Maryland estate executors have a serious responsibility before them, often managing a great deal of wealth and being responsible to many people. This can present some risk, both legally or financially, if the executor fails to fulfill his or her duties appropriately....
Estate Planning
Do you want to leave an inheritance to your grandkids?
You may have specific goals for what happens to your estate after you pass, and that may include leaving money to your grandchildren. This is an objective for many Massachusetts grandparents, and through thoughtful estate planning, you can accomplish this goal. You...
Estate planning steps to take after getting married
When two people get married, their lives become more intermingled. Conversations about finances, plans and goals are a critical part of many partnerships. Estate planning is certainly among the issues worth going through for a newly married couple. Here are three...
Even young professionals can benefit from estate planning
When they are just starting out, many young professionals do not consider estate planning as something they need to do, at least not right away. Many young professionals typically have limited assets, and their young age means they likely are not considering what will...
Estate planning with a special needs child
Parents of special needs children have unique considerations when estate planning. Depending on the extent of the child’s needs, arrangements for their long-term care, housing and financial well-being should be considered as part of the estate planning process. Here...
Are you still holding on to estate planning myths?
If you have put off making your estate plan, it could be because you are among the many in Massachusetts who still believe one or more of the prevalent myths about the process and purpose of estate planning. Unfortunately, many who shrug off the necessity of having an...
Why you need a health care proxy
Many Massachusetts residents suffer incapacitation at some point in life, whether through age, illness or accident. When that happens, they are not in a position to make medical decisions for themselves, so the courts may need to decide what medical treatments they...
7 questions for evaluating your estate plan
If you have already taken steps to create a comprehensive estate plan, congratulations. You are among the very few in Massachusetts and beyond who have protected their loved ones with this process. For certain, it is not always easy to write a will, establish a trust...
When’s the last time you reviewed your estate plan?
Many Massachusetts residents refuse to put estate plans together until they reach their retirement years, but not you. You created an estate plan early because you wanted to make sure you, your family and your assets were protected should the unthinkable happen. While...
How may a will or a trust provide for my surviving children?
A will instructs the probate court on how to distribute your assets and property to your beneficiaries. Your named executor oversees the transfer of your property's ownership; he or she also has responsibility for settling your debts and taxes. As noted by Kiplinger...