Berkshire Money Management Team Completes Institute for Preparing Heirs Program

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DALTON, Mass. — Berkshire Money Management advisors Scott Little, Peter Coughlin, Lauren Russo, and Nate Tomkiewicz all recently completed an exclusive program offered by the Institute for Preparing Heirs on the topic of "The Great Wealth Transfer: Preparing HNW Families to Prosper & Thrive Across Generations."
"One of the single biggest challenges facing successful families today is ensuring that the inheriting generation—the children and grandchildren—maintain control of the family assets and unity after wealth transfer," Russo said.
The Institute for Preparing Heirs program addresses the changing needs and expectations of successful families and addresses how family dynamics play a far greater role in successful wealth transfer than previously understood; The important role of women as the family's financial leader, the practical tools families can use to prepare beneficiaries for the opportunities and responsibilities of wealth, as well as the benefits of family meetings.
"Comprehensive wealth planning encompasses more than excellent investment, tax and estate planning; it's also important to ensure that your beneficiaries are prepared to receive and manage family assets in a manner to foster their development and lifetime goals," said Coughlin.
According to a press release, Little, Coughlin, Russo and Tomkiewicz all understand the importance of being well-versed in how a family successfully navigates through generational wealth transfer (including assets over time or estate transitions), especially against the backdrop of an ongoing and devastating pandemic. Their endeavors are indicative of BMM's commitment to continuing professional development and education so that we may continuously better serve our clients and community.
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Pittsfield Board Grants Special Permit for Carr Hardware Window Art

By Brittany PolitoiBerkshires Staff

PITTSFIELD, Mass. — The Community Development Board OK'd Carr Hardware's window graphics within the Downtown Creative District.

The panel approved a special permit last week that allows the modification of a pre-existing, non-confirming storefront display to accommodate the store's previously installed artwork.

This gives Carr's graphic window wraps a pass for transparency and coverage requirements in the Downtown Creative District that was ordained by the City Council in April.

The decals are over the building's front "windows" that previously allowed spectators to see into display cases rather than the sales floor. Carr Hardware paid fees to an art website for the images that include various vintage hardware supplies.

Because the graphics are opaque and cover the entirety of the windows, they were subject to a special permit to be in the Downtown Creative District, which requires window transparency of at least 50 percent and a restriction of no more than 60 percent window coverage.

The special permit was approved with one modification suggested by board member Libby Herland that makes the ruling applicable for the life of this display. She thinks that in the future when it is time to upgrade or replace the graphics the store can create an attractive facade while meeting the transparency requirement.

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