While an individual can write his or her own will, it’s far too easy for mistakes to be made that could lead to loved ones paying the price after you have passed away. While we personally suggest that an individual retain a knowledgeable attorney to prepare their will so that the will is drafted and… Read More »
Posts Categorized: Wills
Understanding Powers of Attorney and Wills for Estate Planning Purposes
Most people fall into the camp of experiencing many different misconceptions about powers of attorney and wills. Many people think that will planning or estate planning is something that only the elderly should do and might not necessarily be for a younger couple or a single individual. However, anyone who has loved ones or who… Read More »
Passing Away Without a Will Sets Up Problems for Your Loved Ones
You may assume that you don’t need a will or that your future involving estate planning is far off or simply unnecessary because you don’t have enough assets, but far too few adults in the United States have a will in comparison with the number of people who should. Dying without a will can pose… Read More »
History of Needham: Film Screening and Panel Discussion
The decision to move into a senior living community is a big step for retirees and their families. Get the answers you’re looking for from our panel of experts specializing in senior services. This event, will consist of a short film screening and panel discussion to follow. Our panel of experts includes: Audrey Zabin, M.ED.,… Read More »
The Value of Understanding Competency Grounds for Challenging a Will
Any heir or beneficiary has the right to challenge or contest your will. This means that he or she is arguing that there is one reason or another why the will should not be classified as legally valid in a probate sense. An individual coming forward to contest the will has the responsibility of… Read More »
Most Common Tools Used in the Estate Planning Process
If you are finally ready to accomplish your estate planning but you are not sure what strategies or tools you need to help you, there are several common instruments that may be beneficial depending on your individual needs. These include a will, a living trust, a pre-nuptial agreement, a healthcare proxy, a living will, a… 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 »
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 »
The 4 C’s: Why You Need An Estate Plan
NerdWallet recently answered that age-old question — “Do I need a will?” — with a pithy but resounding, “Yes.” Of course, one-word answers haven’t convinced most Americans. Despite experts’ impassioned pleas, some 55% of adults in this country still don’t have so much as a will, let alone a trust or any of the other… Read More »
A Look at a Few Common Trusts (And How They Help)
The Motley Fool recently issued a new article dispelling the myth that trusts are only for wealthy families with walk-in vaults and rivers of gold. The truth is that trusts have become an essential building block in today’s middle-class and working-class estate plans. View image | gettyimages.com Trusts can save everyone money, heartache, hassle, and… Read More »