Executors of estates often find themselves in thankless roles. Often, they have to bear the brunt of any disgruntled relatives or beneficiaries while also working to close the estate as efficiently as possible. One of their duties includes gathering and protecting the decedents' assets, and this step also needs to include addressing digital assets.
Many Massachusetts residents have older family members who are still in good health. Still, they may understand that mental capacity often declines as individuals age, and the possibility exists that dementia could easily affect any older loved one. When that happens, it may be time for other family to consider the possibility of conservatorships.
A number of tasks need to be completed before a recently deceased person's affairs can be settled. These tasks usually take place during the probate process, which many Massachusetts residents may not have much information about. In particular, one of the first steps that needs taking is having the will validated by the court.
Small business owners in Massachusetts and elsewhere have a number of variants to consider when starting and running their companies. While a business plan can help address many important aspects, they may also want to consider having an estate plan. Wills and other end-of-life documents can help business owners detail how they want their companies' affairs handled after their passing.