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September 2019 Archives

Ademption of a will in Massachusetts

Abatement of a will in Massachusetts is the process of reducing the dollar amount of certain gifts so that the estate can cover the promises it makes. This is somewhat common due to the fact that fortunes fluctuate. The original terms of a will may not apply to the real-world situation of settling the estate.

When is the best time to make estate plans?

Estate planning may sound like something only relevant to those who are in their later years of life or who have accumulated a lot of wealth. If you feel that neither applies to you yet, you may find yourself putting off estate planning until it seems more appropriate.

Do you really need a will?

Like many Massachusetts residents, you may have a happy, unfussy life. It may include a spouse, children and possibly grandchildren in a simple familial situation. You may have uncomplicated financial assets and a home or even two. As a result of this straightforward situation, you may be wondering whether you need to have a will or whether your property can just pass to your surviving relatives. 

Revoking a will in Massachusetts

Estate planning experts recommend that Wakefield residents create a will and other important estate instruments early on in their adult lives. Yet having said this, it is also recognized that much can change over the course of one's life, and that their desires and wishes when they die may not be the same as those they held when they first created their wills. If you or a loved one are concerned about making changes to already-documented estate plans (and how those changes should be properly communicated to those who are party to the estate), not to worry; many have come to us here at the Curley Law Firm LLP with the same questions.