How Your Estate Plan Can Care for Those You Love Dear Friends, In the depths of winter, I consider February the month of love because of St. Valentine. In my practice, I reflect on ways in which our clients have displayed caring through their own estate planning. Believe it or not, [...]
End-Of-Year Gifting Strategies Dear Friends, The season of giving is here, which means the annual exclusion deadline for tax-free gifts is fast approaching. The common question I get asked is, “What can I gift tax-free before the year comes to a close?”. It can be difficult to distinguish between what is [...]
Today, we celebrate #NationalLegacyDay, a day where we encourage you to review your estate plan and ensure your legacy documents are in order and up to date.
We recently had a friend of the firm reach out detailing an unfortunate phishing scam they fell prey to. While it didn’t affect our firm or any of our clients, it was nonetheless unsettling news. The target was tech savvy, knowledgeable in their field of finance, and always cautious. Sadly, it seems that as the technology around us becomes more advanced, so do the scammers that aim to deceive honest people.
Joyously, it seems New England has turned the page on winter and spring is beckoning! Our Eckert Byrne family hopes you had a pleasant Easter, Passover, or Ramadan for those who celebrate. The spring season seems to bring ruminations on change, rebirth, and growth. We’ve been through a lot of changes of late as a firm and thanks to our team’s dedication and determination, that change has sprung growth and newfound purpose.
April 1st is a special day here at Eckert Byrne LLC! On this day, in 2009, I took a leap of faith by creating this law firm. Eckert Byrne was founded with a vision to create a law firm that would serve clients holistically by focusing on creating plans that account for people’s loved ones/legacy and provide a pathway for an on-going relationship.
With our office in Cambridge, we are constantly reminded of the soaring real estate market. As I look in every direction from our Third Street office, I can see a handful of tower cranes being used in the construction of new or renovated buildings. In addition to the commercial boom, we are all very aware of the surge in residential real estate values. Many residents in and around the Boston area have owned their homes for a number of years and are witnessing value increases at unprecedented rates. For many of these homeowners, their home is one of their largest assets and they often expect to age in place. A homeowner may ask, how can I plan for passing on my legacy?
In one of our past newsletters, we talked about the importance of keeping our digital assets safe and secure. As a firm, we’ve counseled our clients over the years to have a plan for their digital assets if incapacitated and indicate who and what their successor should have access to. I was recently reminded of our digital asset planning when I came across an article about Apple’s new Digital Legacy setting.
Death can be devastating, sad, and unexpected. Even if it is anticipated, the thought of knowing one will never share the same experiences with a loved one can pain the heart. A common thread found in beloved public figures when they pass, whether it be expected or unexpected, is their legacy established during life time carries on well after.
Congratulations, Anna Byrne, on being chosen as one of the Massachusetts Go To Trusts and Estates Lawyers for 2021!! This program recognizes top lawyers across the state.
