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April 2015 Archives

Robin Williams’ estate plan failed to cover important issues

The fact that the heirs of the late Robin Williams are now battling over their inheritances in court is no laughing matter. As the Hartford Courant pointed out in a recent article, while Williams’ estate plan was tax efficient, it may have been lacking in other areas.

Common reasons for removing a trustee from a trust

Choosing a trustee is an extremely important decision that many Massachusetts residents put a lot of thought into. Unfortunately, despite your best efforts, the trustee you initially appoint does always end up being your best advocate. But just because you aren't thrilled with something your trustee did, should you seek to have him or her removed?

Gifting of money as an estate planning tool

Estate planning and taxes are inseparable. With the idea of preserving assets within the estate, there are a number of considerations going into this including estate taxation, creation of powers of attorney, wills and trusts, and the possible setting up of guardianships. We must consider all of these items when putting together an estate plan meeting all of your goals.

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