephen Wilchins, as the panel discusses family estate planning when spouses are in the privately held business. Part 3
The second installment of “Success in Family Business” is now available including WCN’s own Attorney Stephen Wilchins, as the discussion shifts to successful long-term planning. Part 2
The latest Family Business Association three-part panel discussion “Success in Family Business” is now available featuring Attorney Stephen Wilchins. Part 1
What is an in terrorem clause? Its Importance in Estate Planning
Thinking of including your grandchildren in your estate plan? Discover key strategies and considerations, from tax implications to trusts, to help you achieve your estate planning goals.
How to Leave Your Estate to Your Grandchildren
Thinking of including your grandchildren in your estate plan? Discover key strategies and considerations, from tax implications to trusts, to help you achieve your estate planning goals.
Principles of Mediation: An Effective Resolution Approach
Mediation is a popular alternative to court for resolving disputes across various areas. It focuses on voluntary participation, informed consent, neutrality, and self-determination, allowing parties to reach mutually agreed solutions with the help of a skilled mediator.