There's a lot of hype in the estate planning world about trusts and how a trust can be used to benefit both the individual who establishes it as well as the beneficiaries of a trust. Yet, for many people, there's still a lot of confusion about what exactly a trust is...
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Month: September 2015
When a parent’s death ignites war between siblings
For many parents, a chief goal of an estate plan centers on providing for the financial security of one’s children. Additionally, parents often aim to ensure that personal effects are retained by and disbursed among one's children. In a perfect scenario, grown...
What are the differences between a revocable and irrevocable trust?
Many people in Massachusetts are likely somewhat familiar with the estate planning tool known as a trust. Trusts are among the most effective and beneficial of all estate planning tools and they can be used to provide for one's child, favorite charity and beloved pet....
Estate planning communication lacking between Baby Boomers and adult children
In many families, money, with regard to how much individual family members make and have, is a taboo subject. Discussing one's wealth and assets or lack thereof, can be an uncomfortable topic and this can be especially true for parents who struggle to discuss topics...
