How To Support Your Favorite Charities With A Donor-Advised Fund The holidays are a time of charitable giving. The joy and warmth that surrounds the weeks leading up to the new year leaves many of us in a more generous spirit. In fact, most charities receive the bulk of their annual donations during the [...]
Massachusetts Estate Planning Statistics As the old adage goes, “If you fail to plan, you plan to fail.” Planning your life and day to day activities is important, but planning needs to extend beyond your life. Putting an estate plan in place ensures that your estate is distributed without conflict, headache, or burdening tax [...]
How Do You Protect Digital Assets & Social Media Accounts After Death? From how we access our money to where we store our photographs, many aspects of life that used to involve in-person interactions and tangible property now exist online. As a result, the concept of “digital assets” has become mainstream, and these digital [...]
Who Is an Executor (Personal Representative) of a Will and What Are their Duties ? Serving as the executor (known in Massachusetts as a Personal Representative) of a loved one’s estate is an important task that carries a number of responsibilities. As a result, while almost anyone can serve as an executor (with the [...]
Divorce Considerations for Massachusetts Estate Plans Going through a divorce is an important time to revisit your estate plan. Whether you prepared your estate plan before or during your marriage, there are a number of provisions that potentially need to be changed, and not updating your plan could result in undesirable consequences during your [...]
What Happens if You Die Without an Estate Plan in Massachusetts? When is the right time to prepare an estate plan? Do you really need one at all? If you are like most people, these kinds of questions are the reasons why you do not currently have an estate plan in place. While there [...]
The Complete Guide To The Massachusetts Probate Process When an individual passes away, they leave behind property (houses, cars, bank accounts, retirement accounts, etc.) that will need to be distributed to family, friends, and creditors. Fortunately, property distribution isn’t a chaotic and unorganized affair. In fact, there is a legal process for administering property [...]
How to Incorporate Young Children into Your Massachusetts Estate Plan While it is important for people of all ages and with all types of family circumstances to have an estate plan, for parents, estate planning takes on heightened importance. We recently discussed some special considerations for parents whose children are entering adulthood. In this [...]
Estate Planning For When Your Kids Leave The Nest (Or When You Leave The Nest) Estate Planning For Your College-Aged Child Leaving The Nest It’s mid-summer and Massachusetts has been graced with a great stretch of beautiful weather. As the summer winds down, parents will begin to start sending their children off to college. [...]
Estate Planning for Massachusetts Biotech Investors, Executives & Founders As a biotech investor, executive, or company founder in the Cambridge, MA area, planning your estate involves some unique practical and legal considerations. From ensuring business continuity to protecting your valuable intellectual property (IP), as you work through the estate planning process it will be [...]
