Most school children studying American History have all heard the famous quote by one of the founding fathers James Otis “Taxation without representation is tyranny”…Well James Otis, I guess that despite the passing of 234 years or so…..the practice still exists. Here in Massachusetts… MGL. c59 section 29 allows for just that.
Let me explain.
Many [...]
New Phenomenon in Real Estate Practice: There is a relatively new phenomenon developing in the law of buying a new home. Well there is and it has to do with lenders and attorneys in an attempt to reduce the fees associated with buying a home…..And this is what it’s about
You see the lenders are bending [...]
Reverse Mortgages: The FHA Modernization Act has made may changes to reverse mortgages (the Home Equity Conversion Mortgage or HECM). One of the more interesting changes is that a senior can now use a HECM to purchase a home. This could be a useful vehicle for senior who are downsizing. Previously, a senior would sell [...]
Estate Planning. The Baby Boomers, born from 1946 to 1964, are now 77 million strong and they compose 23% of the population. They are in the age range of 45 to 63, and 4 million will hit age 60 each year. Estate planning is top-of-mind as they face empty nests, physical aging and end of [...]
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