After writing a will, it is critical to store it in a place that is easily accessible to all relevant parties. A copy should remain at home, and the person's attorney should also retain a copy. It feels frustrating when a parent goes through all the...
Month: February 2019
Stress over setting up an estate plan
On behalf of Curley Law Firm LLP | Feb 24, 2019 | Estate Planning
Estate planning can offer a number of benefits, many of which have been discussed on this blog. For some people, however, creating an estate plan can also result in stress. For example, some people may be unfamiliar with the steps that will need to be taken when...
2 key methods of reducing estate tax
On behalf of Curley Law Firm LLP | Feb 19, 2019 | Trusts
When you work on your Massachusetts estate plan, you may do so with the intention of leaving as much of what you have behind for your family or loved ones as possible, but estate taxes can throw a wrench in the works. Depending on where, exactly, you live, estate...
Differences between heirs and beneficiaries
On behalf of Curley Law Firm LLP | Feb 15, 2019 | Wills
In Massachusetts state law, there is a distinct difference between heirs and beneficiaries. Though both are involved with the property left behind by a loved one after their passing, the way they are treated by the law isn't the same.Cambridge...
Will I inherit my parents’ debts?
On behalf of Curley Law Firm LLP | Feb 6, 2019 | Estate Planning
If your parents have a lot of debt, you have probably wondered if you will inherit this in Massachusetts. The complicated answer is that it all depends. There are a lot of procedures and laws behind how creditors make their claims and what the government allows them...
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