If you become appointed as a trustee or designated as a trust beneficiary, it is essential to understand that trustees must keep beneficiaries informed with respect to trust administration. It is very important for trustees to recognize their obligations in order to...
Call to schedule an appointment or house call
Local : 617-379-0022
Toll Free : 866-591-4451
Local : 617-379-0022
Toll Free : 866-591-4451
Month: March 2022
How to talk to your parents about their senior living plan
Your parents have always been lively, so the thought that they may not be able to care for themselves one day seems absurd. But the fact is, everyone will need help getting around later in life. Most people know that proper estate planning involves planning for death,...
How do trusts save my estate money?
Massachusetts probate can be a long and drawn-out affair. Most estates must go through probate before their heirs can receive their inheritance. According to Massachusetts’ official website, probate is necessary to validate a will. However, if you create a living...
Why may I need long-term care if I live in my own home?
Some Massachusetts residents may need long-term care to continue living in their homes. While you may have heard that long-term care covers nursing homes, it also helps provide at-home personal services. As noted on Mass.gov, LTC provides the assistance that could...
Signs that your parent needs professional care
If you are caring for an aging parent, you might not want to think about getting professional help just yet. You may want to believe that you can handle the issues on your own, or perhaps you feel you are neglecting your parent if you put the responsibilities in...
What will happen if you pass away without a will?
Nearly everyone has a general idea about why it would be beneficial to have an estate plan in place – especially once they begin to have children and accrue more wealth and assets. However, it’s not always clear what might happen if someone continues to delay...
Which assets may I transfer to a living trust?
Massachusetts residents may create a revocable or “living” trust and use it to protect their assets. As your property or income changes, a living trust allows you to transfer assets to it until your death. After death, your trust becomes irrevocable, and your assets...