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On Behalf of Cushing & Dolan, P.C. | Jul 8, 2013 | Powers Of Attorney
It isn't easy for a child to watch a parent getting old. For many families, a tipping point can come when the roles get reversed: parents, who once provided the care, are now in need of it themselves. Of course, the type of care arrangement required varies from family...
On Behalf of Cushing & Dolan, P.C. | Jul 1, 2013 | Estate Taxes
Trusts and estates is one of the most traditional areas of the law. But the law regarding same-sex couples is changing fast, creating new structures that will give rise to new traditions. Last week's U.S. Supreme Court decision striking down key elements of the...
On Behalf of Cushing & Dolan, P.C. | Jun 24, 2013 | Estate Administration & Probate
There are many good reasons to put in place a sound estate plan. Certainty about the transmission of property to the desired beneficiaries in a timely manner is primary. Estate tax considerations and other factors also often play a role. In other words, people in the...
On Behalf of Cushing & Dolan, P.C. | Jun 17, 2013 | Wills
When family members begin to get older, it might be time to consider having a discussion about what they want to happen should they encounter health problems in the future. This allows the person to express their wishes about the care that they should receive, which...
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. | May 20, 2013 | Wills
A month ago, in our April 15 post, we wrote about Google's introduction of a dashboard to assist people with making decisions about what happens to their digital data after death. This could include designating someone to serve as "inactive account manager" - or, in...
On Behalf of Cushing & Dolan, P.C. | May 14, 2013 | Wills
Young people in their 20s and 30s have a lot on their plates. Finishing school, starting a family, launching a career — all are inherently challenging. Indeed, the combination of increases in the cost of college and the sluggish post-Recession job market can...
On Behalf of Cushing & Dolan, P.C. | May 7, 2013 | Estate Administration & Probate
In last week's post, we wrote about the importance of updating beneficiary designations in life insurance policies and on retirement accounts. The reason for doing so is simple: to make sure the designations continue to express the priorities of the policy or account...
