What Exactly is an “Estate” and What is Yours Worth?
Your Massachusetts estate is basically everything you own, including money that would be generated upon your death (like life insurance). Some people think that their
Your Massachusetts estate is basically everything you own, including money that would be generated upon your death (like life insurance). Some people think that their
A life estate deed in Massachusetts is a deed in which two or more people each have ownership of real property, but they have it
Planning for your incapacity is an essential part of Massachusetts estate planning. Being “incapacitated” means that you no longer have the ability to understand and
Whether you choose to do a Massachusetts revocable living trust or a will, you’ll be naming at least one or more beneficiaries — people entitled
Of course, the easiest plan is to leave your adult kids equal amounts of inheritance. That way, there are no misunderstandings or bad feelings. But
Medical care: You might not be cared for the way you want Nobody wants to think about it, but what if you become incapacitated and
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
“Gray divorce” is a term referring to the demographic trend of an increasing divorce rate for older couples in long-lasting marriages. According to the Pew
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