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People who are thinking about getting the documents together for their estate plans no doubt want to make sure what they have in place won't create bad feelings between family members. There is estate planning help for Massachusetts residents looking to keep peace in...
Those who want to minimize taxes on their estate plans should consider lifetime gifting. The time has never been better for Massachusetts residents to do so in their estate planning since the lifetime exemption for estates and gifts is at an all-time high...
There may come a time when adult children have to make the decision that their elderly parent needs extra care. Giving elderly people with Alzheimer's or other dementia-related illnesses in Massachusetts the care they need may include becoming a guardian for a parent....
Some people who age will need to move into a nursing home for care. Not everyone has the financial backing for this, so many of them will rely on Medicaid and other programs to help them cover the cost of long-term care.One thing that some individuals might not...
People thinking about writing a will or any other estate documents will want to make sure everything is in order for their heirs. Estate planning in Massachusetts should be comprehensive. In other words, an estate plan needs to ensure they have all the...
Estate plans are most efficient when they contain all the necessary documents pertaining to a person's particular situation. Some Massachusetts residents might find that including trusts in a comprehensive estate plan could be worth their while. The first order of...
Sometimes, people need assistance making decisions or managing their property because they are incapable of doing so under the law. In Massachusetts, guardianships and conservatorships allow for personal representatives to be named for these people. What is the...
One major concern of adult children of elderly parents is that their parents' assets will all be drained in order to pay for the care and medical treatment they may later need. That's a legitimate concern for sure.But the good news is that there is a way to both...
It is always wise to be prepared for things that might not happen. When Massachusetts residents begin doing some estate planning, experts say they should also consider putting into place a financial emergency kit for their families, just in case. Those types of...
The quote by Benjamin Franklin, "Don't put off until tomorrow what you can do today," can apply to so many areas of your life. There are numerous things you know you should probably do but feel there is no urgency to do them. Estate planning is one of those things...
