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If you’re the parent of a high school graduate this year, congratulations! You’ve put in a lot of time and effort toward their earning that diploma, and whatever their next […]

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Will the Inheritance You Leave Be a Blessing or an Albatross?

by Matthew Karr, Esq. on June 30, 2014

Rock musician Sting recently announced that his children will not inherit his estimated $300 million fortune, saying that these riches are “albatrosses around their necks.” The product of a British […]

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Many people fail to create an estate plan because they don’t truly understand what is involved and therefore believe it is too complicated. But the real truth is that creating […]

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Estate Planning for the Little Things

by Matthew Karr, Esq. on April 17, 2014

Estate planning involves preparing for considerations related to incapacitation and death. And while there are many commonly thought-of items, like creating wills and naming guardians, there are some other items […]

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Clients come to my Woburn estate planning office with a desire to make a difference to the next generation. Obviously, there is a need to plan for children and grandchildren, […]

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How to Choose an Executor or Successor Trustee

by Matthew Karr, Esq. on April 10, 2014

The decision of who to appoint as your executor or trustee is a huge one, and we’ve talked about it a bit in the past. Still, it’s important to make…

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How to Choose an Executor or Successor Trustee

by Matthew Karr, Esq. on April 10, 2014

The decision of who to appoint as your executor or trustee is a huge one, and we’ve talked about it a bit in the past. Still, it’s important to make…

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Weighing Your Social Security Options

by Matthew Karr, Esq. on April 8, 2014

For many elder law clients in Woburn, Social Security benefits represent a very large portion of their post-retirement income. Because of the way that the system has changed since…

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The Importance of a Basic Estate Plan

by Matthew Karr, Esq. on March 12, 2014

Recently I was reminded, yet again, of how important having a solid foundational estate plan can be, no matter your net worth. Before getting into the various options regarding trust […]

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Philip Seymour Hoffman’s Unusual Last Wish

by Matthew Karr, Esq. on March 5, 2014

Estate planning is more than just setting up an efficient plan for transferring assets and reducing taxes. It can also be an opportunity to impart values and ideals to those […]

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