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 […]
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 value of your asset will […]
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 Benefits One of the […]
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 you better understand your options, […]
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 […]
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 this type of trust instead? To […]
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 scams is actually not […]
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 Card Scams New Medicare cards are being sent out […]