A Living Trust, (more formally referred to as Revocable Living Trust or Revocable Trust) holds your assets in trust for your use and benefit during your lifetime; and it gives clear direction on how those assets will be distributed upon your death. One of the prime advantages of a Living Trust is that it can...
Most of us have heard of a bad experience another family had dividing up personal property after a parent died. Arguments and bitter feelings ensued when the adult children tried to figure out who should get Mom’s favorite pie plate, Dad’s trusty set of wrenches, or the painting over the fireplace. Neglecting to specify who-gets-what...
Sometimes a crisis occurs before an estate plan has been completed. In this webinar, Nurse Attorney Cathleen Summers discusses the options that may be available to help you or your loved one manage the crisis. Introduction 0:35 – The first step 2:45 – What can be done: Pre-Planning documents is preferred 3:05 – Power of Attorney,...
For many people, their house is their most treasured and valuable asset. Kids have been raised there, memories of a lifetime created, and it is only natural to want to pass the family home to the next generation and avoid probate. But is it a good idea to transfer the house to your child? The...
Probate is a time-consuming, tedious process that often tests the nerves of many family members. By Massachusetts statute, a probate case must be kept open for twelve months to allow creditors to file any claims against the estate and before final distributions should be made to the heirs. The good news is that not all...
The legal issues facing us as we age are unique and complex. An elder law attorney can help you and your family navigate the complicated financial, legal, and health care decisions of aging. Not understanding these unique needs and legal implications could result in the loss of your hard-earned life savings and may get in...
You have managed to successfully raise your family and are now enjoying your independence that the empty nest affords. You have a daily routine and are used to being in control and on your own. Sometimes, however, life throws us a curve ball. Perhaps you have recently lost your spouse, or you have been dealing...
In this video webinar, Nurse Attorney Cathleen Summers discusses how to effectively advocate for a loved one who is hospitalized. Cathleen covers the basics from what estate planning documents should be in place and how to know what your loved one’s wishes are, to more in-depth information regarding effective communication with health care providers, and...
It’s heartbreaking to comprehend losing a loved one; losing a loved one from complications of the COVID-19 virus can be even more difficult to bear. The swift and sudden onset and extreme contagiousness of the illness means patients are dying without loved ones by their side. These factors can make it especially challenging for those...
The call came into my husband’s cell phone as we were sitting down for his 50th birthday dinner: “Your father has fallen and requires emergency surgery.” Since Bob had dementia and didn’t have family in the area, the doctors immediately looked to contact his health care proxy. Fortunately, years before the dementia set in, Bob...
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