Qualified Charitable Distribution from Your IRA May Save You Taxes, Reduce Your Medicare Payment and Leave a Legacy to Your Favorite Charity
A little-known tax-free distribution from a traditional IRA allows persons 70 ½ and older to give up to $100,000 from their Individual Retirement Account (IRA) to charity each year. The distribution counts toward your required minimum distribution (RMD) for the year and is excluded from your adjusted gross income. By reducing your adjusted gross income,…
Estate Executors and Beneficiaries Can Be Held Personally Liable for Unpaid Taxes
A personal representative cannot be held liable for an estate’s debts, including debts for unpaid taxes, if the estate does not have enough assets to satisfy all claims. This is because the personal representative’s role in closing an estate is purely administrative. For estates with tax debts, however, personal representatives need to tread carefully. Special…
The Enforceability of an Offer to Purchase
Is an Offer to Purchase Real Estate a Binding Contract? The home buying experience often includes an Offer to Purchase. It tends to be a fill-in-the-blank form, available to purchase, completed by the buyer, often with the assistance of a real estate agent. The Offer to Purchase should identify the subject real estate, seller, buying…
Easement Relocation
How to Relocate an Easement Generally, an easement is a right to use, but not to exclusively possess, the real property of another. The land that is benefitted by an easement is referred to as the dominant estate, while the land that is burdened by an easement is referred to as the servient estate. Easements…
Fletcher Tilton Presented with Certificate of Outstanding Support
On January 10, 2022, Fletcher Tilton was presented with a certificate for outstanding support of the Marine Corps Toys for Tots Program by the Worcester Detachment of the Marine Corps League. Pictured l-r: Paralegal Renee Tierney and Atty. Mark Donahue. Toys for Tots helps bring the joys of the holidays to less-fortunate children. To learn…
Michael Brangwynne Elected Officer of the Firm
In recognition of his accomplishments, expertise, commitment and community involvement,Fletcher Tilton is proud to announce that Michael Brangwynne has been elected Officer of the firm. Mr. Brangwynne works primarily in the firm’s Boston office. His practice is focused on complex commercial and tort litigation. Mr. Brangwynne regularly represents businesses and individuals in disputes arising in…
Purchase and Sale of Real Estate – Part One
This is the eighth article in a series on the circumstances that can give rise to a civil lawsuit. Earlier articles in the series can be found on our website in the Litigation Articles. An Introduction to Causes of Action Introduction Agreements for the purchase and sale of real estate are governed by the same…
Unfair and Deceptive Business Practices – Business-to-Business Claims
This is the seventh article in a series on the circumstances that can give rise to a civil lawsuit. Earlier articles in the series can be found on our website under Litigation Articles. An Introduction to Causes of Action A Quick Review of Chapter 93A In the most recent installment of this series, we discussed…
Inside the Law – Winter 2022
See what’s new Inside the Law, from your friends at Fletcher Tilton PC. Click here to read the Winter 2022 edition