Just as no two people are exactly the same, neither are their estate plans. With all the possibilities in estate planning it’s important to know your options. While every estate plan is different, an estate plan consists of an array of documents that each have their own benefits and limitations. The foundation of a basic […] The post How a Trust Can Strengthen Your Estate Plan appeared first on The Heritage Law Blog .
Please join the Heritage Law Center for one of our upcoming Estate Planning Seminars: “How to Protect Your Home, Assets & Life Savings From the Costs of Probate & Long-Term Care” WOBURN Tuesday, Sept. 26 7:00 – 9:00 p.m. (Coffee & Dessert) Courtyard by Marriott 700 Unicorn Park Dr BURLINGTON Thursday, Sept. 28 7:00 – 9:00 […] The post The Heritage Law Center Will be Hosting Two Estate Planning Seminars appeared first on The Heritage Law Blog .
Back to school season is upon us! As we all prepare to get back into our routines it’s also a great time to be reminded of estate planning basics. The blog posts this month focus on just that. Getting back to basics so you can make estate planning part of our fall planning. Estate planning […] The post Estate Planning for the Young Adult: 7 Strategies to Start Today 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 .
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 .
Just as soon as the sugar high of Halloween comes to an end, daylight savings time is also a wrap. In an instant, the holiday music playing everywhere we turn is encouraging us to start gearing up for holiday celebrations and family visits. For many adult children who live near their parents, regular check-ins are […] The post Important Holiday Conversations with Family appeared first on The Heritage Law Blog .
Financial planning and Estate planning both have extremely important, and sometimes interconnected, functions. Both are also highly specialized in nature, requiring you to find the right partner to work with in each area. Both the attorney and financial planner need to understand the basics of the other professional’s area of practice and be willing to […] The post Financial Planning vs. Estate Planning appeared first on The Heritage Law Blog .