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 »
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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 »
What Happens To My Digital Assets in Massachusetts When I Die?
Managing digital assets has become as crucial as handling physical and financial assets in our increasingly digital world. These assets, from social media accounts to cryptocurrency, need careful consideration in estate planning. Understanding what happens to your digital assets when you die in Massachusetts and how to protect them can ensure your digital legacy is… Read More »
What Is Long-Term Care Insurance?
Long-term care insurance (LTCI) is a specialized policy designed to reimburse policyholders a set daily amount for services associated with long-term care services. As individuals age or face chronic illnesses, they may require various types of care that standard health insurance and Medicare do not cover. LTCI can provide financial assistance for these services, offering… Read More »
What If There is No One I Trust With A Health Care Proxy?
When it comes to healthcare decision-making, having a trusted healthcare proxy can provide peace of mind. A healthcare proxy, also known as a medical power of attorney, is a trusted individual designated to make medical decisions on your behalf if you become incapacitated. However, there may be situations where you don’t have a close friend… Read More »
What Happens To My Estate Plan in Massachusetts If I Divorce?
When a marriage ends in divorce, it affects more than just the marital relationship – it also has significant implications for existing estate plans. In Massachusetts, the dissolution of a marriage requires revisiting and revising estate planning documents to align with the new circumstances. Here’s what you need to know about the effect of divorce… Read More »
Do Single People Need An Estate Plan?
When it comes to estate planning, many people assume it’s only necessary for those who are married or have children. However, this misconception can leave single individuals vulnerable and unprepared for the future. Having a comprehensive estate plan is crucial whether you are single by choice, circumstance, or life stage. Here’s why: Control Over Your… Read More »
Do I Have A Legal Responsibility To My Parents In Massachusetts?
While caring for aging parents is often viewed as a moral duty, in some states, legal obligations also come into play. Massachusetts is one of the jurisdictions that has filial responsibility laws on the books, which can require adult children to support their parents financially under certain circumstances. Here’s what you need to know about… Read More »
Are There Things I’m Not Allowed To Include In My Massachusetts Estate Plan?
Estate planning is an indispensable process. It ensures that your assets are allocated according to your wishes after your death. When creating an estate plan, it’s natural to want to account for every eventuality and make sure your wishes are carried out precisely as you intend. However, it’s essential to understand that certain provisions or… Read More »