Planning for the settling of one's final affairs takes a considerable amount of effort. Massachusetts residents will need to go over several documents, such as wills and trusts, that they may want to use in their estate plans. They will also need to...
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Wills
Estate planning tools can help with asset protection
Having something to pass on to loved ones is often desired. Many Massachusetts residents may consider the assets they have, wonder who would want them and how they could make sure that they are still available to pass on. Fortunately, estate planning can prove...
Even disorganized people need wills
Many Massachusetts residents may not consider themselves the most organized people. For now, their disarray may not cause them much issue, but in the event of their deaths, disorganization could cause a significant number of issues for family members. Because of this...
Estate planning discussion may help family understand wishes
There are many times in life when families need to have discussions that will not always go easily or as planned. One topic that some Massachusetts families may not easily discuss is estate planning. Adult children may not want to think about their parents' eventual...
Knowledge and updates can help with asset protection
For some Massachusetts residents, ensuring that their loved ones will be taken care of after their passing is an important goal. Often, this desire means that individuals may need to take part in asset protection. Fortunately, many aspects of estate planning can...
Wills may be challenged over testamentary capacity
In many cases, people can put off estate planning until it is too late. Even if a person is still alive, his or her mental capacity may have declined to a point at which sound decisions are no longer possible. As a result, wills created after this point will...
Wills, other planning documents can benefit business owners
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...
The validity of cell phone wills
Many people don't know where they would be on a daily basis without their cell phones. These small devices have become an integral part of many people's lives in Massachusetts as well as most other states across the country. It isn't unusual for people to keep...
What happens when people die without wills?
Creating an estate plan is something that many people are guilty of putting off. A significant number of these people, including many Massachusetts residents, may believe that they do not need one until they achieve a certain amount of wealth. However, anyone can...
Including cryptocurrency in wills
Online assets are becoming more common as technology advances.What happens to cryptocurrency, like bitcoin and ethereum, after the account holder dies? In Massachusetts and elsewhere these currencies can be included in wills, but what other steps might be...