Independent living as we get older may not be the best solution. With all the choices out there, understanding each option may help make the decision easier. Here are 7 options to consider: 1) Living with family: Living with family or other...
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Caring for a loved one or parent can be really difficult, but that difficulty can be exacerbated when the loved one or parent lives far away. Recent studies show that 23% of American adults are caring for an older family member or loved one that...
It’s not uncommon for people to keep their finances secret from their children, even their adult children. They rarely share how much money they make, how much they tuck away to savings, or how much they spend in a year. However, most attorneys...
When Is a Will 'Ancient?' There may be a time when you come across an old will of someone who recently died. Perhaps it is discovered in an...
Inheriting an IRA or aiming to protect your own heirs, you've got to get the IRS involved. 1) First, do no harm. If you inherit a retirement account, don't do anything until you know exactly what rules apply. With your own IRA you can take...
The big issue sometimes in probate, is whether or not you should advise or encourage litigation. Many things such as seeking the removal of a trustee, demanding accountings, trying to dissolve the trust, etc. may all be legally justified- BUT not...
This is a guide from the Federal Trade Commission (FTC): Here's a list of what should never be shredded and should ideally be stored in a safe deposit box at the bank or in a locked box: Divorce decrees Original marriage and birth...
(Taken from The Norwood Local Town Pages August 2020) In light of the current pandemic, many Americans are becoming aware of the importance of creating or updating their estate planning documents. If you are considering writing your own will or using...
Living Will Basics Anyone 18 or older and of sound mind can make a living will. It must generally be witnessed by two adults who aren't responsible for your medical care or related to you by blood, marriage or adoption. A living will only...
A case before the Supreme Judicial Court could have a devastating effect on assisted living facilities in the state. The issue is whether the facilities are subject to the requirements of the security deposit statute that covers landlords and, if so,...
