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 »
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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 »
Is My Will a Matter of Public Record?
When you create a last will and testament, there are many different questions that you must answer, including who should receive your investments, business interests, real estate, and personal property. But one important aspect of creating a will in Massachusetts that is often overlooked is that, upon your death, the will must be filed with… Read More »
Are you like most people- starting the New Year with the best of intentions but then getting overwhelmed or unmotivated by it all just a few weeks later?
Did you throw your estate plan into the list of things you hoped to accomplish at the beginning of 2020 but are concerned about following through? Speaking with an estate planning lawyer might be the only way to get this fully crossed off your list. Most people know that they need a power of attorney… Read More »
Do You Have a Plan for Long-Term Care?
Are you one of the many Americans who plans to stay independent in your home for many years? It can come as a shock that you might suffer from some type of disability that leaves you in need of support from a long-term care facility. If your plan is for your children to take care… Read More »
Do You Know Your Odds of Developing a Disability?
Plenty of people with disabilities across the United States live meaningful and productive lives, but what catches plenty of others by surprise are the opportunities and challenges presented by the sudden development of a disability. An expected illness or injury can have catastrophic consequences for someone who is not prepared for a disability. One study… Read More »
Is My Estate Eligible for Informal Probate?
Informal probate is one method of streamlining your estate administration to make things simpler for your loved ones after you pass away. Hearings for informal probate are not required under informal probate procedures. There are several circumstances that block informal probate, including: No confirmed death certificate The original will’s location is not identified The person… Read More »
What You Need to Know About Long Term Care Following an Incapacitating Event
A major concern for many clients today is what will happen if they require long term health care in a nursing home, but are no longer at the point where they can make important health care and financial decisions on their own due to a prolonged medical condition, serious injury, or dementia. This is particularly… Read More »