There might come a time when Mom and Dad, or maybe your best friend, just can't care for themselves and you need to take care of them. Legally, that is. It's called guardianship, otherwise known as elderly conservatorship, and it happens when a court appoints someone...
How to pay for long-term care without liquidating all your assets
If you have created estate plans, you may feel like you are ahead of the game. Planning how your affairs are managed after you are gone is important, but you also need to think about what may happen as you age. According to the AARP, after people turn 65, there is a...
Check your estate plan immediately if your spouse has passed
Couples make their estate plans together, typically. And they leave their belongings to each other, then to their children as secondary beneficiaries, in most instances. It's a smart plan – if you die together in an accident or such. But, most likely, you will...
Estate tax laws in Massachusetts
Many states in the country do not collect an estate tax. However, Massachusetts is one of the few states that does. Estate tax laws can seem confusing at first glance, especially if you are new to estate planning. If you are starting to plan your estate in...
Understanding the different types of wills
When planning your estate, it is likely that you will have read about the different types of trusts. But the differing types of wills are less frequently discussed and explored. If you are looking into the different options for your estate plan, it is a good idea to...
Questions about probate after a loved one dies
Dealing with the death of a loved one can be an extremely difficult process. It is important that you allow yourself the time to grieve before undertaking the often-hefty task of administrating the estate. You may also want to ask friends and family to help you with...