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Your estate plan vs. your beneficiary designations

On behalf of Cushing & Dolan, P.C. | Nov 17, 2020 | Estate Planning

Your estate plan is, in your mind, the final word on what should happen to all the assets that you own. It gives you the power to divide your estate between your heirs and other beneficiaries. Doing that the way you want to do it is very important to you. However, you...

Don’t hesitate to update your estate plan

On behalf of Cushing & Dolan, P.C. | Oct 12, 2020 | Estate Planning

There’s nothing better than the feeling you get when you first create an estate plan. Even if it was a difficult process, it’s nice to know that you have a plan in place to protect you, your loved ones and your estate as a whole. But then something happens. As the...

Is it time to review and alter your estate plan?

On behalf of Cushing & Dolan, P.C. | Aug 6, 2020 | Estate Planning

When creating an estate plan, the only thing you can do is make the best possible decisions at that particular time. However, you should come to grips with the fact that you may need to review and alter your estate plan at some point in the future. There are...

Oral wills often don’t hold up

On behalf of Cushing & Dolan, P.C. | Jul 17, 2020 | Estate Planning

A deathbed will is a set of oral instructions given by the dying party to someone else in the room. That person then becomes, in some cases, the only one who knows what that person wanted to happen with their estate. But that’s not the only time when an oral will may...

The majority of people still don’t have an estate plan

On behalf of Cushing & Dolan, P.C. | May 8, 2020 | Estate Planning

The United States is one of the wealthiest countries in the world. Much of this wealth is going to be passed down from one generation to the next. Though life expectancy is now around 80 years old, everyone knows that they’ll have to address this issue eventually. ...

Ways for your estate plan to protect your closest family members

On behalf of Cushing & Dolan, P.C. | Apr 21, 2020 | Estate Planning

Taking care of the people you love is one of the main reasons you likely have for creating a last will or estate plan. You want to know that your spouse and your children or other dependents will have guidance about how to handle your estate. Additionally, if you have...

Estate planning and low-income families

On behalf of Cushing & Dolan, P.C. | Mar 11, 2020 | Estate Planning

When people think about the type of person who needs an estate plan, many likely picture a wealthy investor or a family with significant assets. However, it is imperative for low-income families to recognize the importance of estate planning as well. In fact, estate...

Trusts are an estate planning tool for almost anyone

On behalf of Cushing & Dolan, P.C. | Feb 4, 2020 | Estate Planning

When thinking about the tools they can use to express their end-of-life wishes, some people may wave off the idea of using a trust. However, this estate planning tool is not just for the substantially wealthy. Living trusts can help any Massachusetts resident...

Considering pets when estate planning

On behalf of Cushing & Dolan, P.C. | Jan 23, 2020 | Estate Planning

Many Massachusetts residents have pets that they consider part of their family. Some may love their pets as much as their children, and others may only have pets to dote on. Whatever the case, most pet owners do not want anything negative to happen to their...

Two actors whose deaths revealed grave estate planning errors

On behalf of Cushing & Dolan, P.C. | Jan 23, 2015 | Estate Planning

The rich and famous have access to the best lawyers in the country, so it always comes as a surprise when celebrities end up having error-ridden estate plans. Here are two recent examples of this: When Robin Williams passed away in August, he left behind three...
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