Cryptocurrency, a relatively new asset class, has raised unique estate planning questions, particularly regarding what happens to it after death. In Massachusetts, like in most other states, the distribution of cryptocurrency upon death is governed by traditional estate laws, but cryptocurrency’s decentralized and private nature presents additional complexities. Without proper planning, your digital assets could… Read More »
Posts By Author: Tiffany O'Connell
The Pros and Cons of Springing Powers of Attorney in Massachusetts
When planning for future incapacity, individuals in Massachusetts often consider different types of powers of attorney (POA) to manage their affairs. One such option is the springing power of attorney. This legal tool activates only upon a specified event, typically the principal’s incapacitation. While springing POAs can offer tailored protection, they come with their own… Read More »
Integrating Veterans Benefits into Estate Planning in Massachusetts
For veterans in Massachusetts, estate planning takes on an additional layer of complexity as they not only prepare for the distribution of their assets but also leverage the unique benefits provided to them by federal and state programs. Veterans benefits, such as disability compensation, healthcare, educational assistance, and housing benefits, can play a significant role… Read More »
A Brief History of Estate Planning in Massachusetts
Estate planning, the process of organizing and preparing for the management and disposal of a person’s assets after death, has a long history in Massachusetts. Massachusetts, one of the original thirteen colonies, has a rich legal history that has significantly influenced estate planning practices across the United States. Understanding the history of estate planning in… Read More »
Can Wills Be Contested in Massachusetts?
In Massachusetts, the legal process surrounding wills and estates is carefully regulated to ensure the deceased’s wishes are honored. However, there are situations where the validity of a will may be challenged. Understanding the reasons for contesting a will and the legal process involved can be crucial for those involved in estate matters. Grounds for… Read More »
What is Elder Care Law and Is It Different From Elder Law?
As our population ages, legal issues surrounding the care and rights of older adults have become increasingly important. Two terms often encountered in this realm are “Elder Care Law” and “Elder Law.” These terms are closely related and are often times used interchangeably. An Overview Elder Law primarily focuses on the legal issues that arise… Read More »
What Are The Legal Consequences to Disobeying A Healthcare Proxy?
A healthcare proxy allows you to appoint a person to make medical decisions for you if you cannot. This might be due to unconsciousness, mental incapacity, or any other condition that renders you incapable of communicating your medical preferences. Legal Ramifications in Massachusetts Legal Recourse for the Patient Protections for Healthcare Providers Massachusetts law generally… Read More »
How to Disinherit Someone in Massachusetts Legally and Avoid Contests?
Disinheriting someone in Massachusetts can be a sensitive and complex matter. While it is your right to decide how your assets will be distributed after you’ve passed, it’s essential to take the necessary legal steps to ensure your wishes are carried out without the risk of a contested will. This article will guide you through… Read More »
Why Would A College Student Need An Estate Plan?
As college marks a significant step into adulthood, many students overlook an essential aspect of preparedness: estate planning. While typically associated with older adults, creating a basic estate plan can be crucial in protecting oneself and loved ones. Here’s why college students shouldn’t leave home without one: Understanding Estate Planning At 18, individuals become legal… Read More »
Are Wills Public Record in Massachusetts?
In Massachusetts, the privacy of one’s last wishes and estate distribution is a significant concern for many individuals. Understanding whether wills are public record is crucial for anyone planning their estate or navigating the aftermath of a loved one’s passing. In Massachusetts, wills generally become public records after they are filed with the probate court… Read More »