Spouses should keep several things in mind when preparing their estate plan to protect each other, their children, and their estate. A good estate plan encompasses much more than merely distributing a person’s wealth when they die. A Massachusetts estate planning attorney can help married couples evaluate their specific circumstances and explain what the couple…
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Protecting Your Small Business’Assets
You’ve invested a lot of time and money building your small business. You want to protect what you’ve created, especially if it’s your main source of income and your family depends on that small business. By using a Massachusetts estate planning lawyer for your small business, you can protect assets from being unnecessarily taxed when…
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MassHealth Programs to Help Seniors Stay at Home
Roughly 90 percent of adults age 65 or older want to “age in place” in their homes and their communities. They like their communities and they like their doctors. They also like living near their friends and their family members. These social connections actually contribute to the health and wellbeing of older adults. Massachusetts offers…
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Handling Your Parent’s Estate After They Die
Losing your parent is an incredibly emotional experience. Add to that the fact that you need to manage their estate, and you’re suddenly in a position that can feel overwhelming. We’ve created this article to give you some helpful guidance. There are steps you need to take in the weeks that follow your parent’s death…
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Make Sure You Share this Information with Your Estate Planning Attorney
The goal of any good Massachusetts estate planning attorney is to create the best estate plan for you and your situation. That means that the estate planning lawyer asks for details like what assets you have, who your beneficiaries are, and what your goals are for your estate plan. But it’s also important to tell…
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Essential Incapacity Planning Documents
Estate planning is far more than deciding who will get your assets when you pass on one day. Through smart estate planning, you can protect yourself in case you become incapacitated temporarily or permanently. Being “incapacitated” means that you no longer have the ability to understand and appreciate the consequences of your actions to make…
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5 Ways to Stay Connected to Your Grandchildren During COVID-19
The connection between a grandparent and their grandchild is a special one. Grandparents can offer wisdom to help guide their grandchildren and they have many stories about their own life experiences to share. They’re also a great source of information about the history of the family. The younger generation provides their grandparents with details about…
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5 Ways to Gift Money to Your Grandchildren
The relationship between a grandparent and a grandchild is a very special one. As a grandparent, you want to do what you can to give your grandchild a good life. Many grandparents want to give money to their grandchildren to help them in one way or another. The good news is that giving away the…
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How Can I Avoid the Massachusetts Estate Tax?
Massachusetts imposes an estate tax on all estates with assets of more than $1 million. The Massachusetts Department of Revenue says that you have to file an estate tax return and pay estate tax if the gross estate exceeds $1 million, including adjusted taxable gifts. If you want to get around paying estate tax to…
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If You Have Young Children, You Need an Estate Plan
As parents, we want to protect and support our young children. If I see my 2-year-old Eloise in a situation where something could cause her harm, I jump into action. That’s what an estate plan can do — it can be used to protect and support your children. It’s sad to think that perhaps one…
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