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August 2018 Archives

Preparing for an IRS audit

If you have an estate plan or trust, you may face being audited by the IRS at some point. This should be no cause for concern, but it should mean that you take the audit very seriously and that you prepare as much as you can.

Avoiding probate: The true cost of not having an estate plan

There are times when people may pass away without an estate plan or not have a fully funded revocable living trust. In those cases, the courts have no choice but to place assets into probate. While some may have designated beneficiaries, like life-insurance policies, others, like homes or vehicles, may not be included in any will or other estate documents.

How do I revoke a will in Massachusetts?

In everyone's life, things change over the years. Relationships form and dissolve, and as time goes by, you may realize that the will you made decades ago no longer adequately reflects your wishes. Therefore, you may want to change your will or revoke it completely in order to make a new one.

Why estate planning should start in your 20s

Many people think that estate planning is something to be considered when you reach retirement age. However, the best way to plan your estate is to do so throughout your lifetime. This will help you ensure that your loved ones will benefit from your wishes for them in the event of a tragedy.

Going through the probate process without a will

If a person passes away and they have not made a will at the time of their death, they are referred to under the law as dying intestate. When a person dies intestate, the probate court usually deals with the situation, and there are certain benefits to this.

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Casey & Lundregan, P.C.
71 Washington Street
Salem, MA 01970

Phone: 978-224-8893
Toll Free: 800-785-3588
Fax: 978-745-3607
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