THE EVERETT ADVOCATE – FRiDAy, NOVEmbER 13, 2026 Page 19 REAL ESTATE TRANSAC TIONS Copyrighted material previously published in Banker & Tradesman/The Commercial Record, a weekly trade newspaper. It is reprinted with permission from the publisher, The Warren Group. For a searchable database of real estate transactions and property information visit: www.thewarrengroup.com. BUYER1 Blais, Francis A Gurung, Kum Bahadur BUYER2 Blais, Brooke Sunuwar, Richa SELLER1 Fritz, Sherry Waite, Manus R BEACON | FROM PAGE 18 Powers Of Appointment O ften times, an individual may wish to retain the right to control the ultimate distribution of assets held in a Trust. This is called a power of appointment. Powers of appointment are often included in Trust documents in order to create greater flexibility in a multigenerational estate plan. As an example, a husband may die leaving property in Trust for the benefit of his spouse. The terms of the Trust may provide that, upon the death of the surviving spouse, the remaining Trust principal will be distributed to the couple’s children. The terms of the Trust may also contain a power of appointment provision wherein the surviving spouse has the right to exercise this power of appointment via her Last Will and Testament thereby allowing her to redirect the ultimate distribution to only one child of the couple as opposed to all of their children and/or the right to determine whether or not the Trust principal will be received outright or remain in further Trust. Another example would be if a daughter was named a lifetime income beneficiary of her parent’s living Trust. This Trust might contain a power of appointment provision allowing the daughter to exercise it via her Last Will and Testament. A specific provision must be included in her Will in order to allow her to exercise the power of appointment thereby appointing (distributing) the Trust principal in favor of her ED: It would have eliminated political party primaries for state elections and instead establish a system where there would be a single, all-party primary in which all candidates, regardless of their party affiliation, would be listed on one ballot, and voters could vote for any candidate on the ballot. The two candidates receiving the most votes in the all-party primary would advance to the general election, regardless of their party affiliation. QUESTION 4 WAS APspouse, her children, or even a charity. As part of the estate planning process, it is important to determine whether someone holds any such power of appointment pursuant to the terms of a living trust (revocable or irrevocable) and, if so, to make sure that the power of appointment is exercised via the Last Will and Testament, if that person’s wish is to indeed exercise the power, or to at least confirm with the holder of the power that he or she does not wish to exercise the power. Clients would likely not even be aware that such a power might in fact exist pursuant to the terms of the Trust unless the estate planning attorney reviews that provision with them. A power that may be exercised via one’s Last Will and Testament is referred to as a testamentary power of appointment. The holder of the power is also called the donee of the power or the power holder. The exercise of the power of appointment would occur once the Will is submitted to a probate court and allowed. Joseph D. Cataldo is an estate planning/elder law attorney, Certified Public Accountant, Certified Financial Planner, AICPA Personal Financial Specialist and holds a masters degree in taxation. PROVED: It will permit eligible individuals to register to vote on Election Day. QUESTION 5 WAS REJECTED: It would have limited the amount of revenue the state can collect each year and provide that the excess amount, above that limit, be refunded to taxpayers. QUESTION 6 WAS APPROVED: It will establish a “nature for all fund” that would receive 50% of state taxes collected from the sale and use of sporting goods, recreational vehicles and golf courses for the first year of its operation and 100% in subsequent years. QUESTION 7 WAS REJECTED: It would have allowed single-family homes to be built in a residentially zoned area as long as the land on which it is to be constructed is at least 5,000 square feet and meets other conditions. QUESTION 8 WAS REJECTED: It would have prohibited the retail sale of adult recreational use marijuana. QUESTION 9 WAS APPROVED: It will keep in place a current law which increases the regulation of firearms, including ghost guns, machine guns and assault-style weapons. HOW LONG WAS LAST WEEK’S SESSION? Beacon Hill Roll Call tracks the length of time that the House and Senate were in session each week. Many legislators say that legislative sesOffer Valid on certain models. 4 Window Minimum. Cannot be combined with any other offer. Excludes Labor. Financing offers a no payment - no interest feature (during the “promotional period”) on your purchase at an APR of 17.99%. No fi nance charges will accrue on your account during the promotional period, as set forth in your Truth in Lending Disclosures, and you will not have to pay a monthly payment until the promotional period has ended. 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MD MHIC #124358, VA #2705-109436A, DC #420212000037, DELAWARE #2013601804, PA #104611, MA HIC #197968, NJ #13VH07997100, RI RIGL #44067, KS #9641242, WA UBI No. 605 341 461, POR #249065, WA WINDONL771PW, OR #249065 With Window Nation, you get: • Special discounts you won’t fi nd anywhere else this winter • Best-in-class service – our A+ BBB rating says it all • Energy-effi cient windows that keep the heat inside your home • Decades of worry-free maintenance with a lifetime warranty SELLER2 Roderick, Lorna D ADDRESS 70 Albion St 15 Staples Ave #3-42 Everett Everett sions are only one aspect of the Legislature’s job and that a lot of important work is done outside of the House and Senate chambers. They note that their jobs also involve committee work, research, constituent work and other matters that are important to their districts. Critics say that the Legislature does not meet regularly or long enough to debate and vote in public view on the thousands of pieces of legislation that have been filed. They note that the infrequency and brief length of sessions are misguided and lead to irresponsible late-night sessions and a mad rush to act on dozens of bills in the days immediately preceding the end of an annual session. During the week of Nov. 2-6, the House met for a total of 18 minutes and the Senate met for a total of six hours and five minutes. CITY DATE 10.20.26 10.23.26 PRICE 605000 310000 Mon. Nov. 2 House11:01 a.m. to 11:11 a.m. Senate 11:04 a.m. to 11:15 a.m. Tues. Nov. 3 No House session. No Senate session. Wed. Nov. 4 No House session. No Senate session. Thurs. Nov. 5 House11:00 a.m. to 11:08 a.m. Senate1:14 p.m. to 7:08 p.m. Fri. Nov. 6 No House session. No Senate session. Bob Katzen welcomes feedback at bob@beaconhillrollcall.com Bob founded Beacon Hill Roll Call in 1975 and was inducted into the New England Newspaper and Press Association (NENPA) Hall of Fame in 2019. Copyright © 2026 Beacon Hill Roll Call. All Rights Reserved. Get windows that lower your home utility bills! Offer ends 09/30/26 SCHEDULE YOUR FREE QUOTE TODAY! 855-993-3769
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