To some people, estate planning just means creating a last will. To many others, the process involves multiple steps, including setting up a living will. Your living will is a collection of documents you make now that will protect you in the event of some kind of...
Because generations are living longer and financial planning is speculative, arranging for the costly, long-term care is an unavoidable reality. Ultimately, most Massachusettsans will rely on Medicaid for nursing care. It is incumbent on the Medicaid recipient to...
It is a conversation no one is comfortable having – discussing end-of-life decisions with your aging parents. Unfortunately, while it is uncomfortable, it is also necessary. Dying without a will or becoming ill without estate planning documents in place can lead to...
Looking after your parents as they get older can take a lot – a lot of time, effort and especially money. Getting them the care they deserve is no small task, but planning for the prices now may ease the load later. Care can be nearly unaffordable without help. An...
The last thing you want to happen after you pass away is for your children and other relatives to fight over your will. You want your estate plan to bestow your legacy upon your loved ones, not cause a lawsuit or bitter feelings between family members. Still, once you...
Your estate plan is the key to what is going to happen to your assets after you pass away. Many people don't realize that this plan also needs to cover what is going to happen if you ever become incapacitated. These end-of-life plans are just as important because they...
Once you make an estate plan, you might think that you are done. This is the case for some people. However, it is a good idea to discuss the contents of the plan with the beneficiaries so that they are aware of what's in it.Some people don't think that they should...
You knew that your loved one was getting older and was somewhat unhealthy, but you never expected them to pass away so suddenly. You and the rest of your family were doubly surprised when you discovered that they did not have a will.Dying without a will means that a...
If your parents are aging, you may have had more and more discussions with them about their estate plan and what their wishes will be near the end of their life. If you haven’t, now is the time, especially if you have agreed to be the executor of their estate....
The death of a loved one can be shocking if they passed suddenly, such as in an accident or a brief illness. You may experience another shock when you find out your loved one did not leave behind a will or other parts of an estate plan. Without a properly crafted...
