Guardianship is ideal for many people, such as minor children who are in need of an adult to take care of them and people who have become incapacitated due to age or for another reason. However, mental illness is another reason why some people are in need of...
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...
Estate planning can offer a number of benefits, many of which have been discussed on this blog. For some people, however, creating an estate plan can also result in stress. For example, some people may be unfamiliar with the steps that will need to be taken when...
When you work on your Massachusetts estate plan, you may do so with the intention of leaving as much of what you have behind for your family or loved ones as possible, but estate taxes can throw a wrench in the works. Depending on where, exactly, you live, estate...
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...
If your parents have a lot of debt, you have probably wondered if you will inherit this in Massachusetts. The complicated answer is that it all depends. There are a lot of procedures and laws behind how creditors make their claims and what the government allows them...
Massachusetts residents should be aware of abuses taking place under guardianship and conservatorship arrangements. You may think you are unlikely to find yourself in this situation. However, according to Forbes, roughly 1 million to 2 million people in America are...
Many people assume you need to create a will, trust and everything else associated with an estate plan when you are older. However, people in their 20s really need to have an estate plan just in case. There are times in life when it is good to create...
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,...
When a person becomes incapacitated in Massachusetts, he or she may have identified a health care proxy to make medical decisions. However, this agent does not have the authority to make financial decisions and take care of assets. According to the Mental Health Legal...