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On Behalf of Cushing & Dolan, P.C. | Jul 13, 2018 | Wills
Wills can come in many different forms. They are most commonly written down and formally submitted during the lifetime of the willmaker. However, not everyone makes a will formally before the end of their life; therefore, in some limited circumstances in the state of...
On Behalf of Cushing & Dolan, P.C. | Jul 6, 2018 | Estate Taxes
When a loved one passes away, it is likely that you will need to go through the probate process, which includes paying any taxes owed in regard to the estate. The current Massachusetts estate law is applicable to estates owned by decadents who passed away in 2006 or...
On Behalf of Cushing & Dolan, P.C. | Jun 29, 2018 | Estate Administration & Probate
When you start to plan your estate, it is likely that you will quickly become overwhelmed with all of the estate planning options available. It can seem near-impossible to figure out what trust or will solution will work best for you, since there are so many different...
On Behalf of Cushing & Dolan, P.C. | Jun 22, 2018 | Trusts
If you are a parent of an adult child who has proven to be inept at handling money, it can make your estate planning efforts especially challenging. For instance, suppose your two adult sons have very different personalities. Your oldest son has always been the...
On Behalf of Cushing & Dolan, P.C. | Jun 14, 2018 | Powers Of Attorney
If you've begun the estate planning process, then you've likely heard the term "fiduciary" thrown about. This word can be used to describe the duty that either an institution or a person has to protect the interests of another with the utmost loyalty, trust and...
On Behalf of Cushing & Dolan, P.C. | Jun 8, 2018 | Wills
When a person does not make a will, or when a person's will cannot be legally validated, intestate law is the name for the procedure that is put in place in order to transfer the remaining estate to the appropriate beneficiaries. This can be very difficult to do,...
On Behalf of Cushing & Dolan, P.C. | Jun 1, 2018 | Trusts
An inter vivos trust is the formal term for what is commonly known as a living trust. A living trust means that you are able to place your assets in this trust, modify the contents of the trust, and if desired, revoke the trust during your lifetime. In this way,...
On Behalf of Cushing & Dolan, P.C. | May 25, 2018 | Estate Taxes
If you have not started to plan your estate, you are putting yourself in a hole. This very well could be a hole that you never crawl out of, depending on your age or health. It is recommended that you start to plan your estate the minute you are hired for your first...
On Behalf of Cushing & Dolan, P.C. | May 18, 2018 | Powers Of Attorney
A power of attorney (POA) is a document that should form part of your estate planning toolkit. There are many different types of them, each with different purposes. One may allow you to appoint another individual to handle your finances. Another may allow you a...
On Behalf of Cushing & Dolan, P.C. | May 11, 2018 | Wills
When a couple is married, it is taken for granted that in the event of the divorce, assets will be divided. However, in the process of filing for a divorce, the question of what happens to an inheritance fund becomes more murky. Inheritances in general are considered...
