Estate Planning is like a road map. And while the map may be straight forward for some, for others there may be stops along the way. One thing is for sure is that it all leads to the same destination: peace of mind!
A lot of people put off...
How a Well-Constructed Trust Can Provide for a Loved One Struggling with their Sobriety
Tragically, addiction is extremely common in Southeastern Massachusetts and Cape Cod, as it is throughout the country. For this reason, many of our clients are troubled about how they will provide for addicted loved ones in their estate plans. Whether your child or another relative is addicted to alcohol, drugs, gambling, or...
CNBC Article: Estate planning for LGBTQ+ families is crucial. Here’s what you need to do
By Michelle Fox
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Everyone should have an estate plan. For LGBTQ+ families, it may be even more critical.
Members of the LGBTQ+ community are less likely to be married or they may have children where only one partner is the biological parent, said Gina Nelson,...
Transferring Property Upon Your Death
There are essentially five ways an individual can transfer property to their loved ones upon their death. Depending on the age of the persons who will be receiving property or the dynamics among family members who are receiving the property, it is important to choose your method of transfer very carefully.
What is Probate and Why You Want to Avoid It
Probate is a court process to settle an estate after someone dies. There are two types of probates. The first is interstate probate. For example, if someone dies without a Will, then they are “intestate” and a court has to decide what happens to their property. The second type is testate...
CNBC Article: How to get it right when naming an executor and filling other key roles in your estate plan
In addition to deciding who gets what when you die, you have key roles to fill that deserve thoughtful deliberation as part of the estate-planning process, experts say.In addition to choosing an executor — the person who ensures your wishes are carried out and that your estate is settled — it’s wise...
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Estate Planning for a Multi-Generational Family
Times have changed and so has the idea of what a traditional family looks like. Due to economic or practical circumstances, more households have become multi-generational homes with grandparents, parents and children all living under one roof, according to a Pew Research Center analysis of census data. The dynamic of a multi-generational...
Benefits of a Virtual Estate Planning Consultation
As awful as the coronavirus pandemic is, we should all be grateful that it has hit at a time in history when we have the technology to help us cope. First and foremost, medical science has advanced to the point that vaccines to protect us from catastrophe have been developed at an...
Give the Gift of a Gift Trust
During holiday time, many people feel more generous than usual. This is not surprising since religious teachings of this period emphasize the importance of helping others, and many stories of the season involve giving in one way or another. If you are inclined to make gift-giving preparations, now is a good time...
MarketWatch Article: How to talk about estate planning with your family this holiday season without starting a fight
By: Nora Garvey
Taking the emotions out of death and financesAs families gather for the holidays, talking about long-term financial security and trusts may not be top of mind. Death and finances are often two of the most uncomfortable topics for families to talk...