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On Behalf of Cushing & Dolan, P.C. | Jun 17, 2014 | Trusts
Many Massachusetts residents mistakenly believe that all they need is a will in order to protect their assets and property when they die. However, even with a valid will, the probate administration process still must take place, which is a long, expensive and public...
On Behalf of Cushing & Dolan, P.C. | Jun 10, 2014 | Wills
All lawyers in Massachusetts must follow the Massachusetts Rules of Professional Conduct, which provide the standards for legal ethics and professional responsibility. Lawyers who practice estate planning in the state must be especially careful to follow the ethical...
On Behalf of Cushing & Dolan, P.C. | Jun 3, 2014 | Wills
In the past, most people didn’t earn a significant income until well into their 40s or 50s. However, today we have plenty of young entrepreneurs who have made millions before becoming middle-aged, thanks to the tech industry. Oftentimes, these individuals are coming...
On Behalf of Cushing & Dolan, P.C. | May 29, 2014 | Estate Administration & Probate
We now live in a world where many of our most prized possessions are housed on computers, websites and cloud-based storage. Additionally, we now access many of our valuable financial accounts online, often opting to receive paperless statements and communications. But...
On Behalf of Cushing & Dolan, P.C. | May 20, 2014 | Trusts
Last week, we discussed how Massachusetts residents who care deeply about their pets can create trusts that provide for their furry friends in case they are no longer able to do so themselves. With May being National Pet Month, we wanted to explore the topic of pet...
On Behalf of Cushing & Dolan, P.C. | May 14, 2014 | Trusts
Many people in Massachusetts have pets such as dogs or cats that they consider family members. Although our furry friends don't have life expectancies as long as we would like, it is possible to be outlived by a pet. While a pet owner would like to think that someone...
On Behalf of Cushing & Dolan, P.C. | May 6, 2014 | Powers Of Attorney
Many people are put off by the idea of executing a complex and expensive estate plan, but the good news is that most people don't need one. Instead, a basic estate plan will suffice for the majority of Massachusetts residents. If you meet with an estate planning...
On Behalf of Cushing & Dolan, P.C. | May 1, 2014 | Estate Administration & Probate
The youngest members of the baby boomer generation are entering their 50s this year, which means a large percentage of the population in Massachusetts and the rest of the United States is nearing or has reached retirement age. Although people are living longer,...
On Behalf of Cushing & Dolan, P.C. | Apr 29, 2014 | Powers Of Attorney
Designating an attorney-in-fact can require the utmost caution to keep a person’s finances protected. Allotting the power of attorney can be both fulfilling and beneficial by giving individuals peace in knowing that their finances are being utilized for the...
On Behalf of Cushing & Dolan, P.C. | Apr 25, 2014 | Wills
In a previous blog post, we discussed the virtues of having an estate plan in place. Without a will or plan created before the time of death, a person’s assets and real property will be distributed according to state law -- rather than his or her wishes. After...
