Once you’ve created your estate plan, it’s helpful to do something called a “letter of instruction” to provide your heirs with guidance they can use
Yes, there is a component of estate planning that’s about the distribution of your assets to your beneficiaries. Who gets what money, who gets the
Certain assets like annuities, life insurance, IRAs, and employer-sponsored retirement plans (401[k], 403[b], etc.), allow you to name a designated beneficiary—that is, the person who
Now that you’ve created your estate plan, you have the peace of mind of knowing that your family and your assets are protected. But don’t
“The only thing predictable about life is its unpredictability.” –Quote from the movie “Ratatouille” Current health concerns have clearly demonstrated how unpredictable life can be.
It’s no secret how important it is to have an estate plan. Without an estate plan you leave important decisions up to the state and
What happens if you die without having any estate planning in place? That’s called dying intestate and your property will go through probate and be
It’s always important to review your estate plan when a new law comes into effect that could significantly impact the planning you’ve done. The Setting
An executor (known as a “personal representative” in Massachusetts) is named in the Last Will and Testament, and that person is responsible for managing the
Simply having an estate plan doesn’t mean that there won’t be any family disputes over your estate. If a trust or will isn’t written with
