When you start the process of organizing the plan for your future and how you will distribute your estate to your surviving family members, your first concern may not be telling your family the details of what you are doing. However, your willingness to be open about...
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Wills
Does Massachusetts allow oral wills?
If you want to create a will, it is essential to make sure you follow the rules of your state. Massachusetts law has several requirements that you must follow to ensure your will is valid. In the vast majority of cases, you must write and sign your will and get...
Ademption explained
There are a number of complexities that can be inherent with the estate planning process. One would think, however, that remembering exactly what properties and assets comprise one's estate in Wakefield might not be one of them. Yet people often draft their wills...
What kind of problems might I run into when choosing an executor?
When it comes to finalizing your affairs in Massachusetts, choosing a good executor may not be as easy as you think. Forbes describes your executor as the fiduciary responsible for managing your estate at the time of your passing. Being an executor is no easy task, so...
What to do if you cannot find a parent’s will
After writing a will, it is critical to store it in a place that is easily accessible to all relevant parties. A copy should remain at home, and the person's attorney should also retain a copy. It feels frustrating when a parent goes through all the...
Differences between heirs and beneficiaries
In Massachusetts state law, there is a distinct difference between heirs and beneficiaries. Though both are involved with the property left behind by a loved one after their passing, the way they are treated by the law isn't the same.Cambridge...
Execution of a Massachusetts will
Preparing for the future is an important part of the life of Massachusetts residents, no matter how old. People work hard to amass wealth and property throughout their lives, and want that property disbursed properly after they die. Because death is often unexpected,...
Information you should not include in your will
If you are ready to begin your estate plan, you may be thinking about who to name as beneficiaries in your will, and how you can divide assets fairly. However, not everything goes in a will. At , our legal team assists people in identifying...
Setting up a joint will
Estate planning brings up a number of considerations, such as deciding which beneficiaries will receive certain assets. Moreover, some people may have difficulty determining which type of estate plan is best and we have written about some of their options on our blog....
What is intestate succession in Massachusetts?
The underlying questions demonstrating the need for estate planning is "What happens if I die without a will?" You may think that if you leave nothing behind stating how you want your assets to be dispersed, your family and friends in Wakefield may be allowed to make...