Most of us have heard of wills being contested, but many people are not aware that trusts can also be contested, often for similar reasons. A trust is a legal document and, as such, can only be contested in a lawsuit in state probate court by a person with legal standing to...
Estate Planning Blog – Surprenant, Beneski & Nunes
A Look into Different Types of Guardianships
There are two basic reasons individuals need guardians: [1] they are incapacitated — physically, mentally, or psychiatrically — and therefore unable to make decisions or to care for themselves, or [2] they are minors whose parents are either deceased or unable to care for them.
Both of these situations...
How to plan your estate as a Solo Ager
According to Forbes Magazine, it is estimated that there are 12 million adults over age of 65 and are living alone, or 27% of the overall population. That is a staggering number. Of that population, most are women. Ironically, although they are now alone, most were at one time or another, caretakers to...
Tax Preparations for Seniors
Few things in life cause more dread than tax time. It’s a lot of work to gather all the paperwork and financials that you will need. There’s also the fear of getting audited or forgetting to include something that could have resulted in a bigger refund. This is why so many people...
5 Reasons You Need an Estate Plan
At Surprenant & Beneski, P.C., our estate planning attorneys have assisted clients throughout Southeastern Massachusetts and Cape Cod in successfully planning their estates for well over a decade. In times of trouble, like the COVID epidemic, people are more inclined to be concerned about preparing for the unknown, but, ironically, because...
Signs Your Elderly Loved One Is Going Through Financial Abuse
Financial abuse of the elderly is a growing problem in Massachusetts and throughout the country. Tragically, elder financial abuse often goes unreported, either because the victims are unaware they are being scammed, ashamed of having been taken advantage of, or fear retaliation. The best way to protect them is to contact Surprenant...
World Economic Forum Article: The secret of the ‘super-agers’: why some people remain sharp in their later years
Researchers at Harvard Medical School and Massachusetts General Hospital are hot on the trail of elderly “super-agers” - whose sharp memories avoid typical age-related declines - in an attempt to study whether there are interventions that can improve prospects for the rest of us. Assistant Professor of Neurology
Why do I need a Letter of Intent as part of my estate plan?
A letter of intent is a personal addition to the formal documents of your estate plan, providing your heirs and your personal representative with detailed information about your wishes. Apart from providing insight into what will have to be taken care of in your absence, the letter of intent will describe precisely...
Common Mistakes Made by Personal Representatives
If you have been named a personal representative (executor) by a family member or friend, you may be overwhelmed by the responsibility and unclear about the tasks at hand. This is a good time to seek the services of an accomplished estate planning attorney who will be able to clarify your duties...
Trust Mistakes and How to Avoid Them
Creating a trust can be an important component of estate planning, serving a number of useful purposes, including:
Helping to avoid probateLessening tax burdensProtecting your loved ones (especially those with special needs)Protecting your assetsGuarding your privacy.Trust mistakes can become serious problems. This is why it’s...