When it comes to estate planning basics, many Massachusetts residents may think that having a will can cover their needs. While it is true that wills have a multitude of benefits, there are other planning documents that may also prove just as important. In fact, these...
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Local : 617-379-0022
Toll Free : 866-591-4451
Month: May 2017
If used correctly, a revocable trust could help avoid probate
Choosing to utilize planning tools other than wills commonly occur during individuals' estate planning. For many Massachusetts residents, a revocable trust could come in handy if they hope to avoid probate or allow certain assets more protection. However, while this...
Estate planning can help plan guardianships in Massachusetts
Estate plans have a variety of uses, and many Massachusetts residents may only know the surface benefits of such plans. Though individuals can create wills to distribute property, they can also utilize their plans to address guardianships or conservatorships that...
What kind of taxes will apply to my father’s estate?
If you recently lost a loved one, financial concerns are probably the last thing on your mind. You're going through the grieving process and this takes time. Let's say, for example, your father passed away, and you're his only heir. It will now be up to you to...
Dividing land, other assets in wills can have complications
Having children often results in parents having to find creative ways to ensure that each child receives his or her fair share. These shares could relate to minor things such as treats or toys to more significant property as the kids grow older. Most often,...