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On Behalf of Cushing & Dolan, P.C. | Dec 16, 2013 | Trusts
It's been a few months since we last addressed how disability issues can affect estate planning decisions. In our July 31 post, we wrote about how special needs trusts can be one way to provide for people with disabilities. As we noted in that post, it is also...
On Behalf of Cushing & Dolan, P.C. | Aug 26, 2013 | Trusts
Charitable giving is an important activity for millions of Americans. And for many people, this includes not only gifts while living. It also includes setting up charitable trusts or using other ways to give money or other assets to charity after death. Members of the...
On Behalf of Cushing & Dolan, P.C. | Aug 20, 2013 | Trusts
Trusts are very flexible instruments. There are many different types of trusts and they can be used for many different purposes. And so the flexibility they provide is one of the recurring themes of this blog. One of the latest ways in which this flexibility is...
On Behalf of Cushing & Dolan, P.C. | Jul 31, 2013 | Trusts
It isn't easy being a parent. Even if all goes well, taking care of a child requires a major commitment of time, energy and money. But what happens when a child has special needs? When that is the case, parents need creative strategies to make sure that a child...
On Behalf of Cushing & Dolan, P.C. | Jul 15, 2013 | Trusts
Trusts are creative instruments designed to respond intelligently to specific situtations. They've been around in various forms for hundreds of years. But the effectiveness of particular types of trusts varies over time. A current example of this is the qualified...
On Behalf of Cushing & Dolan, P.C. | Jun 10, 2013 | Trusts
People with special needs do not only need lots of hands-on care. They also need intelligent strategies for an appropriate party to manage the money available for their care. In practice, this may mean helping a disabled individual by setting up a special needs trust....
On Behalf of Cushing & Dolan, P.C. | Jun 3, 2013 | Trusts
When aging and chronic health concerns are involved, there is no easy answer to estate planning questions. If the ability to perform daily tasks becomes badly compromised, long-term care may be necessary. But as we discussed in our March 13 post, the sticker shock...
On Behalf of Cushing & Dolan, P.C. | May 28, 2013 | Trusts
One of the themes of this blog is that estate planning is not a one-and-done activity. To be sure, for a married couple it may seem straightforward to simply leave everything to each other. After all, that is what a tenancy by the entirety is intended to do for...
On Behalf of Cushing & Dolan, P.C. | Apr 8, 2013 | Trusts
Life never stands still. Even when you have crafted an estate plan that makes sense for you and your family, it's only natural that changes will come up. This doesn't mean there was anything wrong with your earlier planning. It simply means that life is dynamic and it...