There are many life changes that should prompt you to update your estate plan, and moving is one of them. You may wonder why this is the case. After all, isn’t a legal document in one state valid in another state? Although this is true for the most part, there are several important reasons why you ... Read More
Law Blog
Estate Planning for Real Estate Assets
If you own a home, it is important to develop a detailed plan for that asset. Factors that may influence your decision include the amount of equity, mortgage debt, taxes, and family emotions. Keep the following in mind when estate planning for real estate assets. Diminished Value of Assets The ... Read More
Should You Deed Your House to Your Kids While You Are Still Living?
Most people pass on assets to their children in a will or trust. However, some consider doing so ahead of time. Should you deed your house to your kids while you are still living? Are there certain benefits to this approach? What are potential negative impacts of such a decision? Medicaid ... Read More
Wills versus Trusts for Massachusetts Estate Planning
Wills and trusts are common sources of confusion for people trying understand the many components of estate planning. Some people think that you need only one or the other, and some think that you absolutely need both. The reality is, your needs will depend on your personal circumstances. To help ... Read More
Creating a Will in Massachusetts
When you think of estate planning, one of the first things that come to mind is a will. Although there are many possible components to an estate plan, creating a will is one of the most common. Here is some helpful information and tips on creating a will in Massachusetts. What Is Included in a ... Read More
Irrevocable Trusts for Estate Planning in Massachusetts
In a previous blog post, we provided detailed information on revocable trusts and how they can be used to accomplish your estate planning goals. Another option available is an irrevocable trust. As you might have guessed, it’s basically the opposite of a revocable trust. Why might you consider using ... Read More
Detecting and Avoiding Email Scams
It’s hard to tell where an email is coming from nowadays. Scam emails are masked to appear legitimate in hopes of tricking you into downloading a virus or providing personal information. To avoid being a victim, here are ways of detecting and avoiding email scams. Signs of a Scam Avoiding email ... Read More
Tips on Protecting Yourself from Phone Scams
Phone scams are becoming more prevalent. Although they target just about everyone, seniors are an especially popular target. A new senior-focused scam involves Medicare cards. Here’s what you should know about this scam and some tips on protecting yourself from phone scams of all types. Medicare ... Read More
Retirement Tips for Women
No one wants to think about or admit that they are getting older. Every year the phrase keeps getting pushed back – 40 is the new 30, 50 is the new 40 –in the never-ending search for youthfulness. There are many biases women face. On average, men are paid more for the same job and level of ... Read More
3 Things Commonly Forgotten in Massachusetts Estate Plans
Estate plans contain many different components depending on your personal circumstances and preferences. Although most estate plans are unique, there are several things that all estate plans should include. Here are some things commonly forgotten in Massachusetts estate plans. Be sure to address ... Read More
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