Tagged: estateplanningattorney

My Husband but Only Put His Name on the Deed. Will His Adult Children Inherit This Home? #RealEstateLaw #ClosingAttorney

October 23rd, 2020 | estateplanningattorney

My Husband Bought a Retirement Property, but Only Put His Name on the Deed. Will His Adult Children Inherit This Home? My husband and I have been married for 25 years. We do not have children together, but he has children from a previous marriage. We are retired now, and he bought property in Florida […]

Create an Estate Plan So Your Kids Don’t Inherit a Headache

March 16th, 2020 | estateplanningattorney

In his lifetime, Kerney Overman Jr. built a thriving construction company, a close-knit family and a charming beach cottage one block off the Atlantic Ocean in North Carolina. But at around age 70, his mind started to slip. Since his wife had already died, he turned to his eldest child, the one he called “Old […]

Equity Lending Faces Mixed Future

September 6th, 2019 | estateplanningattorney

Posted To: MND NewsWireA new study by the Mortgage Bankers Association (MBA) looks at lending and servicing of home equity lines of credit (HELOCs) and closed-end home equity loans (HE Loans.) The study finds that lenders see the current demand for equity lending to be mixed between loan types and doesn’t anticipate a lot of […]

Linking #MortgageDebt to Life Expectancy – #EstatePlanningAttorney

August 29th, 2019 | estateplanningattorney
estate planning attorney

Linking Mortgage Debt to Life Expectancy Is having debt a good thing? A new study by LendingTree found a correlation between mortgage debt and life expectancy, as higher debt relative to income is linked to higher life expectancy.  “That trend reaffirms the idea that homeownership is ultimately a good thing—this is despite the fact that […]

What is LIFE ESTATE? Freehold estate while the beneficiary or tenant lives. Terminates at the beneficiary’s death. Not a legal estate, so the beneficiary cannot sell the property.

August 19th, 2019 | estateplanningattorney

McDevitt Law Group PC Attorneys experienced in Massachusetts Real Estate Law, Real Estate Closings, Probate Law, Wills, Trusts, Estate Planning, Condominium Conversions and Real Estate Development. Speak with one of our qualified lawyers today.

What is ESTATE IN COMMON? #EstatePlanningAttorney #Will #Trust

August 18th, 2019 | estateplanningattorney

What is ESTATE IN COMMON? An estate in lands held by two or more persons, with interestsaccruing under different titles; or accruing under the same title, but at different periods; or conferred by words of limitation importing that the grantees are to take in distinctshares. 1 Steph. Comm. 323. See TENANCY IN COMMON.   More […]

Suddenly #Bonds Are Pretty Sure The #GlobalEconomy is Doomed – #EstatePlanning #Trusts #Wills #Hingham #Massachusetts

August 16th, 2019 | estateplanningattorney

MBS Day Ahead: Suddenly, Bonds Are Pretty Sure The Global Economy is Doomed Posted To: MBS CommentaryIn the day just passed, bonds sold off by a completely average amount in the context of recent volatility and new trading range. Motivations were above-board and easy to confirm (trade war headlines). The move was mirrored in stocks […]

Deceptively Calm Before The Storm – #RealEstateMarket #EstatePlanning

July 26th, 2019 | estateplanningattorney

MBS RECAP: Deceptively Calm Before The Storm Posted To: MBS CommentaryA storm of potential inspiration is brewing for the bond market. Over the next 5 trading days we’ll get announcements from the 2 biggest central banks (ECB and The Fed), Durable Goods, the first reading of Q2 GDP, PCE inflation, Chicago PMI, and ADP Employment. […]

What is CHARITABLE GIFT ANNUITY? – Black’s Law Dictionary Estate Planning Attorney Hingham

July 8th, 2019 | estateplanningattorney

A qualified charitable organization exchanges their revocable transfer of cash or property for the paying of a fixed-sum annuity over the life of one or two persons contributing the cash or property.   More On This Topic Do Cash Gifts Have To Be Reported To The IRS? If I File My Taxes Online, Is There […]

Nifty IRS News Site Lender and Vendor Developments Strong Jobs Data – #EstatePlanningAttorney #Hingham Massachusetts

July 6th, 2019 | estateplanningattorney

Posted To: Pipeline Press The IRS has only been with us since 1862, modern nationwide income tax since 1913. But, just like the gfee income “share” with Freddie and Fannie, and sweeping the Agencies profits, the government never relinquishes money, so U.S. Federal income tax will be with us forever. So you may as well […]

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