What Happens to Your Facebook Account When You Die?

If you’re active on social media, Facebook probably plays a prominent role in your life. Now the social media titan can even play a role in your afterlife. Today, estate planning encompasses not only your tangible assets—bank accounts and real estate—but your digital assets as well, such as cryptocurrency, websites, and social media accounts. Though social media may seem trivial compared to the rest of your Read More

Looking back on 20 years.

20 years. Apparently, that’s how long I’ve been running my own law firm. I honestly lost track, but my wife, Paula, didn’t. She’s been thinking about it for a while, coming up with different ways to celebrate our 20th anniversary (china, by the way). I tend to think about the firm’s anniversaries more in terms of 2008, when we shifted our focus completely to estate planning for families (10th is tin!). But still, Read More

Why I Do What I Do

When I first opened my own law firm, I was often asked why I left the security of working for an established law firm in Boston to open my own practice deep in the suburbs.  In other words, why do I do what I do?  My answer to them was always the same, simple response - I do what I do because of a sleeping baby. During the late winter of 1998, I was working at a law firm in Boston on medical malpractice, product Read More

Celebrating Our 20th Anniversary Helping Parents Protect The People They Love The Most

Acton, MA - September 18, 2018 - The Parents Estate Planning Law Firm, a boutique estate planning law firm based in Acton, announced its 20th anniversary this week. Originally founded in 1998 by Attorney David Feakes as Feakes Associates, The Parents Estate Planning Law Firm offers estate planning services exclusively, with a special focus on working with families with young children. “As a Dad myself, I believe Read More

What You Should Know About Guardianship—In Case A Parent or Loved One Becomes Incapacitated

Whether through illness, injury, or other means, anyone can require a guardian to become appointed if they become mentally incapacitated. In such cases, if there is no estate planning in place (or insufficient planning) to keep family or other loved one’s out of court, a guardianship, or conservatorship as it is sometimes called, must be established via a court process in the county probate court. Obtaining Read More

Advice for the “Sandwich Generation”

July is Sandwich Generation month. Now that I've got you thinking about turkey BLTs or meatball subs, I have to break it to you (though I bet you can already guess,) this article isn't about food.  So what is the Sandwich Generation? The average age of parents raising children in the US continues to rise, leaving many middle-aged Americans in a category commonly referred to as the the “sandwich” generation:  often Read More

Secure Your Cryptocurrency Assets With Estate Planning

One of the biggest appeals of cryptocurrency, like Bitcoin, is that it is decentralized, unregulated, and anonymous. There are no financial institutions controlling it, and unless you tell someone you own digital currency, it remains a secret. When it comes to estate planning, however, that kind of secrecy can be disastrous. In fact, without the appropriate planning protections in place, all of your crypto wealth Read More

I Don’t Have Young Kids, So Why Do I Need an Estate Plan? Part 2

Last month, we shared the first part of our series on the importance of estate planning for those without young children. If you haven’t read it yet, you can do so here. In part two, we discuss the other risks involved for those who forego estate planning. Someone will have power over your health care Estate planning isn’t just about passing on your assets when you die. In fact, some of the most critical parts of Read More

5 Common Estate Planning Mistakes and How to Avoid Them

Since estate planning involves thinking about death, many people put it off until their senior years, or simply ignore it all together, until it becomes too late. This kind of unwillingness to face reality can create major hardship, expense, and mess for the loved ones you leave behind. While not having any estate plan is the biggest blunder you can make, even those who do create a plan can run into trouble if they Read More

I Don’t Have Young Kids, So Why Do I Need an Estate Plan?

It’s a common misconception to think that if you don’t have children (or your children are adults,) you don’t need to worry about an estate plan. The fact is, it is just as important to have a plan if you don't have kids, or if they're over age 18 as it is when they are young. The specifics of your unique plan might be different, but everyone needs a plan. Some of the common thoughts behind this mistaken belief may Read More