Comments for McNamara & Yates P.C. https://cape-law.com/ Cape Cod Massachusetts Medicaid Attorneys - Estate, Probate and Business Law Office Thu, 16 Feb 2023 12:56:12 +0000 hourly 1 https://wordpress.org/?v=6.4.3 Comment on When There is No Will | What Happens in Massachusetts? by Tim McNamara https://cape-law.com/when-there-is-no-will-what-happens/#comment-139 Mon, 15 Jan 2018 18:55:06 +0000 http://localhost/wordpress/?p=1467#comment-139 In reply to Laura Burkett.

Hello Laura,

You are encouraged to call or write directly for questions, rather than via internet comment.

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Comment on How to Start a Massachusetts Marijuana Business – A Question 4 Primer by Tim McNamara https://cape-law.com/massachusetts-recreational-marijuana-business/#comment-197 Mon, 15 Jan 2018 18:54:31 +0000 http://localhost/wordpress/?p=2117#comment-197 In reply to Sandeep.

Hello Sandeep,

Yes. You are encouraged to write or call directly, rather than via internet comment.

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Comment on When There is No Will | What Happens in Massachusetts? by Laura Burkett https://cape-law.com/when-there-is-no-will-what-happens/#comment-138 Fri, 28 Apr 2017 14:28:10 +0000 http://localhost/wordpress/?p=1467#comment-138 What if the passing parent is divorced, no spouse as an heir, but he does not have a will?

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Comment on How to Start a Massachusetts Marijuana Business – A Question 4 Primer by Sandeep https://cape-law.com/massachusetts-recreational-marijuana-business/#comment-196 Thu, 20 Apr 2017 21:19:56 +0000 http://localhost/wordpress/?p=2117#comment-196 Hi,

I am interested in entering the recreational marijuana field, but want to sit down with someone knowledgeable about it.

Would you happen to be able to help?

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Comment on How to Avoid Probate | Probate Law Massachusetts by Tim McNamara https://cape-law.com/how-to-avoid-probate-probate-law-massachusetts/#comment-20 Wed, 22 Mar 2017 12:22:44 +0000 http://localhost/wordpress/?p=862#comment-20 In reply to Cathy.

Hello Cathy,

We would likely recommend creating a trust, but this type of advice is best left off the comment section of our website and after a consultation at our office. Thanks and let us know by phone or email if you wish to come in.

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Comment on How to Avoid Probate | Probate Law Massachusetts by Cathy https://cape-law.com/how-to-avoid-probate-probate-law-massachusetts/#comment-19 Sat, 18 Mar 2017 11:29:07 +0000 http://localhost/wordpress/?p=862#comment-19 Hi, my mom is 85 and not in the best of health. She lives alone but I take care of her I live next door. i am her power of attorney. Her house is paid for BUT her name only is on the deed. She has a will. What can I do to avoid private?

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Comment on What is the Estate Tax in Massachusetts? | Massachusetts Probate Law by Tim McNamara https://cape-law.com/what-is-the-estate-tax-in-massachusetts/#comment-47 Fri, 10 Mar 2017 16:22:08 +0000 http://localhost/wordpress/?p=909#comment-47 In reply to David McKenney.

Hello David,

We ordinarily would direct any specific inquiries about estate tax to our Cape Cod law office, to call for a free consultation on the subject.

If I take your comment correctly, it would appear your father gifted you this home and therefore should have filed a gift tax return with the IRS at that time.

This gift would be on record with the IRS and therefore make up a portion of his taxable estate. With that in mind, the remainder of his estate appears to amount to only ~$62k, an amount that does not rise to the Massachusetts estate tax threshold of $1M.

Unless the gift combined with his estate rises to or near that threshold, it does not appear an estate tax return was necessary.

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Comment on What is the Estate Tax in Massachusetts? | Massachusetts Probate Law by David McKenney https://cape-law.com/what-is-the-estate-tax-in-massachusetts/#comment-46 Fri, 10 Mar 2017 16:02:51 +0000 http://localhost/wordpress/?p=909#comment-46 My dad passed away January 29, 2016. I am the only child. My mom passed away 18 years ago. The house is in my name and has been for 17 years. There were 3 annuities that I am the beneficiary of totaling ~ 32k that we cashed in. There is also an investment account that I am on with my dad worth approx. 30k. did I need to file an estate tax form for this and what is included?

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Comment on When Is Probate Required? Massachusetts Law and Probate Alternatives by Tim McNamara https://cape-law.com/when-is-probate-required-massachusetts/#comment-189 Mon, 27 Feb 2017 22:15:03 +0000 http://localhost/wordpress/?p=1855#comment-189 In reply to Arthur Kiriakos.

Hello Arthur,

As this article explains, there are many options in Massachusetts for probate process. The one you have proposed is not one of those options.

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Comment on What’s the Difference? | MassHealth, Medicaid and Medicare by Tim McNamara https://cape-law.com/whats-the-difference-masshealth-medicaid-medicare/#comment-158 Mon, 27 Feb 2017 22:13:04 +0000 http://localhost/wordpress/?p=1567#comment-158 In reply to Paul.

Hello Paul,

This is not MassHealth but a law firm website. Questions about your healthcare plan should be directed to your healthcare provider. Any assistance we provide in obtaining insurance benefits is related to the MassHealth application for elderly individuals

    who require long term care

. You are fortunately not in that situation, unless you need assistance with your activities of daily living.

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