The Heritage Law Center is proud to announce that for the second year in a row founder and Principal attorney Matthew Karr has been selected as a New England Rising Star by Super Lawyers Magazine. Super Lawyers, part of Thomson Reuters, is a research-driven, peer influenced rating service of lawyers who have achieved significant peer […] The post Matthew Karr, Esq. selected as 2017 ‘Super Lawyer’ appeared first on The Heritage Law Blog .
When we think about estate planning, we usually think of how we manage tangible items and investments, but have you thought about protecting your digital assets? As our lives become more and more dependent on technology, it’s important to consider your digital assets when preparing an estate plan. What qualifies as digital property? Digital devices […] The post Estate Planning in the Digital Age appeared first on The Heritage Law Blog .
As we have acknowledged in previous articles, it can be difficult to consider the notion of our own mortality. Yet equally challenging is the idea of the loss of a spouse or partner. While procrastination and ignoring these life-changing scenarios is common, early planning can mitigate the risk of financial and emotional chaos that can […] The post Estate Planning Preparations for Losing a Spouse appeared first on The Heritage Law Blog .
A recent article in the New York Times highlighted the psychological barriers to creating an Estate Plan. “No one likes to think about dying – and that is probably one reason most Americans lack wills.” https://www.nytimes.com/2017/02/08/business/how-to-make-a-will.html?smid=fb-share&_r=0 The likelihood of having a Will, or other Estate Planning documents increases with age. Only 20% of millennials (ages […] The post Is Your Brain Preventing You From Creating a Will? appeared first on The Heritage Law Blog .
Consider yourself lucky if your family owns a vacation home –a lakeside cabin, a beachfront condo–a place where parents, children and grandchildren can gather for vacations, holidays and enjoy each others company and relax together. Your vacation home is likely a place full of special memories where you or your children grew up enjoying summers […] The post Massachusetts Estate Planning for a Family Vacation Home appeared first on The Heritage Law Blog .
As we have mentioned in recent blog articles, the Holidays are the perfect time to check in on your aging parents whom you may not see on a regular basis if you live a significant distance apart. Part of evaluating how they are faring day to day is a conversation about financial management. It is […] The post Role Reversal: Managing Your Parents’ Finances appeared first on The Heritage Law Blog .
Estate planning attorneys often receive calls from potential clients requesting how much a simple Will costs. What they do not know is that a simple Will – also known as a “Last Will and Testament” – in many cases, does not provide the type of protection they need. A simple Will often cannot accomplish the […] The post Will a simple Will do what you need it to do? appeared first on The Heritage Law Blog .
“When grandparents enter the door, discipline flies out the window.” ~Ogden Nash This quote illustrates the grandparent/grandchild relationship for many families. It is often a joy for grandparents to have the opportunity to “spoil” their grandchildren and give them what their parents can not give them. This can include extra time, unique experiences and it […] The post Gifts from Grandparents appeared first on The Heritage Law Blog .
Like many people who have taken the time to ensure an Estate Plan is in place, you have likely filed it away in a safe spot, to be accessed upon your passing. But the reality is, an Estate Plan must evolve the way our lives evolve. They are only useful if they reflect your current […] The post When is the right time to update your Estate Plan? appeared first on The Heritage Law Blog .
Many people think of Estate Planning as a luxury for wealthy Business Owners, executives and CEOs – multi-millionaires who have a variety of homes and bank accounts overflowing with money. However, this notion could not be further from the truth. Estate planning is a tool to be utilized by everyone, regardless of the size of their […] The post Asset Protection for Small Business Owners appeared first on The Heritage Law Blog .