We’ve previously discussed some of the estate planning challenges that parents with more than one child face when it comes to inheritance matters. Often, parents wish to be as fair and equitable as possible when leaving assets, property and personal belongings...
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Estate Administration & Probate
It’s time to start talking to aging parents about their estate planning
On Behalf of Cushing & Dolan, P.C. | Mar 16, 2016 | Estate Administration & Probate
Many individuals who are in their 30s, 40s and 50s may have concerns about their aging parents' health and general wellbeing. While completely normal, too often adult children fail to voice their concerns directly with a parent until a major health or life event...
Options for protecting inherited IRA assets
On Behalf of Cushing & Dolan, P.C. | Jan 28, 2016 | Estate Administration & Probate
For many people, saving for retirement is a chief and ongoing concern. In addition to a 401k, a Roth IRA is among the most common and beneficial financial vehicles used to save for retirement. A Roth IRA provides not only tax-savings benefits, but there are also no...
What information should I discuss with my estate planning attorney?
On Behalf of Cushing & Dolan, P.C. | Jan 25, 2016 | Estate Administration & Probate
By now, readers of this blog likely understand the valuable role that an estate planning attorney can play in helping you discover and achieve your estate planning goals. Still, the thought of actually sitting down with an attorney and discussing some of the most...
Devising a plan to avoid the probate process
On Behalf of Cushing & Dolan, P.C. | Jan 7, 2016 | Estate Administration & Probate
Even if you're not entirely sure what the process entails, it's likely that you've at least heard the term probate and may even know that it's something that many people take steps to avoid. According to the American Bar Association, probate is "the formal legal...
4 reasons to tell your kids about your will before its read
On Behalf of Cushing & Dolan, P.C. | Dec 24, 2015 | Estate Administration & Probate
Family is the subject of the season. It is a time for getting together and celebrating the blessings we have in life. Watching your children succeed in life is one of the greatest joys anyone can experience. Of course, you were there to support them along the way. As...
Estate planning mistakes to avoid
On Behalf of Cushing & Dolan, P.C. | Dec 23, 2015 | Estate Administration & Probate
Many of us know the importance of having an estate plan. Your estate plan can address many issues, and protect your family and preserve your assets. Despite planning for the future, mistakes in your estate plan can cause a lot of headaches in the future, as well...
What happens to your online accounts after you die?
On Behalf of Cushing & Dolan, P.C. | Dec 11, 2015 | Estate Administration & Probate
Many people don't stop to count or think about the number of online accounts they actually have. In addition to using the Internet to access banking and investment accounts you may also have one or more social media accounts, a music library you've built over the...
The repercussions of dying intestate or without a will
On Behalf of Cushing & Dolan, P.C. | Dec 3, 2015 | Estate Administration & Probate
Yes it's normal; most people simply don't like to contemplate their own mortality. But the reality is that things happen and what would happen if you suffered a heart attack or were involved in a serious car accident and died tomorrow? Have you taken steps to...
Divorce triggers important estate plan updates
On Behalf of Cushing & Dolan, P.C. | Nov 6, 2015 | Estate Administration & Probate
As readers of this blog have likely come to realize, estate planning is about much more than drafting a will. While ensuring that assets and personal belonging are distributed according to one's wishes upon death is certainly a significant part of estate planning,...
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