A Last Will and Testament (Will) and Revocable Living Trust (Living Trust) are both estate planning documents used to pass assets on to your beneficiaries at your death. Typically, for an estate planning attorney to create a proper Living Trust, the cost is more than to prepare a Will. When debating whether you should utilize...
It is undeniable that we are a digital economy. According to Pew Research Center, approximately 87% of our population uses the internet. This means that an overwhelming majority of Americans are relying on electronic networks for regular methods of communication, organization and life management. We use our on-line life for so many things: family photos...
Last week I had an opportunity to sit with a new client who said it had been several years since he had reviewed his estate plan. During that time he had lost his wife and one of his children had married and had a child. As part of our review process, we look at his...
In today’s (February 7, 2019) Boston Globe, a heartbreaking story made the front page. The story is about a family who has been living in the same home for almost 40 years in Cambridge, Massachusetts, and is now facing the loss of the home due to the death of their patriarch. Several generations of this...
Going to the hospital for a procedure can be stressful and, at times, confusing. A hospital will usually ask you if you have a Health Care Proxy (HCP) in place. If you do not have an HCP, or are unsure, they will ask you to sign a simple Massachusetts HCP form. As you are probably...
You may be a little bit older and wiser, but marrying again is still full of excitement and anticipation. However, second marriages, particularly if there are children involved from your previous marriage, present their own unique issues when it comes to your estate plan. Even in the best of “step-family” situations, allowing your new spouse...
We speak with our clients often about the importance of good estate planning – making sure that they have their Last Will and Testament (Will) in place, as well as their other documents such as Durable Power of Attorney, Health Care Proxy, Living Will and HIPAA Authorization and Release Form. However, just as important as...
The holidays are a time when families and friends, who come from both far and near, have a chance to gather and reconnect. This can mean visiting with a loved one that you may have not seen for an extended period of time. Age-related decline can happen quickly and, in many cases, seniors are skilled...
Have you ever considered what would happen to your pets if they were to outlive you? What will happen if you unexpectedly need to go into a hospital? One study by the ASPCA estimated that between 5 and 7 million companion animals enter shelters every year due to the death of their owners. This number...
Scheduling a vacation requires much thought and planning. It may involve booking an air flight and hotel room, arranging for a rental car, making sure you have lined up activities for everyone. You plan in order to ensure that you and your family are taken care of and to ensure that nothing goes wrong.Taking care...
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