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Kelly Clarkson’s Blended Family: What She Needs to Consider

Starting a new family is always exciting and even a tad scary. This natural apprehension can be enhanced when a couple creates a blended family. Bringing children from different parents together presents challenges - and those challenges are multiplied when the couple have new children of their own. Former American Idol star Kelly Clarkson recently added a new baby to her family. Kelly and her husband, Brandon Read More

Medicare Facts For You, Your Parents

People who are nearing the age of 65 should be making plans for the transition from private health care to Medicare. It is not a simple process or one that happens automatically. You have to initiate the enrollment process at a specific time or suffer a monetary penalty. It is important to understand that applying for Social Security benefits and enrolling in Medicare are two totally different things. Don't confuse Read More

Five Valuable Traits a Child Can Learn from Working Parents

Those of us who work sometimes feel that we are doing our children a disservice. Sure, we bring home a paycheck that benefits our children, but we may miss their activities and other aspects of their daily lives. This can be especially true in two-earner families. But in addition to greater financial security, our jobs provide opportunities for our children to learn many other life skills that they can use throughout Read More

Financial Myths About Getting a Divorce

If your marriage is on the rocks, one of your many worries is probably the impact divorce will have on your financial life. An attorney can support you with a thorough analysis of your assets and understanding of the financial impact of a divorce, but first read these three widespread myths of the financial impact of divorce. My Money Is My Money, and Your Money Is Your Money Some people believe that if they keep Read More

5 Financial Planning Tips for Expecting Parents

by guest blogger,  Kristin McFarland, of Darrow Wealth Management There’s a lot to do when you’re expecting a child. But before you plan the baby shower, consider these tips for a fiscally friendly family. Many new parents are caught off guard by new financial obligations. If you’re expecting a child or looking to grow the family, it’s important to start preparing now. Get started with these financial tips for new Read More

Talking with Your Family About Your Estate Plan

Is it time to have “the talk” with your kids?  We’re not talking about a “birds and bees” talk but one that is equally important, perhaps more so. Everyone has concerns about what will happen when they die.  Some people worry about their homes, cars, or money.  Others worry about their children.  Rare, however, is the person who actually wants to talk about these things with their families. Opening these Read More

Pets in Your Will

For those of us who have pets that would be left behind after we die, there may be a desire to make arrangements for their well-being. Making provisions for pets in your will can only be done through the establishment of a trust. Pets are considered property and, as such, cannot be left money or property directly. A trust is an entity that is established to receive and hold money and property for the benefit of Read More

Five Strategies For Paying For College When Money Is Tight

Everyone knows how important it is to have a college degree… As a parent, you know that providing your children with a college education is one of the best things you can do to ensure their future. Yet, in a recent Gallup poll, 70% of the parents surveyed admitted they have no idea how they’re going to pay to send their children to college. And it’s not just that money is tight. Tuition and fees are rising 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