A limited power of attorney can be used for a number of different situations in which you are unable to be present or take action for an event. There are a couple of different examples when a limited power of attorney in Massachusetts could be useful. The first of these is if you become physically… Read More »
Posts By Author: Tiffany O'ConnellPage 18
One of the Most Important Decisions You Can Make Is in Choosing a Guardian
Selecting a guardian for your loved one is one of most crucial aspects of estate planning for any parent. Leaving this up to the courts can add unnecessary stress and expenses to one of the most troubling times in your child’s life. In legal terms, this person is referred to as a guardian. It can… Read More »
Is It Time to Have an Estate Planning Talk with Your Parents?
More adult children than ever are dealing with the consequences of watching an older loved one struggle with cognitive issues. As a millennial, it’s easy to overlook the estate planning process as being something that’s top of mind for you but the pandemic has highlighted for many the importance of having proper estate planning documents… Read More »
What Information Do I Need to Create a Living Trust?
A living trust, also known as a revocable living trust, is an entity that is created to manage ownership of your assets. The person who creates this trust initially is known as the grantor and in many cases, will also serve as the trustee or the person who manages the assets inside the trust itself…. Read More »
What Does it Mean to Fund a Trust?
If you’re reading this article, it’s because you already know that a trust can be a great tool for accomplishing the transfer of assets and supporting your estate plan. But setting up the trust in and of itself is only the first step- your trust can only execute your goals if it’s properly funded. A… Read More »
What Professionals Do I Need to Meet with In Creating My Estate Plan?
Tax and financial matters in planning your estate can become increasingly complex especially as you get older or accumulate more wealth. Certain professionals will offer the expertise, skills and support to help you create estate plans and it goes beyond having a relationship with an estate planning attorney. Some of the professionals that you’ll need… Read More »
What You Need to Know About Retiring in Massachusetts
Where you decide to retire has an impact on your ability to receive affordable long term care support, the taxes you’ll pay and your overall lifestyle in retirement. That’s why it’s important to weigh the different states you are considering moving to or making your permanent residence carefully. Massachusetts is one such state that frequently… Read More »
Have You Discussed Incapacity Documents with Your Family This Holiday?
Holidays look different in 2020, meaning that many people are taking this opportunity to keep their loved ones updated virtually. It can be difficult to have conversations around estate planning regardless but it might be easier to broach these topics virtually, specifically when it comes to documents around potential incapacity. Estate planning incorporates a broad… Read More »
These Are Some Of My Favorite Things….
I was late this year in putting up our holiday decorations. It wasn’t because I was too busy or was away, I just wasn’t in the mood. Without the usual festivities and being with family, it wasn’t on the top of my list. In fact, it wasn’t on my list to do – I was… Read More »
O’Connell Law LLC Named a 2020 Law Firm 500 Honoree
For Fastest Growing Law Firms in the U.S. Over the past 10-years, our team at O’Connell Law, has been dedicated to providing excellence in customer service resulting in many happy clients. In doing so, our commitment and focus has taken us on a fabulous journey of growth – both personally and for our business. We… Read More »