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On Behalf of Cushing & Dolan, P.C. | Feb 29, 2016 | Trusts
Even if you save prudently for your retirement years, these funds can be wiped out in a matter of only a few years if you require nursing home care because of a stroke or another unforeseen medical problem. One way to prevent this from happening is through effective...
On Behalf of Cushing & Dolan, P.C. | Dec 18, 2015 | Trusts
When it comes to estate planning matters, most parents share a goal of leaving assets to their child or children. In most cases, however, an inheritance is viewed as a means to help out adult children who are likely working and living independently and may even having...
On Behalf of Cushing & Dolan, P.C. | Nov 19, 2015 | Trusts
Life is full of surprises and unexpected changes—some good and some more unfortunate. While it's not always possible to anticipate or plan for certain events, in many cases, having a comprehensive estate plan can provide for one’s own benefit as well as...
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...
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...
On Behalf of Cushing & Dolan, P.C. | Sep 22, 2015 | Trusts
There's a lot of hype in the estate planning world about trusts and how a trust can be used to benefit both the individual who establishes it as well as the beneficiaries of a trust. Yet, for many people, there's still a lot of confusion about what exactly a trust is...
On Behalf of Cushing & Dolan, P.C. | Sep 10, 2015 | Trusts
Many people in Massachusetts are likely somewhat familiar with the estate planning tool known as a trust. Trusts are among the most effective and beneficial of all estate planning tools and they can be used to provide for one's child, favorite charity and beloved pet....
On Behalf of Cushing & Dolan, P.C. | Jul 28, 2015 | Trusts
The U.S. Census Department estimates that approximately 20 percent of the U.S. population is living with a physical or mental disability. For a parent of a child who is born with a serious medical condition or who is diagnosed with major depressive disorder, there are...
On Behalf of Cushing & Dolan, P.C. | Jul 27, 2015 | Trusts
Financial giant UBS recently released the results from a study that shows just how much the definition of "family" has changed over the years, and why that matters for the estate planning world. The study revealed that a whopping 34 percent of the high-net-worth or...
On Behalf of Cushing & Dolan, P.C. | Jun 30, 2015 | Trusts
According to the American Society for the Prevention of Cruelty to Animals, there are an estimated 75 million dogs and 85 million cats living in U.S. households. To many pet owners, a dog or cat is more than just a pet and is viewed as a member of one's family. It...