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Making Plans with Your New Grad in Mind

Congratulations! Your child has recently graduated high school or college and is ready to start moving out on their own! While this stage of life certainly comes with many mixed emotions, most parents are proud to see their children entering adulthood and “leaving the nest.” You’ll certainly have some extra free time (and quite possibly, extra free money) in the years to come! Time and money aside, you still want to Read More

Announcing our 2019 Summer Referral Giveaway!

Summer Family Fun is as easy as 1-2-3! Download and print a flier.  Between now and Sept. 6th, tell your friends about how easy it was to plan with us, and have them mention you when they email us at info@parentsestateplanning.com, or call us at 978-263-6900. When they meet with us (between now and Sept. 20th,) you'll win a Kimball Farm Family Four Pack! There is no limit to the number of times you can Read More

Understanding the Responsibilities of a Trustee

Whether setting up a legal trust or being asked to serve as a trustee, it is essential to clearly understand the rights and responsibilities of the trustee role. When a legal trust is created, a person or an institution (such as a bank or law firm) must be named as the trustee. This individual or entity will have control over the management of the assets contained within the trust, making clear the need to fully Read More

Your Money, Your Independence. Guard(ian) Your Blindside.

Guest Blogger, Glenn Brown, CFP, CRPC, is the owner of Plan Dynamics, LLC. As a parent, you do dozens of things daily to ensure your child’s well-being and personal growth. Think of your instructions for a babysitter to ensure fun, consistency and safety. While out for a date night with your spouse, what if something happened where neither of you were able to come home… ever. What now? Who ensures your Read More

Asset Protection Planning – When Is It Right For You?

Whether you are creating your first estate plan to protect your young family, or you are thinking about retiring and need to review your existing plan, you may need to incorporate asset protection into your estate planning. Asset protection planning allows you to take measures to protect your assets from the most common risks that many people experience. Keep reading to discover the different risks to your assets Read More

Essential Legal Planning for your ‘Young Adult’

Parents: Is your “baby” an adult now?  As high school graduation approaches, you and your child may be planning for college, meeting next year’s roommate, selecting the fall semester’s classes, and our daughter Sadie’s favorite: shopping! Graduation is a moment to celebrate your child’s achievement (and your own)! It can be a fun and exciting time. It is also the time for you to face the cold, hard fact: Your “baby” Read More

5 Things a Will Can’t Do

When people think about how to prepare for their death, their first thought is often to create a Will. While having a Will is enough for some people, having just a Will is often not sufficient enough to accomplish the goals that you may have for the future of your family. Understanding the things that a Will cannot do for you and your family will help you understand your options and what kind of estate plan is right Read More

Naming a Guardian? Avoid These 6 Common Mistakes

Who you name as a guardian for your minor child is one of the most important decisions you will make when you are creating your estate plan. After all, you don’t want just anyone taking care of your child if you die or become incapacitated. You want the people whom you know, love and trust to be there to care for your children should the unthinkable happen. While it is easy to fall into “it-won’t-happen-to-me” Read More

A Brief Overview of Powers of Attorney

None of us like to think about the possibility that one day we may be incapacitated or no longer able to care for ourselves. In Massachusetts, there is something called a Durable Power of Attorney (POA) which allows another person or entity (that you designate) to act on your behalf. This individual/entity is your “Attorney-in-fact” or “Agent.” You are entrusting them with the power to make crucial life decisions if Read More

A Little Tough Love: You Need to Select Guardians for your Kids, or Someone Else WILL.

Ok, let’s get right down to it, and talk about the reason you’re reading this article: your children. What would happen to your children if something happened to you? Do you know? Do you really know? It’s been my personal mission- and our firm’s driving force- to make sure that every child in the Commonwealth is protected, should the unexpected occur, and that parents have all the knowledge and tools needed to Read More

The Parents Estate Planning Law Firm, PC is a unique estate planning law firm serving families in Massachusetts. Our team is committed to helping parents at all stages make sure their loved ones are completely protected if the unexpected happens, while making things as easy as possible for their families.

31 Nagog Park, Suite 301, Acton, MA 01451 | 978-263-6900 | info@parentsestateplanning.com | www.ParentsEstatePlanning.com