Massachusetts is one of the most popular states in the U.S. for higher education. There are many schools and universities that attract people from inside and outside the state. With that, there will be various considerations that these students should think about for...
Estate Planning
Planning for Retirement, Social Security and Medicare
When families are gathered around the living room spending time with an elderly loved one, the topic of estate planning may sometimes arise. However, it is most often discussed involving the distribution of assets and family heirlooms. Many families fail to consider...
Four differing types of power of attorney
There are sometimes circumstances that arise in life during which people is, unfortunately, unable to make important decisions for themselves. It is during these times that a document called a "power of attorney" could come into play. This document allows a designated...
Strategies for avoiding probate
In Massachusetts, the term "probate" refers to the process of transferring property after a person has died. This legal process is overseen by a Family and Probate Court, and generally must be completed within three years of the death. However, not all types of...
How can I plan for the possibility of disability?
While wills are oriented around preparing for what will happen after you pass away, other elements of estate planning can go into effect during your lifetime. A good estate plan takes into account the possibility you may become disabled due to illness or injury.This,...
Handwritten wills shake up estate of Aretha Franklin
Massachusetts law requires a will to follow strict rules of formality. One of the most essential requirements is that it be signed in the presence of witnesses. The witnesses can attest to the fact the signature was valid and that the person creating the will appeared...
Consider your business during the estate planning process
So much goes into the creation and development of a business. In a way, it is much like raising a child, as it takes similar input, thought, dedication, and sacrifice. So that's why it's not much of a stretch to think about your business during the estate planning...
Estate plan for the future of your family, your business
Planning for the future can sometimes feel overwhelming. However, for anyone who has thought ahead, they know that they can reap the benefits later on. When it comes to the health and wellbeing of your family and of your business, there is nothing that you wouldn't do...
Proper estate plan can successfully plan for business
Planning for the future is something that many think about upon the turn of the New Year. Whatever your goals are for the New Year, and the future in general, an estate plan should be one of them. Estate planning can accomplish many goals that you may not necessarily...
Surviving spouses: revisit estate plan for your new normal
After a spouse's death, there is usually much attention paid to their estate and distributing their assets accordingly. However, when an individual loses a spouse, one needs to assess their financial needs moving forward, as there likely will be many changes. While a...