On behalf of Casey & Lundregan, P.C. | Nov 5, 2019 | Estate Planning
Parents may want to find someone who can care for their child if something happens to them. Often, people remember hearing when they were younger that an extended family member was their godparent. While these figures can be both a godparent and a guardian, one...
On behalf of Casey & Lundregan, P.C. | Aug 29, 2019 | Estate Planning
In many cases, a Massachusetts resident who has a trust won’t necessarily need a will. This is because the trust has many of the same testamentary capabilities as a will. However, the estate owner should remember that a trust needs to be properly funded before...
On behalf of Casey & Lundregan, P.C. | Aug 14, 2019 | Estate Planning
Estate planning may be an uncomfortable task to undertake. However, all Massachusetts residents will die at some point. Therefore, it is important to take time to determine how assets will be distributed after this happens. It can also be a good idea to think about...
On behalf of Casey & Lundregan, P.C. | Jul 31, 2019 | Estate Planning
Some trust beneficiaries in Massachusetts are capable of responsibly handling trust assets. However, others are a bit more reckless with their spending. For times when a trust creator (grantor) wants to protect intended heirs from themselves, one option is...
On behalf of Casey & Lundregan, P.C. | Jul 18, 2019 | Estate Planning
Chronic illness affects more than 130 million Americans. However, many families in Massachusetts dealing with conditions like multiple sclerosis, Alzheimer’s or Parkinson’s don’t reflect this reality in their estate plans. As a person ages, their...
On behalf of Casey & Lundregan, P.C. | Jul 5, 2019 | Estate Planning
Massachusetts residents can include transfer on death accounts in their estate plans to help their beneficiaries avoid having to go to court to resolve issues with the estate. These types of accounts can be used to move assets without having them included in a will,...
On behalf of Casey & Lundregan, P.C. | Jun 19, 2019 | Estate Planning
Individuals in Massachusetts and throughout the country typically use a will to transfer their assets upon their deaths. However, it may be a good idea to use a trust to do so instead. A trust is managed by a person or entity that has a fiduciary responsibility to the...
On behalf of Casey & Lundregan, P.C. | Jun 4, 2019 | Estate Planning
When people living in Massachusetts begin to plan their estates, they are often concerned with personal property, real estate, savings accounts and investment funds. One group of assets that is frequently overlooked is digital assets, including email and social media...
On behalf of Casey & Lundregan, P.C. | May 20, 2019 | Estate Planning
Some people in Massachusetts who open an IRA may not put much thought into the beneficiary designation or may think it is something they can take care of later. However, it is important to name the right beneficiary and update the designation as needed. A person who...
On behalf of Casey & Lundregan, P.C. | May 7, 2019 | Estate Planning
People in Massachusetts thinking about their future may consider their wills, trusts and other estate documents, but they may not turn their attention to the company benefit plans that they often signed up for on their first day of work. These benefits can be...
