Giving Your Kids Some Money This Year? The 5 Critical Rules You Need to Know About Gift Taxes Before You Do It. Clients ask me all the time: if I give my kids a substantial gift, say $10,000, who has…
What is a Medallion Signature Guarantee? Medallion Signature Guarantees are generally required when you’re transferring any type of security. For example, stocks, bonds, mutual funds, and some annuities. A Medallion Signature Guarantee is a special stamp and signature combination that…
Many Massachusetts homeowners use “life estate” deeds for different reasons. Some use them as a general estate planning tool. Others frequently use them as a way to “keep the nursing home from getting their house.” In this post, we’ll talk…
5 Massachusetts Estate Planning Dos and Don’ts Attorney Andrew Garcia of SouthCoast Estate Planning offers 5 quick do’s and don’ts when it comes to your Massachusetts estate planing. Don’t name your minor kids as beneficiaries on your insurance policy. If…
Most parents don’t realize that their college aged students need their medical wishes protected too. Here’s some surprising news to most parents – when your child turns 18 they become legal adults. That’s right, they are no longer minors in…
When can my child get the money in the UTMA Custodial Account I Created? Dartmouth, Massachusetts Living Together Law Center attorney, Andrew Garcia answers the question: When can my child get the money in the UTMA custodial account I created?…
Mega Millions Lottery Fever – What Would You Do If You Won the Jackpot??? The Mega Millions jackpot has reached a record high and millions are playing with the hopes of winning the lottery of a lifetime. But, what would…
Why would a bank approve a Massachusetts short sale? 2nd Marriage Estate Planning Attorney Ep. 4 of “2nd Marriage Estate Planning“ Will a Massachusetts bank approve a short sale? Andrew Garcia of Phillips Garcia Law answers this question in the…
Episode 3 of “2nd Marriage Estate Planning” where Andrew Garcia continues to answer a viewer’s questions regarding her debt due to a short sale in Massachusetts. Does her debt now lie on the shoulders of her new husband as well?…
What happens during a Massachusetts short sale? Episode 2 of “2nd Marriage Estate Planning” with Attorney Andrew Garcia What Happens During a Massachusetts Short Sale? Watch Episode 1: What is a short sale in Massachusetts?