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Estate planning importance for blended families
An estate plan has the potential to leave a legacy or to leave a legendary fight. When done correctly, the assets of one person will transition seamlessly to loved ones, next of kin and younger generations. When done haphazardly, it can spawn fights and rekindle old...
Would there ever be a reason to create more than one trust?
Individuals and families in Massachusetts and nationally that are thoughtfully focused upon estate planning often have numerous questions regarding trusts. Those queries run a wide gamut, and that is understandable. There are many types of trusts, with the instrument...
How a special needs child and divorce implicates estate planning
An article written by a financial planner specializing in divorce stresses these two key points regarding dissolutions involving special needs children: Such divorces "are significantly more complex to negotiate" than most others; and Many divorce attorneys...
Your estate plan needs to address your Massachusetts business
Our above headline leading off today's post certainly doesn't apply to all -- or even most - Massachusetts estate planners. Indeed, the majority of individuals in the Bay State and nationally work for businesses they themselves do not own. Having said that, though,...
What is centrally involved with being a Massachusetts conservator?
Would-be conservators and people just generally interested in the role played by such persons might assume that it features quite a bit of detail and complexity. Actual conservators in Massachusetts don't simply suspect that. Rather, they know it to be true from...
Tips for making estate planning easier
Estate planning can be a sticky business. Who wants to contemplate their death and consider who gets what? That’s probably why only around 45 percent of adults have a will. Unfortunately, putting your head in the sand won’t be helpful to your loved ones. Questions...
Should the New Year trigger new thoughts re your estate planning?
Out with the old, in with the new. That adage certainly applies in January and the early months of any new year for legions of Americans focused on revising and updating select elements of their lives. For some, the focus might be on nothing more than a renewed...
Do I need an estate to start estate planning?
While you may not have the sprawling kind of estate with acres of lawn, dozens of grazing horses and multiple tennis courts, you do actually have an estate. Your estate is comprised of the things you own: your home and vehicles, retirement accounts, bank and...
Just how many heirs are looking at that art hanging on the wall?
In chronicling the inventory of a comparatively high-asset life for its eventual transfer to heirs via your projected estate plan, you've perhaps accounted for that coin collection that your youngest child was always fascinated with. Ditto the fine china and...
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