Something does not seem right with your father’s trust, or more like the trustee. Beneficiary distributions have been late or missed. Tax due notifications have arrived, and the trustee is now driving a luxury car. A trustee has specific duties when managing a trust....
Helping People Age With Dignity And Peace Of Mind
Year: 2021
When do individuals need to update their estate plans?
Completing your estate plan is an important and commendable step in ensuring financial security for your family in the future. But it is not the last step. In fact, without regular check-ins and updates, your plan can become out-of-date and unable to do the things you...
Trusts: a powerful estate planning tool
Your life savings and estate won’t be useful to you after your death, but they will be to your family. You can ensure a comfortable and secure life for your loved ones by setting up a trust that will distribute your estate among them when you are gone. With a trust,...
Estate planning is not one-size-fits-all
Some products and services are the same for everyone. But most of the time, you get the best value when you can customize what you are buying for your individual tastes, needs and goals. Just like you would not buy a pair of one-size-fits-all jeans, a generic estate...
The elder law issues that require attention and guidance
Elder law encompasses a wide range of areas. Any one of them such as long-term care, guardianship and estate planning may likely surface in your life as well as the lives of loved ones. And whenever these issues do, they must be addressed by you, your family and a...
Don’t believe these myths about MassHealth and long-term care planning
Since few people in Massachusetts could afford the cost of living in a long-term care facility such as a nursing home on their own, long-term care planning is necessary. This is a plan for qualifying for financial assistance from MassHealth, the state's version of...