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October 2016 Archives

Dealing with a loved one's debts during the probate process

In life, it is not uncommon to borrow money in order to attain certain assets or to go into debt to pay for unexpected expenses. What happens, though, when someone dies before he or she is able to pay back what was borrowed? In Massachusetts and elsewhere, any unpaid debts are dealt with during the probate process.

Incapacitated adults rely on guardians for a number of things

Those individuals in Massachusetts and elsewhere who are appointed as guardians of adults have a number of responsibilities. After all, incapacitated adults depend on these individuals to make many important medical and personal decisions for them -- among other things, -- which is no small feat. What are some of the duties and responsibilities assigned to guardians, and are there any limits to their decision making powers?

There is more to estate planning than just a will

Some Massachusetts residents are under the impression that if they have a will, they have done what they can to protect themselves and their families. However, there is more to estate planning than just wills. Other documents are needed to protect people in the event that they become incapacitated.

A special needs trust can help put parents' minds at ease

Many Massachusetts parents devote their lives to taking care of their children -- especially children with special needs. These children often require care even after they become adults, and additional estate planning will most likely be required in order to help secure their futures. Creating a special needs trust to go along with other documents could help put parent's minds at ease.