Three Warning Signs That You May Need a Professional Trustee
Sometimes a parent or relative of a person with special needs will establish a special needs trust for their family member and decide to serve as the sole trustee of the trust. In other cases, a parent won't want to serve as trustee, but will ask a close friend or family member...
Explaining Conservatorship to Your Loved One
It can be difficult to talk with loved ones about protecting their assets or managing their financial affairs. Even if you have been assisting your loved ones with their finances for some time, it can be quite emotional and even complicated to explain that it might be time for more protection,...
Incentive Trusts: Ensuring That an Inheritance Will Be Well Spent
Many parents or grandparents with sizable amounts of money to pass on to their heirs are apprehensive about the effect it many have on their children or grandchildren. In some instances, they fear that the recipients will misspend the funds on drugs, fancy cars or failing businesses. In other cases, the...
How to Protect Your Last Will and Testament From Being Challenged
The Last Will and Testament is one of your most basic estate planning documents. If you die without a Last Will and Testament (intestate), crucial decisions about how your property will be distributed and who will be the guardian of your minor children will be decided by Commonwealth of Massachusetts intestacy laws.
Hiring a Caregiver: Should You Employ One Yourself or Go Through an Agency?
Most seniors prefer to stay at home as long as possible rather than move into a nursing home. For many families, this means eventually hiring a caregiver to look after an aging relative. There are two main ways to hire someone: directly or through a home health agency.
Consequences of Using On-line Estate Planning Document No
The following case study is on the pitfalls of using online software forestate planning. This is a situation that our office had to navigate. The names of the family have been changed but it could happen to anyone.
Mary was unmarried. She had 2 children. One of her...
Consequences of Using On-line Estate Planning Documents
The following case study is on the pitfalls of using online software forestate planning. This is a situation that our office had to navigate. The names of the family have been changed but it could happen to anyone.
Mary was unmarried. She had 2 children. One of her...
Estate Planning For Social Media and Electronic Gadgets
Nowadays most of us do everything online: managing our banking, storing our photos, writing the next best-seller novel, and documenting the next great invention. Yet few of us have read the Terms of Service governing access to those Facebook, LinkedIn, Snapchat, Gmail, and other digital media sites. (Terms of Service are those...
Parental Power of Attorney: The Legal Document Needed For Those Caring For Your Children
Whether the kids will be with Grandma and Grandpa or a nanny when you go on a quick get away or business trip, it is important to consider whether the person caring for your children has the legal tools necessary to care for your child in an emergency situation. As a...
Celebrities Who Have Died Without a Last Will and Testament Have Taught Us to Plan NOW
Over the last few years, we’ve seen lots of stories in the news about athletes, musicians, and other celebrities who’ve died without a Last Will and Testament, and the ensuing court battles by families. While you may not be a world-famous celebrity, there are some really good reasons you should consider...