A no-contest clause, also known as an "in terrorem" clause, is a provision that a testator or a grantor can include in their wills or trusts to prevent their beneficiaries from challenging the document's validity in court. How does it work? A no-contest clause...
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Wills
Don’t forget these 3 important items in your will
On Behalf of Cushing & Dolan, P.C. | Dec 31, 2019 | Wills
An estate plan has so many components that sometimes it can be hard to keep track of every important element. Smaller details can easily slip your mind, especially if there are more pressing matters to focus on. When creating your will, however, it’s important...
What is the difference between a will and a living will?
On Behalf of Cushing & Dolan, P.C. | Oct 28, 2019 | Wills
Wills and living wills are two estate planning documents that people often get confused. Because their names are so similar, it is easy to understand why this occurs. However, the two documents have very different purposes. A will affects how assets will be...
Making changes to an estate plan after a divorce
On Behalf of Cushing & Dolan, P.C. | Oct 2, 2019 | Wills
Going through the end of a marriage can be a stressful experience that could bring about a variety of changes in life. Individuals in Massachusetts to encounter a similar circumstances in life may wish to take every possible measure to protect their futures, but with...
Even younger individuals could benefit from having an estate plan
On Behalf of Cushing & Dolan, P.C. | Sep 26, 2019 | Wills
When individuals in Massachusetts and elsewhere think about planning for the future, many may feel the process is better suited for those who are wealthy or closing in on retirement age. However, experts indicate that having an estate plan could be beneficial...
Estate planning: Worrying about playing favorites might not help
On Behalf of Cushing & Dolan, P.C. | Sep 18, 2019 | Wills
Many individuals in Massachusetts and elsewhere may face a variety of difficult decisions while attempting to develop a strategy for the future. For parents who have multiple children, choosing who will manage their affairs when the time comes may seem an intimidating...
While having a will could be vital, is it always enough?
On Behalf of Cushing & Dolan, P.C. | Sep 11, 2019 | Wills
While many individuals in Massachusetts and elsewhere may feel it is vital to have a strategy in place for the future, they might not be always be aware of all their available estate planning options. Studies indicate that there are a multitude of individuals who do...
Addressing taxes during the estate planning process
On Behalf of Cushing & Dolan, P.C. | Sep 5, 2019 | Wills
Many individuals in Massachusetts and elsewhere may feel that one of the most intimidating aspects of planning an estate pertains to deciding how to distribute their assets. With a variety of options to explore, each of which may come with numerous potential issues to...
Knowing when to review estate planning documents
On Behalf of Cushing & Dolan, P.C. | Aug 21, 2019 | Wills
A change in circumstances can happen at any given moment and sometimes these changes can prompt a need to revisit one's plans for the future. Many individuals in Massachusetts may understand the importance of keeping estate planning information updated. However,...
Seeking advice on estate planning options for pets
On Behalf of Cushing & Dolan, P.C. | Aug 15, 2019 | Wills
Many individuals in Massachusetts and elsewhere may consider their dogs or cats as more than just pets and instead choose to treat them as members of the family. While many pet owners may wish to include their beloved pets in their plans for the future, they...
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