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Posts tagged "Estate Planning"

Life expectancy keeps falling for men and women

Need another reason to do your estate planning? You may not have as long as you think. The life expectancy in the United States, in a concerning trend, has been falling in recent years. While women do tend to live longer than men, both groups have seen their life expectancy fall.

What quick succession in death has to do with estate planning

When former President George H.W. Bush, a Massachusetts native, passed away in November, he joined his beloved wife, Barbara, who died in April. It isn't uncommon to see couples who have been married a long time – the Bushes were wed for 73 years – pass away in quick succession.

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 Massachusetts, it is a good idea to start by speaking with an estate planning attorney.

The tax benefits of starting a charitable trust

When you think about the legacy that you want to leave at the end of your lifetime, it is likely that you have considered leaving a portion of your estate to a certain charity. If you have contemplated this idea but up to now have refrained from taking action, it is important to know that setting up a charitable trust might be simpler than you think. In addition, it may benefit you from a tax perspective.

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