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July 2017 Archives

Using only wills may not benefit sizable Massachusetts estates

When Massachusetts residents have sizable estates, they may have concerns when it comes to carrying out estate planning and end-of-life wishes. Some parties may think that creating wills can allow them to execute good-enough plans that address their desires when it comes to having their surviving loved ones handle the estate. However, some individuals may want to utilize additional planning tools.

Lack of info may make Massachusetts probate process more complex

Because most individuals do not give much thought to certain legal proceedings unless they find themselves involved in a related matter, it is fairly common for many people to not understand those processes. However, a lack of information could prove damaging when the time comes to address those legal matters. The probate process is one in particular that many Massachusetts residents may need to know more about.

Carrie Fisher's estate administration hits snag with trust issue

The handling of an estate can be a very delicate business, especially when grief over a loved one's death is still fresh. In many cases, having a detailed estate plan can help the estate administration process move forward more smoothly in Massachusetts. Of course, if no plan exists or if the plan was not updated as needed, the administration proceedings may hit some snags.

4 benefits of an irrevocable trust

You're deciding how to leave your estate to your heirs, and you've heard about an irrevocable trust, but you haven't really looked into it. You're curious about the advantages, disadvantages, and legal steps you'll need to take.

Waiting too long to create wills could have negative impacts

Procrastination is an issue with which many Massachusetts residents struggle. The idea of putting off a task until a later time often seems appealing, but of course, serious issues could come about in certain situations if the task gets put off for too long. For instance, if individuals do not create their wills or address other estate planning needs soon enough, complications could arise.

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