Wills and trusts are both useful estate planning tools that serve different purposes, and they can work together to create a comprehensive estate plan. The
It’s estimated that 70% of people over the age of 65 will require some type of long-term care services during their lifetime. That could mean
Both revocable and irrevocable trusts protect the assets that you’ve placed in the trust from going through probate. So, both types of trusts will avoid
The Massachusetts estate tax exemption is $1M. When you die, if your estate is valued at $1M or under, you pay no estate tax. If
Appointing the right trustee is an important decision for anyone who is in the process of creating a trust. The trustee is responsible for managing
Just as no two people are exactly the same, neither are their estate plans. With all the possibilities in estate planning it’s important to know
There’s a great feeling of satisfaction that comes with giving. Being able to help your loved ones through major life events and financial transitions can
Estate planning attorneys often receive calls from potential clients requesting how much a simple Will costs. What they do not know is that a simple
Qualifying for Medicaid, called MassHealth in Massachusetts, is one of the largest benefits of using an irrevocable trust as part of your estate plan. An
Revocable trusts and irrevocable trusts are both very valuable tools in estate planning, yet their differences are important to understand to ensure you make the
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