CLIENT ALERTS
Client Alert: Massachusetts Raises Estate Tax Threshold to $2,000,000
October 13, 2023
On October 4, 2023, Gov. Maura Healey signed House Bill 4104, “an Act to improve […]
Associate
Katelyn Versiackas is an attorney in Prince Lobel’s Estate Planning, Probate Disputes, and Fiduciary Services Practice Group. Her practice focuses on sophisticated estate planning, fiduciary representation, trust and estate administration, and transfer tax planning for individuals, families, fiduciaries, and closely held business owners.
Katelyn advises clients on the development and implementation of estate plans designed to preserve and transfer wealth efficiently, minimize estate, gift, and generation-skipping transfer taxes, and achieve personal, family, and charitable objectives. She designs and implements a broad range of estate planning strategies, utilizing revocable and irrevocable trusts, wealth transfer and asset protection structures, charitable planning techniques, and planning for multigenerational wealth preservation. Her experience includes sophisticated planning for business owners, beneficiaries with disabilities, blended families, and clients seeking to address complex tax, succession, and fiduciary considerations, as well as the preparation of wills and incapacity planning documents.
A significant portion of Katelyn’s practice is devoted to representing fiduciaries throughout the estate and trust administration process. She advises executors, trustees, beneficiaries, and family members regarding their rights, duties, and obligations under Massachusetts law and assists them in navigating the legal, tax, and practical challenges that arise during administration. Her experience includes the probate of estates, trust settlement matters, preparation of fiduciary accountings, asset collection and distribution, and coordination of estate and trust tax compliance.
Katelyn regularly counsels clients on federal and Massachusetts estate, gift, and fiduciary income tax matters. She works closely with fiduciaries and their tax advisors to identify and implement tax-efficient strategies during lifetime and at death, helping clients preserve family wealth while fulfilling their fiduciary responsibilities.
In addition, Katelyn advises closely held business owners on succession planning and the integration of business succession objectives with broader estate and tax planning goals.
Katelyn is admitted to practice in Massachusetts. She earned her B.A. from Fordham University and received her J.D. from New England Law | Boston. Katelyn is a member of the Boston Estate Planning Council where she serves on the committee for member involvement, the Boston Bar Association, and the National Academy of Elder Law Attorneys (NAELA). She regularly serves as a panelist for Massachusetts Continuing Legal Education programs.