Amherst Estate Planning Client Seeks to Avoid Two Costly Estate Planning Mistakes

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Assuming life insurance proceeds are excluded from her estate.  Many clients believe that insurance proceeds are tax-free.  That is correct as far as income taxes are concerned, but not fo…

CARES Act Passes to Support Economy During COVID-19 Pandemic

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On March 27, 2020, President Donald Trump signed the Coronavirus Aid, Relief and Economic Security Act (CARES Act) into law, which is aimed at providing significant tax and non-tax stimulus to…

Goodwill and Non-Compete Agreement in Business Sales

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The treatment of money allocated to goodwill and non-compete agreement in business sales concerned a Nashua area small business owner. The business owner had been working with a business intermedia…

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