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On Behalf of Cushing & Dolan, P.C. | Feb 14, 2019 | Wills
People make a lot of mistakes when they do their estate planning, but one of the most common ones is that they don't do it often enough. They make the plan, but they fail to update it or look at it again. They simply trust that it's going to work. It might, but this...
On Behalf of Cushing & Dolan, P.C. | Feb 8, 2019 | Wills
Writing a will and drafting an estate plan is something that you want to take very seriously. It has a drastic impact on your family after you pass away. With that in mind, here are five key steps: Choose who you want to leave your assets to. These individuals are...
On Behalf of Cushing & Dolan, P.C. | Feb 1, 2019 | Estate Taxes
You've worked all your life to build what you have. You spent years in school, internships and working your way up the corporate ladder to get where you are today. Don't let all of it come crashing down after you are gone by facing high taxes on your estate. Today, we...
On Behalf of Cushing & Dolan, P.C. | Jan 25, 2019 | Wills
One of the worst mistakes you can make in life -- from an estate planning perspective -- is to try to draft a last will and testament by yourself. There are just too many pitfalls that the untrained testator can experience when trying to draft a will without...
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...
On Behalf of Cushing & Dolan, P.C. | Jan 11, 2019 | Powers Of Attorney
People don't create a living will in order to "do" something. Rather, a living will is designed to give helpful information and set rules and guidelines to be followed by medical practitioners and family members when someone receives care but no longer has the mental...
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...
On Behalf of Cushing & Dolan, P.C. | Dec 28, 2018 | Estate Administration & Probate
Nobody likes probate proceedings because it takes time to complete, and it can represent an additional expense after your loved one dies. However, the probate process is usually going to be necessary and -- to a certain extent -- unavoidable. With a sound estate plan,...
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...
On Behalf of Cushing & Dolan, P.C. | Dec 12, 2018 | Powers Of Attorney
If you're still married to the parent of your children, then protecting your children's inheritance won't be a primary concern, since your spouse (the kids' other parent) will leave your assets -- and what's left of your marital estate -- to them after death. On the...
