It seems like everything else can be done on a smartphone app these days. Why not estate planning? No, you cannot draft a valid will or trust on your phone. At least, not yet. But a new app developed in Boston may help you achieve peace of mind about death, while also...
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Month: October 2015
What giving someone power of attorney really means
On Behalf of Cushing & Dolan, P.C. | Oct 13, 2015 | Powers Of Attorney
While most people regard the purpose of an estate plan as providing clear directives for how assets and possessions should be handled after one's death, a comprehensive plan must also account for the unknowns and unexpected events that may arise during one's lifetime....
What is an incentive trust?
On Behalf of Cushing & Dolan, P.C. | Oct 8, 2015 | Trusts
All parents worry about their children and ultimately want a son or daughter to succeed. When possible, most parents also want to be able to pass on wealth to a child via an estate plan. In cases where a parent has concerns about a child's career or life choices...
Using a QTIP trust to provide for biological children and a surviving spouse
On Behalf of Cushing & Dolan, P.C. | Oct 1, 2015 | Trusts
In our last blog post, we began discussing some of the benefits of trusts. Specifically we discussed a credit-shelter or family trust and why this type of trust is often an attractive option for individuals who remarry and want to provide an income stream for a...
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