Page 16 THE REVERE ADVOCATE – FRIDAY, NOVEMBER 10, 2023 Geo’s breakout: Woodard explodes for four TDs in Revere’s victory NON-MASSACHUSETTS RESIDENT TAXABLE ESTATE T he Massachusetts gross estate for purposes of calcuPATS DEFENSE: Shown from left to right: Standing: Walter Rodriguez, Gabriel Paretsis, Geovani Woodard, Danny Hou, Ahmed Bellemsiel, Rafael Teixeira, Victor Andrade and Abbas Atoui; kneeling: Ethan Romagos, Hakim Malki, Carlos Jimenez, Patrick Keefe, Anthony Pham, Gabriel Da Paixao Neto and Javan Close. (Advocate fi le photo by Tara Vocino) By Dom Nicastro G eovani Woodard has done his fair share of work for the Revere High School football team. With several players going down with injuries early in the season, the junior running back received a boatload of carries out of the backfi eld. Woodard and the Patriots faced many challenges shorthanded and started 0-5. Woodard showed exactly what he’s capable of against Beverly at Hurd Stadium last week, and the Patriots benefi ted in a 42-21 win over the Northeastern Conference Panthers in a consolation round game. Woodward scored four touchdowns and absolutely sliced and diced the Beverly defense. It was almost like the perfect reward for Woodard for grinding it out for Revere those fi rst fi ve games. With most of those injured players back, the Patriots have won three out of four games, two in a row, and improved to 3-6 overall as they host Gloucester in the fi nal consolation round game Thursday night, Nov. 9 at 6 p.m. “First off it felt amazing to have a breakout game like that especially when I’ve been trying my best to perfect my craft during practice and the off season,” Woodard said. “I feel like the work I put in throughout practice and the off season is really paying off. Although there have been some injuries, we have teammates ready to step up and go do their part on the fi eld. Them doing their jobs is what led us to these past two wins. This is a game of 11-on-11 and having players ready to step up helped accomplish that win on Saturday.” Revere scored on its fi rst drive to take a 7-0 lead when Woodard found the end zone from 15 yards out. The Patriots doubled their lead when defensive whiz Ahmed Bellemsieh recovered a fumble from 41 yards out and scored. Woodard then scored from 20 yards out for Revere for a 21-0 lead. His third touchdown of the day gave Revere a 28-7 edge. Danny Hou got into the end zone for the Patriots later for a 77-yard touchdown run, and Woodard finished things off with his fourth touchdown of the day and a fi nal score of 42-21. “It’s hard to say who paved the way; there aren’t any individual players I could call out,” Woodard said. “In my eyes everyone on the offensive line [Ethan Romagos, Nico Aguirre, Bryan Maia, Rafael Teixeira, Carlos Jimenez, Walter Rodriguez] played an outstanding game leading to that victory Saturday morning. I wouldn’t have played such an amazing game without my offensive line leading the way for me.” The Patriots – red-hot – now face a Gloucester team that drew the No. 16 seed in the Division 5 playoff s and lost to No. 1 Hanover, 42-16. The Fishermen are 5-4 and have lost two out of three, falling to Peabody, 28-7, and beating Beverly, 42-21. What has been the key for Revere in the last three victories? “I feel as a whole we started sticking together more towards the second half of the season,” Woodard said. “The chemistry we’ve created is starting to mesh well especially with the coaches and captains being there and pushing us through every given circumstance. We have just been getting better and better throughout the season. My message to my team is to just to give it your all and to play your best Thursday night. If we play how we played against Beverly I’m positive we’ll walk out that game with a three-game win streak.” Senior captain Abbas Atoui said a big diff erence between now and the beginning of the season is how much the team wants it. “We got a huge win against Somerville and ever since, we have kept our foot on the gas getting better and better every week,” Atoui said. “We are more aggressive on defense with everyone fl ying to the ball and carrying out the off ensive schemes perfectly.” What will be the keys to fi nishing up strong in the last two games of the season starting with Gloucester and ending on Thanksgiving Day against Winthrop (at home, 10 a.m.)? “We know Gloucester is a really good team, but so are we, and I believe if we shut down the QB we will have a good game,” Atoui said. “We have a couple players injured including myself so it will be tough but I believe we’ll get the job done. As a captain, I just want us to play as best we can. After this week’s game I want us to lock in on the Thanksgiving game. I want us to leave everything out there on the fi eld Thanksgiving morning and end the season on a good note with no regrets. I believe if we show up and play our best, we will win, and that’s exactly what I’m expecting us to do.” lating a Massachusetts estate tax that might be due for a nonresident decedent is calculated the same way as the gross estate is calculated for a Massachusetts resident. The estate tax liability of a nonresident decedent is simply based on the percentage of real property and tangible personal property located in Massachusetts in relation to the entire estate of the nonresident decedent. This is per Massachusetts General Laws Chapter 65C, Section 4. If you are a Florida resident and have a vacation home, rental property or tangible personal property such as a boat located in Massachusetts with a total value of $1million and your gross estate is $5million, the Massachusetts preliminary estate tax under the new tax law with a now $2million exemption would be $280,800. This is also assuming deductions have been taken on the estate tax return in the amount of $100,000. If you divide $1million by $5million, or $20%, and multiply that fi gure by $280,800, you arrive at a fi nal estate tax due to the Commonwealth of Massachusetts in the amount of $56,160. This is why Massachusetts nonresidents will often transfer Massachusetts real estate into an LLC in order to convert the ownership into personal intangible property and not have the real estate included as part of the calculation of the Massachusetts taxable estate. Even ownership of a boat could be transferred to an LLC. Additionally, the membership interest(s) in the LLC can be transferred into a living trust in order to avoid probate in the event of the member’s death. This is set forth in Estate of Henry L. Nielson v. Commissioner of Revenue, Appellate Tax Board Docket No. F232365 (Mass. App. Tax Bd. February 15, 2001). Keep in mind that if you are a non-Massachusetts resident, live in a state that does have an estate tax, and you do have real estate located in Massachusetts resulting in a Massachusetts estate tax upon the death of the decedent, Massachusetts does not allow for a foreign death tax credit based upon state estate taxes assessed on that Massachusetts real estate by the state that you are residing in. Massachusetts residents should contact their state representative or state senator to push for Massachusetts portability. The federal government provides for portability. This would mean that if a husband dies and leaves his half of the total marital estate of $4,000,000 to his wife, without any complicated trust planning, his wife would have the benefi t of not only her $2million exemption, but that of her husband’s. If she subsequently dies with a $4million estate, no Massachusetts estate tax would be due. With no trust planning, and no portability option available, upon the wife’s subsequent death with a $4million estate, the Massachusetts estate tax will be $180,800. Quite a big diff erence. Joseph D. Cataldo is an Estate Planning/Elder Law Attorney, Certifi ed Public Accountant, Certifi ed Financial Planner, AICPA Personal Financial Specialist and holds a Master’s Degree in Taxation. Like us on Facebook advocate newspaper Facebook.com/Advocate.news.ma
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