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Watching your parents age and begin to lose some of their cognitive or physical abilities is often difficult. At some point, you may question your mother or father’s ability to make sound decisions. Guardianships and powers of attorney both give you or someone else...
We all like to think that we’ll be hale and hearty until the end of our days. For many of us, just thinking about becoming terminally ill, being in a serious accident, or losing ourselves to a degenerative disease can be too much to bear. Sadly, though, ongoing good...
People tend to think about estate planning in terms of death and dying. While these concepts are central to the process of estate law, preparing for your death is not the point of most estate plans — you are preparing to improve the lives of those who survive you....
There are several important times in the life of an estate planner when they should consider updating their estate plan. This is in addition to regularly reviewing their estate plan. Estate planning is in important part of an estate planner’s life which is why an...
Making end of life decisions is usually not on the top of most people’s to-do lists. However, it is important for people to decide how to divide up their estate and distribute assets. One part of estate planning is to name an estate administrator. This person carries...
When adult children find out about their family’s estate after the parents die, this limits the extent of what they know about their parents’ wishes. Having financial discussions up front gives more opportunity for planning. Asking the right questions of your aging...
Elder abuse is a growing problem in the United States. Massachusetts has taken steps to protect seniors through a robust elder abuse reporting system. The Centers for Disease Control define elder abuse as an intentional act or failure to act that results in harm or a...
A will can be a complex legal document that stipulates the assets and property that a person wishes to bequeath to beneficiaries when the person passes away. Not all wills are complex, though, and many Boston residents can protect their estates and preserve their...
Transferring assets to family members and heirs is an important part of estate planning. Dealing with your parent’s home can pose additional complications and impact estate administration and probate. Probate If nothing is done, an estate and the parents’ home will...
As you lay the foundation for an estate plan, you must understand that you will be responsible for many decisions. A few that immediately come to mind include naming your beneficiaries and determining how much each will receive. Among the other crucial decisions...
