Massachusetts Limited liability companies (LLCs) offer a number of tax and liability advantages to their owners. At the same time, members sometimes wonder how they should pay themselves from their LLCs without jeopardizing the financial health of their companies or flouting legal norms.
Using a profit distribution
Seder & Chandler, LLP is pleased to announce that associate Janelle A. Tanenbaum has been accepted into Class II of the New England Fellows Institute of the American College of Trust and Estate Counsel (ACTEC). Tanenbaum was nominated by the Chair of Seder’s Trusts and Estates Practice Group and ACTEC...
It’s tough to lose a loved one, but despite the grief, some tasks must be handled to deal with the estate. One potentially complex area is the transition of the decedent’s bank accounts to his or her beneficiaries. Seder Law’s Estates & Trusts practice aims to simplify the process by helping...
Many entrepreneurs dream of watching their children take up the family business and continue their legacies. These generational transitions are never easy, however. They come with not only emotional but plenty of legal challenges as well. Seder Law has Estates & Trusts attorneys who work hard to make the handover...
Tracy Craig, Chair of our Trusts and Estates Practice Group, recently contributed an informative article to Kiplinger, discussing crucial changes in estate tax laws. This article is a valuable resource for those seeking to understand the impact of these changes on retirement and estate planning.
Your informed planning is...
Business owners are familiar with the benefits of forming limited liability companies (LLCs), such as pass-through taxation and shielding owners from personal liability. But LLCs can be used as part of an estate planning strategy as well....
Timing is everything, even when it comes to divorce. Deciding when to file will affect your finances, the well-being of your children, and your ability to move on to the next phase of your life. Regardless, it’s important to consult with an experienced Family Law & Probate attorney to protect...
Buying an old business can bring exciting opportunities for the company or individual who is making the purchase. However, anyone who has been in business long enough can appreciate how complicated these deals can be. There is a great deal of negotiating and due diligence to conduct with respect to the target...
Tracy Craig, Chair of our Trusts and Estates Practice Group, has been recently quoted in a Realtor.com article discussing the complexities of generational wealth and appropriate trusts.
A revocable trust is also known as a revocable living trust and can be changed or updated when needed.
WORCESTER, MA, November 2, 2023 – Seder & Chandler is pleased to announce that the firm has been recognized for legal excellence across 14 specialty practice areas in the 2024 edition of “Best Law Firms," ranked by Best Lawyers®.
The firm was ranked...
