Estate Planning Archives

Is your power of attorney legally enforceable?

Many people in Massachusetts may have taken the wise step of estate planning years or even decades ago, and, as part of their estate plan created a medical power of attorney and financial power of attorney. However, that does not mean that those documents should be left to collect dust. They need to be reviewed periodically, to make sure they are still in line with any changes in law that may have occurred.

What's the difference between revocable and irrevocable trusts?

When people are considering adding a trust to their estate plans, a common question is whether to make it revocable or irrevocable. Both types of trusts have advantages and disadvantages, and a lot depends on individual circumstances.

What needs to go in your will?

If you are just starting the estate planning process, then you probably do not have a lot of experience with the documents and processes that go into creating a fully realized estate plan. That is all right, and it is true of most people, but the first step is getting educated about the basic instruments that go into the process. The most well-known is an individual's will.

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