Estate planning is a crucial financial and legal process that provides peace of mind, ensures the orderly distribution of assets, and minimizes potential complications for heirs. However, many people in Massachusetts often wonder when the ideal time is to embark on estate planning. This article will discuss the best age to start estate planning in… Read More »
Posts Categorized: Living Will
Created A Will? Good! Don’t Stop There.
A will is a basic and very important component of your estate plan, but it is only the foundation. You may need other documents and strategies in place to help accomplish each of your estate planning goals. You probably created a will to ensure that guardianship of your minor children is addressed if applicable, or… Read More »
Will vs. Living Will vs. Health Care Proxy: What to Know in MA
When you meet with a qualified Massachusetts estate planning lawyer, you will discuss many documents and tools that can help you to accomplish your estate planning goals. The support of an attorney helps you walk through this process and understand which strategies and planning opportunities are most appropriate for your individual situation. Living Will A… Read More »
Is a Living Will an Advanced Healthcare Directive?
If you’re just approaching estate planning for the first time, talk to an estate planning lawyer about important tools like a living will. Many people want to know if a living will is the same thing as an advanced healthcare directive. What Is a Living Will? A living will is a form of an advanced… Read More »
Living Wills and Health Proxies: Important Tools for Massachusetts Residents
Contemplating the possibility of future incapacitation might lead you to sit down with a Massachusetts elder lawyer to discuss tools like a health care proxy or a living will. Is There a Difference? Occasionally, people outside of the legal profession might refer to these documents as one and the same, but there are some important… Read More »
Is an Attorney Necessary for Drafting a Living Trust?
A living trust is a document for estate planning purposes that is created and effective during your lifetime. Also known as a revocable living trust, it allows you to manage your own assets. Creating a living trust is often done for the following reasons: It can help you with avoiding probate; It can help maintain… 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 »