Introduction Probate is a legal process that ensures the orderly distribution of a deceased person’s assets and settlement of their debts. While it’s designed to be a structured and fair system, common probate pitfalls can complicate matters for heirs and executors alike. In this article, we’ll explore some of these challenges and offer insights on… Read More »
Posts Categorized: Estate Planning
Estate Planning: What You Need to Consider
There are many factors to consider when it comes to estate planning. From choosing the right Executor,which in Massachusetts is now known as a Personal Representative, to deciding the distribution of yourassets, it can be overwhelming to navigate the process. Here are some key things to keep in mind whenplanning your estate: Contact O’Connell Law… Read More »
Who Needs an Estate Plan?
You maybe surprised about who needs an estate plan. If you have dependents, a business, specific requests or significant assets, you may need an estate plan.
What Can an Elder Law Attorney Do for You?
An elder law attorney can help you with estate planning, wills, probate, medicaid, trusts, and many much more
How to Start Estate Planning
Estate planning is an important process that should be considered by everyone at some point in their life. It involves making critical decisions about how your assets will be distributed after you pass away. Many individuals put off estate planning because they believe it is only for the wealthy or elderly, but this is not the case. Regardless of your age, income, or family situation, estate planning is a crucial step in securing your legacy and safeguarding your loved ones. In this article, we will share some helpful tips on how to get started with estate planning. To begin, take inventory of your assets, decide on your beneficiaries, choose an executor, create a will, and consider a trust. By following these steps, you can ensure that your wishes are carried out and your loved ones are taken care of. Start estate planning today!
The Importance of Estate Planning in Elder Care Law
Estate planning is a cornerstone of elder care law, allowing seniors the ability to guard their assets after they pass away and ensure their wishes are carried out. It is essential for individuals to understand the importance of estate planning and the various legal instruments that make up a comprehensive estate plan. A key component… Read More »
The Significance of Estate Planning for College-Bound Students
In the modern era, it is essential to be prepared for all circumstances to safeguard our loved ones. As parents, we continually strive to shield our children and set them up for prosperous futures. One often neglected aspect that demands attention is estate planning. This article will delve into the reasons parents should consider an… Read More »
When Should I Include a Pour Over Will in My Estate Plan?
Creating an estate plan is an important step in securing the future of your assets and your loved ones. One popular tool in estate planning is a pour over will. A pour over will can be a valuable addition to your estate plan, but it may not be necessary for everyone. So, when should you… Read More »
Why Estate Planning Is Important to Do Even During the Summer Months
The summer months in Massachusetts are a time for fun in the sun, vacations, and relaxation. However, it’s important to remember that estate planning is a year-round task that should not be neglected. In fact, summer can be a great time to review and update your estate plan. Here are some reasons why estate planning… Read More »
What Is a Letter of Instruction? & How to Find an Estate Planning Lawyer to Help
There are many different tools you can use to help explain to people the goals of your estate. The most basic of these is your will, which articulates who will receive guardianship of any minor children, who will serve as your personal representative or executor handling the administration of your estate and what happens to… Read More »