For many Massachusetts residents, designing an estate plan is a difficult but necessary action that must be taken. In most cases, this plan will help their loved ones be able to carry out the person's wishes. However, there are mistakes that are often made in the...
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Balancing heart and head in inheritance decisions
Striking the right balance between emotion and logic is often a tricky challenge when making decisions. We often conceptualize this very-human challenge as heart versus head. It's a challenge that often comes up in estate-planning contexts regarding what to do with a...
Untimely death puts focus on estate-administration issues
An untimely death can raise estate issues in very pointed ways. When death comes suddenly, to someone who is still in the prime of life, the emotional elements of the sudden loss tend to make resolving the issues even more challenging. In this post, we will discuss...
Blended families and asset transfer: the role of trusts
Divorce can greatly reshape a person's estate-planning priorities. This is true regardless of whether someone gets remarried or not. After a divorce, the arrangements regarding leaving property to a spouse are naturally in need of revision. This is particularly true...
