Massachusetts parents want to be able to provide for their children -- even after death. However, minor children cannot legally inherit property. Therefore, the biggest question involves how to leave assets to them.Naming a minor child directly as the beneficiary of...
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Guardianships And Conservatorships
Adult children need to discuss estate planning with parents
Massachusetts residents are living longer now than ever before. This could mean that the possibility of some older people becoming incapacitated is a real concern. Adult children may want to discuss estate planning with their parents in order to ensure that a plan is...
Conservatorships and guardianships important in estate planning
Most people in Massachusetts are aware of the uses and purposes of estate planning. However, while you may be aware of the need for estate planning, many people think they can put such decisions off until another day or that the process simply involves deciding how...
What to do when adult children become incapacitated adults
Upon turning 18, one of the last things a newly emancipated adult and his or her parents think about is what would happen if he or she ended up in the hospital, unable to make decisions regarding his or her health care and finances. However, the possibility of adult...
Planning guardianships for Massachusetts special needs children
Parenting can be challenging under the best of circumstances. However, for Massachusetts parents who have children with special needs, the challenges only increase. One may include the consideration of guardianships when children turn 18. Becoming an adult means...
Massachusetts estate planning covers more than wills and trusts
When many people in Massachusetts think of estate planning, their thoughts may go to documents such as wills and trusts. However, there is more to estate planning than just what will happen upon a person's death. There are documents that can make caring for a person...
Estate planning can avoid court-appointed guardianship
Estate planning is not only about planning for one's death. It can also include planning for when one becomes incapacitated in Massachusetts or in any other state. When a person is found incapable of making decisions for himself or herself, the court will appoint a...
Estate planning makes sense for many Massachusetts residents
Many people are apprehensive when it comes to planning for their death. This reservation can arise for a wide range of reasons, from the cost, to the difficulty of talking about the issue. However, for most Massachusetts residents, if they want to ensure that their...
Is conservatorship appropriate for troubled actress Amanda Bynes?
When a person comes into a substantial amount of wealth, there is no guarantee that he or she will be able to manage the assets very well on his or her own. Many people, especially those who are young, struggle with the sudden influx of money and cannot cope with the...
A conservatorship can be a crucial part of estate planning
It is often a challenge for people to come to terms with the fact that they need to put together an estate plan. Some people do not think they need one or they may find it too difficult to make plans for their assets in the event of their death. While it may not be an...