If you and your partner are now above age 55 and it’s been several years since you had the opportunity to speak to an estate planning attorney, it’s important to consider the many different facets that could influence updating your estate plan. First of all, now that you are older, your needs and assets might… Read More »
Posts Categorized: Estate Planning
Why Is A Trust Important for Your Massachusetts Estate Plan?
Trusts are critical to be used when a person intends to pass on property or money to another party by leveraging existing control and moving it outside of their existing estate. By setting up a trust in Massachusetts you can control how money will be used and distributed to another person. This can be especially… Read More »
Leave the Best Legacy: Make Your Estate Plan a Priority Now
A Massachusetts estate planning lawyer can help you in many different stages of your life to determine what your estate plan should look like and the benefits of structuring it properly. Knowing what will happen to a piece of property before you become incapacitated or pass away can help families avoid complicated legal issues as… Read More »
Can Someone with Alzheimers’ Draft Legal Documents?
If you believe that a loved one has begun to show the early signs of Alzheimer’s or if your family member has recently been diagnosed with this condition, it is imperative to consider the potential possibilities with legal documents if these have not already been created. Two of the most common estate planning documents created… Read More »
Using a Power of Attorney Document for a Loved One with Alzheimer’s Disease
There are so many things to think about after your spouse, parent, or sibling has been diagnosed with Alzheimer’s Disease. A power of attorney document should be at the top of the to-do list. Only one in four people with this disease have been diagnosed so far, so it’s possible that many families will be… Read More »
Create A Plan for Your Future in The Early Stage Alzheimer’s
It can be very empowering and important to create a plan for your future when you have recently been diagnosed with Alzheimer’s. The sooner you can discuss and document your legal plans, the more prepared you and your family can be for moving forward. There are many different details associated with the legal planning connected… Read More »
What Are the Most Common Reasons That You Need to Review Your Estate Plan?
Your estate plan shouldn’t be a set of documents that you complete, sign and file away forever. Many different reasons to update your estate plan can occur over the course of your lifetime or even a typical year in an average person’s life. There are times in life when it’s a good idea to move… Read More »
Durable POA Basics for Massachusetts
Ensuring that your legal and financial wishes are met by a trusted person or family member if you become incapable of handling them on your own, is the purpose of creating a Massachusetts durable power of attorney. This gives the person you install in such a role, referred to as an attorney-in-fact, legal authority to… Read More »
Three Questions to Ask Yourself Before Making a Will
Studies show that up to 70% of Americans don’t have the most basic of estate planning documents in a will. This legal document can accomplish multiple goals and is often the cornerstone of a good Massachusetts estate plan. This legal document outlines who is eligible to take care of your minor children if something happens… Read More »
How Much Do I Need for Medical Expenses in Retirement?
Have you thought ahead about how you’ll afford long term care? Do you have a plan in place to qualify for MassHealth as soon as possible? If not, you could be setting you and your family members up for an unexpected surprise. Long term care expenses are only going up. Even with increasing longevity, most… Read More »