When you first start your estate planning process, there are a lot of pressing topics including conservatorship and transferring your wealth to your loved ones. Another aspect of estate planning you may want to tackle is the cost of your funeral. The cost of a funeral...
Albanese Law, LLC
Massachusetts Estate Planning Attorney
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Local : 617-379-0022
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Local : 617-379-0022
Toll Free : 866-591-4451
Blog
Getting the most out of your will
Having a written will can make a tremendous difference in your family's ability to successfully close your estate. Clarifying your expectations can also reduce the risk of an estate dispute happening later on. Knowing what information to include in your will can help...
The danger of leaving money to your child with special needs
If you have a child who has a disability or special needs, you may fear he or she may never find gainful employment. Because your son or daughter is dynamic in other ways, this may not bother you much now. Still, after your death, your child's unemployability may make...
When should you reevaluate your estate plan?
Creating an estate plan is a long-lasting labor that can take months or even years to accomplish, depending on the complexities of your assets and other factors. On top of that, you are not done with your estate plan after you create it. You should revisit it often to...
How do you distinguish between good and bad nursing homes?
If you have an elderly parent, you may have little choice but to move him or her into a nursing home. This is probably especially true if your mother or father has a serious health condition, such as Alzheimer's disease, that requires round-the-clock care. You have...
How does probate work in Massachusetts?
During probate, the court supervises the administration of your estate by your designated personal representative. When you plan your estate, you may want to implement strategies to help your loved ones avoid a time-consuming, costly probate process. Review the...
What are private options to finance long-term care?
While older adults may qualify for Medicare, PACE, Medicaid and VA healthcare benefits, they may still need help to pay for medical care. Private finance options could help bridge the gap, or some adults may prefer alternative payment methods for long-term health...
What if I want to distribute my estate unevenly?
The common advice when crafting an estate plan is to make the distribution of inheritance equitable. Essentially, make sure that all of your children get roughly equal parts of the pie. This is generally good advice to help lessen the chance that one of your children...
Third-party special needs trusts offer these 2 benefits
When you live in Massachusetts and have a child with special needs, you may need to take additional steps during estate planning to make sure your actions do not impact your child’s eligibility for government assistance. Individuals with disabilities need to undergo...
There are warning signs of financial exploitation of the elderly
One of the most underreported forms of elder abuse in Massachusetts is financial exploitation. Your loved ones spent their lives building their lives and assets. Do not let someone take advantage of them by scamming them out of their life’s work. The Massachusetts...
