There may come a time in your life when certain circumstances change: Perhaps you go through a divorce, you lose a loved one or you gain a grandchild or a new family member. In situations such as these, it is understandable that you would want to go through the process of modifying a will so that your wishes are accurately represented.
The law on power of attorneys in Massachusetts
Americans are living longer than ever, and with increased age comes additional concerns about how we will be able to live our lives with dignity and peace in our later years. As we live longer, conditions such as dementia can develop, and it can lead to a situation where a person is physically healthy, but his or her brain is not.
The difference between testamentary trusts and living trusts
Trusts should be an important part of planning anyone's estate. There are many benefits in using trusts as part of your estate plan. For example, trusts can make it possible for you to avoid the probate process, which can be both lengthy and expensive for your beneficiaries.
The laws for wills in Massachusetts
A person's final wishes for what should happen in regard to his or her estate should take place within a legally binding will. The laws in regard to wills are quite similar in every state; however, it is important to understand the slight differences in the law that the state of Massachusetts has.
