Creating the right estate plan for a business is never really easy - identifying the right succession plan and allocation of assets requires careful thought and consideration. This is particularly true for Massachusetts farming families, who have been consistently...
What does a health care proxy mean for my capacity?
All end-of-life care documents are the same, right? Well, when you are talking about probate and estate litigation matters in Massachusetts, the rules can become a little blurred. The fact is that you need specific documents to meet specific requirements - you cannot...
How recently have you updated your last will and estate plan?
Far too many Americans do not have a last will, a trust or a secure estate plan in place for when they die. In fact, according to a recent study, as many as 58 percent of Americans don't have a last will, living trust or estate plan. Without at least one of these in...
Why Millennials need to start thinking about estate planning
You are a young person with your whole future ahead of you - but is it time to think about getting your will together? Estate planning may seem like something for the old folks, but the fact is that many Millennials are entering their 30s and need to start thinking...
From Sinatra to Prince: how stars left their estates in disarray
Prince, Frank Sinatra Jr., José Fernández, Tom Clancy. In addition to being globally famous at the time of their deaths, the four stars have something else in common: each left their multi-million dollar estates in chaos. Now, heirs-and judges-are...
Understanding living and testamentary trusts in Massachusetts
Do you know the difference between a testamentary and a living trust (inter vivos trust), and how those tools can be used to benefit your estate plan? When it comes to creating and managing wills and trusts in Massachusetts, finding the right structure for your...
Many Americans don’t have a living trust or will
A new study put out by Caring.com found that most Americans either don't have a will or trust or haven't done enough to fully complete the process of getting a will or estate. About 58 percent of respondents to the survey said they did not have a will or trust in...