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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 […]

Using Your Personal Car For Work: Insure The Business Use Exclusion To Sleep Nights

We would like to bring to your attention an important automobile insurance issue.  If you use your personal vehicle for business purposes, you may not have full liability coverage if you cause an accident. If you use your car or truck to drive a client to lunch, drive with a co-worker to meetings, run a few […]

Nursing Home Expense and Irrecovable Trusts

Many people have transferred their homes into irrevocable trusts as a way of making themselves eligible for state assistance if they go into a nursing home. Most know that this has to be done five years before they enter the nursing home. What they may not know, but should, is that MassHealth has been declining […]

Vaccine Injuries

As we enter the height of the flu season here in southern New England, many of us have either received or plan to receive our flu vaccinations. While injuries arising from these vaccinations are infrequent, in certain circumstances they can cause very serious injuries, including allergic reactions, brachial neuritis, encephalopathy, Guillain-Barre Syndrome, and serious injection-related […]

Changes in Massachusetts’ Minimum Wage and the “Blue Law”

Changes in Massachusetts’ minimum wage and the “blue law” affecting premium pay for certain employees working on Sundays will go into effect on January 1, 2019. The minimum wage will go from $11 to $12 an hour, a result of a law passed last summer. The rate will go up 75 cents an hour every […]

Marijuana in the Workplace

While medical marijuana has been available to Massachusetts patients for some time, the Commonwealth has recently joined a growing number of states in decriminalizing marijuana sales and use under state law. See Mass. Gen. Laws Ch.94G §7. The exact words of the statute are informative: “(a) Notwithstanding any other general or special law to the contrary, except […]

Massachusetts Gun Licensing Law Upheld

On November 2, the Massachusetts Gun Licensing law, Mass. Gen. Laws Ch. 140, § 131, as applied in Boston and Brookline was upheld by the Federal First Circuit Court of Appeals in the case of Gould, et al. v. Morgan, et al. The firearm laws in those towns (like New Bedford) required applicants to show […]

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