If you have already completed the general process of estate planning, when did you do so? Where are those documents stored? Does your family know where these documents are located? Estate planning is something that should be reviewed every year as well as when any major life event happens like a birth, death, divorce, or… Read More »
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Why Single Individuals Need Estate Planning, Too
It is a misconception that if you are single you do not need to be concerned with conducting your estate planning in Massachusetts. This is because the makeup of the society has changed significantly in the past several decades and single individuals should be just as concerned about planning ahead for their future as those… Read More »
In Massachusetts, Is My Living Will the Same Thing as a Do-Not-Resuscitate Order?
When preparing for estate planning, it’s easy to become confused by the numerous legal terms involved in this process. Your living will and a Do-Not-Resuscitate order are not the same thing, so read on to identify what makes each one unique. Your living will gives official guidance to an appointed authority agent known as your… Read More »
Tips for Managing Finances During Your Golden Years
Ensuring that you have the appropriate assets set aside for your retirement is not just about caring for the day-to-day expenses or paying off your mortgage. It is also critical to think carefully about end of life care. It is not always easy to answer the pertinent questions surrounding quality end-of-life care but it is… Read More »
What Lessons Can Be Learned from David Bowie’s Estate?
David Bowie left a major mark on the music industry but he also left behind approximately $100 million to his family members, according to the BBC. While his will outlines that each of his children will receive 25% of the estate, his youngest child is not legally allowed to inherit money yet. Since his daughter,… Read More »
Prince’s Estate Teaches Important Lessons about Planning
There is no doubt that Prince had clear intentions about the rights to his music. According to a 1996 interview in Rolling Stone Prince said, “If you don’t own your masters, your master owns you.” Unfortunately, however, it is coming to light that Prince did not have as much clarity with his own estate planning…. Read More »
Obama’s Budget and Estate Taxes
You have probably read that President Obama submitted his final budget to Congress recently and that it was greeted by Republicans as ‘dead on arrival.’ We don’t want to get into a political discussion here but it should be noted that there are several proposals that have drawn wide bipartisan support and could resurface as… Read More »
Purpose Prize Winners
For the last 10 years Encore.org (formerly Civic Ventures) has honored hundreds of people from around the world for their work in second careers. Encore, which is based in San Francisco and New York, is dedicated to encouraging, promoting and, in some cases, financing what it calls, “seconds acts for the greater good.” They focus… Read More »
Life is Too Short
According to recent data from the Women’s Institute for Secure Data one third of the women who lose a spouse are under the age of 65. And yes, for over 100 years women have enjoyed longer life spans then men. Although, according to a Los Angeles Times story this has not always been the case…. Read More »
Do I Have to Shovel My Walk?
The morning after a light snow, a St. Paul, Minnesota man looked out his front window and noticed the walkway in front of his home and his neighbor’s was covered in white. Without a moment’s hesitation, the resident put on his coat and shoveled not only his own walk , but his neighbor’s. That fact… Read More »