Caring for a loved one with Alzheimer’s disease can be emotionally, physically, and financially challenging. For caregivers in Massachusetts, a wide range of resources are available to provide support, education, respite, and financial assistance. Knowing the available options can help ease the burden of caregiving and ensure that both the patient and caregiver receive the… Read More »
Monthly Archives: April 2025
Navigating Cash-Poor Estates in Massachusetts- Options When Recipients Are Reluctant to Sell Assets
In Massachusetts, if an estate is “cash poor”—meaning it lacks liquid assets such as cash or easily sold investments to cover expenses like debts, taxes, or specific bequests—it can create challenges during the estate administration process. This situation becomes even more complex when an heir or beneficiary is assigned a specific, non-liquid asset (such as… Read More »
How Does Probate Work In Massachusetts?
The probate process in Massachusetts is a court-supervised procedure for transferring a deceased individual’s assets to their heirs or beneficiaries and settling any remaining debts. While probate is a necessary legal process, it can be time-consuming, costly, and often becomes a public matter. However, there are ways to structure an estate to minimize or altogether… Read More »
Choosing the Right Charitable Trust
Charitable trusts are a valuable estate planning tool in Massachusetts, allowing individuals to support charitable causes while potentially receiving tax benefits and preserving family wealth. Several charitable trusts are available in Massachusetts, each with unique structures and advantages. Choosing the right type depends on the donor’s goals, the desired level of control, and the beneficiaries… Read More »