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Summary of New Law Restricting Evictions and Foreclosures

Friends, As part of our ongoing efforts to keep you advised of new legal developments during the COVID-19 Emergency, we are writing to advise you that Governor Baker has signed into law a new Act imposing a temporary moratorium on certain evictions and foreclosures. Importantly, this new law does not relieve tenants from the obligation […]

Remote Estate Planning Services

Dear Friends, We hope that this newsletter finds you and your loved ones safe and well during these challenging times. As you might imagine, the current COVID-19 crisis has led many of us to consider creating or revising our estate plans. We stress forward thinking on this issue because, in a Covid-19 context, there is […]

Updated Resources and Checklists for Navigating the New Federal Emergency Loan Programs

Friends, As a follow up, we are attaching links to some additional resources concerning the new Small Business Association disaster loan programs. While these programs are often described in recent media as one collective program, there are actually several interrelated relief programs, some of which provide forgivable loans and some of which require repayment in […]

ALERT: Applications Open for New SBA COVID-19 Disaster Loan Assistance under the CARES Act

Dear Friends, Following the enactment of the CARES Act this past Friday, it was anticipated that the U.S. Small Business Association (“SBA”) would develop a streamlined application process to enable small businesses to apply online and expedite payments for approved loans under the new COVID-19 Economic Injury Disaster Loan program. We are writing to alert […]

The Stimulus Relief Package and You

Dear Friends, Congress has just passed and we anticipate that the President will shortly sign the much heralded Coronavirus Stimulus Relief Package. It is a far reaching law that covers a lot of ground and helps a great many people and businesses. The news coverage to date has been sketchy and we all have many […]

State-Mandated 2-Week Shutdown of Physical Workplaces for Non-Essential Businesses & Overview of the New Paid Leave Laws

Dear Friends, We hope this newsletter finds you well and taking appropriate steps to remain healthy in the face of the current public health emergency. We are writing to alert you to Governor Charlie Baker’s order today requiring all Massachusetts businesses and organizations that do not provide “COVID-19 Essential Services” to close their physical workplaces […]

Be Aware: The new SECURE Act May Substantially Impact Your Retirement and Estate Plans

If you have an IRA or 401(k) account as part of your retirement and estate planning, you should be aware of important new legislation that has changed a number of long-standing rules concerning contributions, required minimum distributions, and estate planning for the inheritance of such accounts upon your death. Some of these changes include: No […]

Opportunity Zone Project Underway for BayCoast Bank

We are very pleased to have been able to represent BayCoast Bank in the acquisition of the Standard Times Building on Rt. 18 and Elm Street in New Bedford through an Opportunity Zone entity. Through this strategic Opportunity Zone acquisition, BayCoast Bank has made a significant investment in New Bedford that is expected to expand […]

Opportunity Zones & Qualified Opportunity Funds: An Emerging Economic Development and Investment Tool Worth Considering

The Opportunity Zone program is an important new community economic development and investment tool created in late 2017 by the federal Tax Cuts and Jobs Act.  This program is designed to incentivize long-term private investments in economically distressed communities (including a number of areas in the SouthCoast) through a highly tax-advantaged investment vehicle called a […]

Digital Assets and Estate Planning

Good Morning, Digital assets have become a ubiquitous part of nearly all of our daily lives and yet Massachusetts remains one of the only states in the nation that has not yet passed laws to uniformly address how these important assets can be accessed in the event of the account-holder’s incapacity or death. While legislation […]

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