There are a variety of scenarios in life that may seem difficult to think about, let alone plan for. Once a person comes to grips with the idea of passing on and decides to implement a plan for the future, with a multitude of strategies to consider, he or she may find...
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Trusts
Seeking advice on the benefits of establishing a trust
On Behalf of Cushing & Dolan, P.C. | Jun 20, 2019 | Trusts
There may be a multitude of individuals who are under the impression that certain estate planning options are only beneficial for the wealthy. Unfortunately, this common misconception could lead some into choosing to avoid the process altogether. By seeking guidance...
Trust: Considering the options with changes on the horizon
On Behalf of Cushing & Dolan, P.C. | Jun 13, 2019 | Trusts
Many individuals in Massachusetts and elsewhere may consider it vital to have a strategy in place to provide their loved ones with the necessary support after they pass on. In some cases, a person may have the option to use assets stored within an IRA to provide...
Trust: Protecting the future of the kids as a single parent
On Behalf of Cushing & Dolan, P.C. | May 23, 2019 | Trusts
There may be a multitude of single parents in Massachusetts and elsewhere who consider it vital to have a plan in place to protect the needs of their children. While certain scenarios could be difficult to think about, having a strategy concerning how to provide for...
You can encourage specific actions with a trust
On Behalf of Cushing & Dolan, P.C. | May 3, 2019 | Trusts
Do you feel like you have spent your life encouraging your heirs to take certain actions and helping them become the best that they can be? Do you want to keep doing that after you pass away? There is one option. You can use a trust that offers monetary incentives...
How your heirs waste money and what you can do about it
On Behalf of Cushing & Dolan, P.C. | Mar 18, 2019 | Trusts
As you craft your estate plan, you can't help worrying about ways that your heirs are going to waste your money. The risk feels too real when you start designating assets you've worked to save up for decades, and you think about how someone else may not respect the...
Educational trusts and the student debt crisis
On Behalf of Cushing & Dolan, P.C. | Feb 28, 2019 | Trusts
You're thinking about how your assets can do the most good for your family. While estate planning is about getting everything in order, legally speaking, you know that it's also a chance to help them plan for their future. One option you may want to consider is making...
Why would a family want to set up a living trust?
On Behalf of Cushing & Dolan, P.C. | Jan 18, 2019 | Trusts
If your attorney is recommending that you create a living trust, you might want to listen to him carefully as he may have your best interests, and your family's best interests, in mind. Although a living trust won't be in the cards forever, there are some important...
When will my trust come to an end?
On Behalf of Cushing & Dolan, P.C. | Jan 4, 2019 | Trusts
A trust can own property and assets, but it's not a person, so it seems like it could live on forever -- guarding your assets for eternity or for so long as they remain. However, just like everything else, trusts must eventually come to an end too. The most typical...
How could a charitable remainder trust help my family?
On Behalf of Cushing & Dolan, P.C. | Dec 20, 2018 | Trusts
Sometimes Massachusetts residents decide that they want to do some good in the world while also receiving some benefits themselves. One way to do this is to create what's called a charitable remainder trust. This kind of trust has one or more named beneficiaries. The...
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