Parents in Massachusetts and elsewhere who have recently welcomed a child into the family may feel it essential to take all possible measures to protect his or her future. With a variety of topics to address and a list of new responsibilities to handle, knowing the...
Estate Planning
Estate planning is crucial at every stage of life
Thinking about the future is not always easy. Most younger and healthy adults don't give a lot of thought to what will happen if they pass away unexpectedly, but in reality, estate planning is important at every stage of life. From young college students to older...
Check your estate plan for these 3 common mistakes
It can be uncomfortable to think about death. Still, whether you have considerable assets or just a few, you likely want to have some control over what happens to your wealth. You also want to be sure that your family members, friends and health care professionals...
Where should an adult start with the estate planning process?
One of the main reasons that Massachusetts adults delay starting the estate planning process is because they assume they are too young or healthy enough to where this process is not necessary. However, estate planning is beneficial for every adult, regardless of...
Estate planning in the age of COVID-19
Spring is in the air, which typically brings plans for summer vacation and travel. This year, with the advent of COVID-19, people in Massachusetts may be considering travel closer to home. They may also be thinking of making sure their affairs are in order before...
Estate planning information should be shared to be effective
Some families are very close-knit and communicate regularly on issues both great and small. Other families may be less communicative and keep important information to themselves. There is one area in which open communication can greatly benefit families in...
Estate planning can be a stress reducer
The baby boomer generation is aging, nearing retirement or already there. While many may have already done estate planning, many in Massachusetts have not. Many of their children are stuck in what has been referred to as the "sandwich generation," having young...
Less-common benefits of a special needs trust
As a parent, you want to provide for your children. Of course, if your child has special needs, you likely face some challenges that other parents easily avoid. To be certain that your child has the financial support he or she needs to have a happy and...
Many options exist to reach estate planning goals
Retirement planning and estate planning have both gone through changes in recent years in how people plan for them in Massachusetts. The two often go hand in hand when integrating retirement planning into estate planning where financial issues are concerned. One...
Minmizing the federal estate tax in estate planning
There are likely a number of things a person should do before they pass from the life. Estate planning is one of those things, and Massachusetts residents who have a number of assets might find planning easier if they know a few things about the federal estate tax or...
