The majority of Americans do not have an estate plan in place for when they die. Many younger Americans believe that they can put off estate planning until they retire. The reality is that the unexpected can happen at any time, and it is best to prepare. If you are...
Estate Planning
How can you choose the right executor for your estate?
As you create your estate plan, you have a lot of important decisions to make. One of the most important decisions that you have to make is the decision to choose an executor. The executor is similar to the voice of your estate. According to Farm Bureau Financial...
3 important components of an estate plan
Your estate plan is the one way you have to take care of the people you love after your death. Because of this, you want to ensure you get it right, and we understand that need at the Law Offices of Roche and Roche, PC. We want to help you make sure you include...
What happens if I die without a will?
If you think you do not need a Last Will and Testament because you are “too young” or “too poor,” you may want to rethink that idea. Even if you are just beginning your career and have not yet accumulated a lot of wealth, you undoubtedly own at least a few things...
When should you update your estate plan?
Massachusetts residents like you work hard on your estate in life. You spend time and care crafting your estate plan so your executor can handle your matters after your death. But creating an estate plan is not where your estate planning ends. Your life is different...
FAQ about Massachusetts wills
When you begin planning your estate, you will likely start by creating a will. This document establishes your wishes for your possessions and custody of your minor children and takes effect if you die. Review the laws that govern wills and estate planning in...
Do all estate cases go to probate?
The probate process in Massachusetts is designed to assist with matters involving the estate once someone passes. Whether currently writing your last will and testament or named as the executor of an estate, it is critical that you understand how the probate process...
How much might you owe in estate taxes?
Your ultimate goal in estate planning is to optimize every strategy available to you to preserve assets to pass on to your beneficiaries in Franklin. Planning to avoid probate and settle outstanding liabilities can help in this regard, yet expenses such as estate tax...
Should I use a springing power of attorney?
You may be in a situation where a parent is losing the mental capacity to make important financial decisions, but is still competent enough to handle such matters with just a little help. Should you name a designated power of attorney, or use a springing power of...
What do you know about estate planning for single people?
It seems as if all your friends and family have gotten married or started a family. You, on the other hand, have no plans to wed or have children, a fact that may shock those closest to you. No matter your reasons for deciding to remain single, you may need to pair...
