The list of major estate mistakes and poor choices is almost infinite. Here are some of the mistakes that are frequently made. 1). NOT HAVING A PLAN Not having a will means that at your death the distribution of your assets will be dictated by the...
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I Think I Have Coronavirus Symptoms. Should I See a Doctor or Self-Quarantine? April 13, 2020 Feeling under the weather is never fun, and it can be especially scary now during the COVID-19 pandemic. Is your cough just a minor cold or is...
Last night, while I attended a financial meeting (wearing masks and being socially distant) I was speaking to a woman next to me and we were talking about today's environment, etc. I casually asked her if she had a will. She looked at me a little...
For those of us who practice trust law, there practically is nothing more important than making sure the trusts we draft meet all the legal requirements of a trust. If we omit or improperly draft certain provisions, the client's wishes could go...
Here is a guide from the Federal Trade Commission (FTC) for getting rid of some of that extra paper clutter and free up some shelf and cabinet space: Immediately shred – All sales and ATM cash withdrawal receipts, utility bills, credit card...
HOW DO I PROTECT MY CHILDREN'S INHERITANCES? The best way to protect your children's inheritances is by setting up a Revocable Living Trust and having your children receive their inheritance within a sub-trust of your Revocable Trust....
Mass Lawyers Weekly Newspaper (August 31, 2020) "This Week's Decisions" Where a plaintiff has filed a complaint against her deceased ex-husband's estate for payments allegedly due under the parties' divorce judgment, the...
This Week's Decisions: Mass Lawyers Weekly (August 31, 2020): Where a judge removed a plaintiff as a beneficiary of a trust, finding that the plaintiff had forfeited his right to the trust assets under the trust's "no contest"...
Many older people own hugely appreciated homes but are short of cash. A side effect of large appreciation is the fact that selling the property to raise cash will trigger a gain well in excess of the federal home sale gain exclusion (up to...
If you already have a last will and testament, then you are among the minority of the population. Great planning! However, for those of you who do not have a will, we understand some of the reasons why you hesitate to formally plan your...
