The word "fiduciary" derives from the Latin word for faith or trust. And in essence, a breach of fiduciary duty involves a breach of trust. "Trust" is also a legal term for a property right that one party exercises for the benefit of another. Those who exercise such...
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Year: 2013
Long-term care: sticker shock and available alternatives
On Behalf of Cushing & Dolan, P.C. | Mar 13, 2013 | Elder Law
Long-term care insurance: the very words summon up a range of emotions in families trying to make intelligent choices to plan for future care. It's a product whose value is so unpredictable that it's rather like a riddle for all concerned. How could something be at...
James Brown estate litigation shows importance of testator’s wishes
On Behalf of Cushing & Dolan, P.C. | Mar 4, 2013 | Estate Planning
Why is it important to make sure your estate planning documents are in order? For a reminder, one need only look to the recent case of the legendary singer James Brown. The estate of the man often called "the godfather of soul" has been the subject of contentious...
Healthcare proxies in Massachusetts: doctors see the value
On Behalf of Cushing & Dolan, P.C. | Feb 25, 2013 | Estate Planning
Lawyers who help clients with estate planning are clear in their message about the importance of getting a health care directive in place. Sometimes called a living will, these documents help to guide care decisions when someone no longer has the capacity to do so for...
Pet trusts: Massachusetts is one of 46 states to allow them
On Behalf of Cushing & Dolan, P.C. | Feb 21, 2013 | Estate Planning
Pets play an incredible role in many people's lives. The companionship and affection they provide is not only valuable in its own right. It also is remarkably beneficial in reducing stress and providing emotional support in an often-lonely world. What happens,...
Estate planning tools for transferring assets to parents
On Behalf of Cushing & Dolan, P.C. | Feb 14, 2013 | Elder Law
Generational transfers of wealth do not only go one way. To be sure, the usual pattern is parents passing along assets to children and other heirs. This is done through wills, trusts, gifts and other estate planning devices. With people living longer than ever,...
Estate planning for single people: remember it’s important
On Behalf of Cushing & Dolan, P.C. | Feb 8, 2013 | Estate Planning
Historically, discussions of estate planning have tended to most often involve married couples or the needs of families. Single people have often been overlooked. With so many adults who are unmarried, however, an emphasis on estate planning that includes single...
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