As a loved one gets older or as you contemplate your own need for estate planning, you want to make sure that people in your family have planned for their own future. This means not only considering what happens to their assets after they pass away, but who will step in and manage their affairs… Read More »
Posts Categorized: Estate Planning
Why Incapacity Planning Is Important, Even If You’re Married
Estate planning often leads people to start the process with thinking about what happens to their assets after they pass away. That is certainly important and will help your loved ones by making it easier for them to handle your estate. However, incapacity is another leading reason why you need to have an estate plan… Read More »
Can You Avoid Unnecessary Probate Costs?
After you pass away, your estate will most likely go through a process known as probate. This estate administration process can be time-consuming, very involved for the executor appointed to handle these matters, and costly. It can also be frustrating for your heirs. The good news is that you can usually avoid probate with some… Read More »
Selecting A Nursing Home for Someone With Alzheimer’s? Here’s What You Need To Know About Falls And Other Injuries
As part of their estate plan, or as part of crisis planning for Medicaid, you may be working with an experienced estate planning attorney to help provide someone in your family with a transition into a nursing home. Choosing a nursing home is a very emotional process, especially if the person being placed in the… Read More »
Planning for Your Digital Legacy
An estate plan often focuses on tangible property such as jewelry, artwork, money, and vehicles. However, in this age of technology, it is important to remember to include your digital assets. Digital assets consist of everything we own online. Because we spend more time on computers and smartphones than we ever did before, you may… Read More »
How Cryptocurrency and NFTs Fit into Your Estate Plan
Five years ago, cryptocurrency was probably not on your radar. Today, it may be an important investment in your portfolio. You could even own some nonfungible tokens (NFTs), which are powered by the same blockchain-based technology. Despite the dizzying fluctuations in the value of these assets, you should ensure that they are included in your… Read More »
What To Know About Caregiver Communication For Someone With Dementia
As we approach the estate planning process for someone who may have been recently diagnosed with dementia, it is extremely important to think about caregiver communication. Estate Planning Documents The appropriate estate planning documents including powers of attorney can appoint authorized individuals to make decisions and speak on your behalf. Many different documents may be… Read More »
Study Shows Gen Z Is Prioritizing Saving for Retirement, Planning Ahead
In the bigger conversation about setting aside savings and estate planning, younger generations are often left out. But the truth is that more younger people are looking into planning for their own future these days. Estate Planning for Young Adults It’s never too early to start thinking about the possibility of retirement, and far too… Read More »
What Doesn’t Belong in a Massachusetts Will?
A will is one of the most important and basic estate planning documents for many people. It makes a lot of sense to create a will if you own any property or are concerned with making sure you have named a party for any minor children to be cared for after you pass away. Myths… Read More »
How to Minimize Stress on Your Family in The Estate Planning Process
Estate planning is not just about you. It’s easy to put this on the backburner and forget about it as an important activity when you’re only thinking about an estate that you believe is relatively small or simple, but the truth is that estate planning is about so much more. It’s about the legacy you… Read More »