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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...
Global perspective: reflections on end-of-life matters
We're all different, yet all the same. Likely you've heard some closely paraphrased version of that thought. Seemingly, it applies to just about everything in life and cuts across national boundaries to embrace the mindsets and aspirations of people all across the...
Cleaning your financial house for future generations
There is a sizable checklist of "things to do" for many estate planners that ranges widely from will/trust execution and heir/beneficiary designations to inheritances and health care-related instructions. In almost all cases, say multiple commentators in a recent...
When a guardian or conservator is needed
Aging is an important part of life, and we all have to be prepared for it. If you have parents or another loved one who are becoming frail you may be worried about their care and well-being in the near future. There are many ways that you can be sure they will be well...
Probate often cited in estate planning: What exactly is it?
Some Massachusetts estates need to be probated, and others don't. What accounts for the difference? That query actually drives this fundamental question: What is probate? Probate administration in Massachusetts and other states is a process that focuses on a number of...
Here’s a family-centric New Year’s resolution
A commentator in a recent article addressing estate administration makes an interesting point regarding planning. On the one hand, she notes, few of us would simply embark on a vacation trip without giving some advance thought to our schedule, itinerary, booking...
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