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 .
There’s a great feeling of satisfaction that comes with giving. Being able to help your loved ones through major life events and financial transitions can be a very rewarding experience. Did you know that gifting not only helps your family while you are still alive but also helps shield you from estate tax? With […] The post Avoid Estate Tax and Preserve Your Family Legacy Through Gifts appeared first on The Heritage Law Blog .
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 .
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 .
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 .
As we approach Veterans Day this year, we would like to remind those who served of the benefits that may be available to them through the Veterans Administration. VA’s Improved Pension Programs There are three categories of the Veterans Administration Improved Pension Programs, and each is need based and means-based. In order to qualify a […] The post Benefits Available to Massachusetts Veterans appeared first on The Heritage Law Blog .