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...
Helping People Age With Dignity And Peace Of Mind
Month: September 2020
Guardianships and conservatorships, what’s the difference?
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...
Can I help my parents preserve their assets?
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...
Building a financial emergency kit during estate planning
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...
Estate planning, there is no time like the present
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...
Can I modify a trust after it has been created?
When going through the estate planning process, the hope is to set something up that will not only offer the protections one desires but will also stand the test of time. For many Massachusetts residents, setting up a trust is the way to meet these goals. However,...