Category: Gifting

When Your Children Step In: What a New Massachusetts Case Tells Us About Gifting and Incapacity

Two adult sons moved more than $5.5 million from their elderly mother’s assets to themselves using a durable power of attorney. A Massachusetts court just held that the gifts were authorized. The harder question is

Want to Give the Kids an Early Inheritance? 4 Things to Consider

If you’re thinking about giving your children their inheritance early, you’re not alone. A recent Merrill Lynch study suggests that these days, nearly two-thirds of people over the age of 50 would rather pass their