There are many things people can do to effectively manage their money. Some Massachusetts residents may be wondering how trusts can be beneficial to them in the estate planning process. Those looking to have better control over their financial portfolios -- which can...
Helping People Age With Dignity And Peace Of Mind
Year: 2020
DIY wills can lead to complications in the future
Estate planning is prudent and practical for every Massachusetts adult, and some may look for ways to save time and money during this process. One way someone may try to do this is by drafting these documents independently and without relying on the guidance of legal...
Estate planning in the digital age
The 21st century has opened a new can of worms regarding estate plans. Now on the estate planning menu for many Massachusetts residents are digital assets. Many things have been digitized and not everything everyone owns is in a hard copy format. Anything online that...
The kind of trust you should establish depends on your goals
Chances are you have been busy either with your corporate responsibilities or in building a successful family business and you continue to accumulate assets.Perhaps you are not far from retirement and want to take a serious look at estate planning. Trusts are among...
Estate planning tools for different life stages
Massachusetts adults can benefit from making plans and looking to the future, regardless of age or income status. Estate planning is not something reserved only for the old and wealthy, but it is useful for individuals of all life stages. Having a plan in place will...
Estate planning documents include more than just a will
There is one thing people can do before they pass on to make things easier on their loved ones. No Massachusetts resident likes to think about his or her own demise, but taking some time out to work on estate planning documents may provide some comfort in knowing...
Trusts can be an important estate planning tool
When a person passes away, loved ones left behind will look at his or her will and other estate planning documents to determine what to do with assets and personal property. Having a plan is important, but a simple will may not be enough for a Massachusetts adult who...
Without meeting certain requirements, wills may not be valid
When Massachusetts adults consider planning for the future, they may draft certain documents. Through wills and other tools, they can outline what they want to happen to their personal property after they pass, name a guardian for minor children, protect assets for...
The many benefits of estate planning at any stage of life
It's impossible to predict the future, but there are things a Massachusetts adult can do to make sure his or her long-term interests are secure. One of these things is thoughtful and thorough estate planning. Some assume this is not necessary because they are young or...
How will your executor handle the issue of estate taxes?
The executor or personal representative you choose to administer your estate after your death will have many responsibilities.One of those is the payment of the estate taxes under Massachusetts law, but is payment required of every decedent’s estate? Meeting the...