Your Estate Planning Checklist

The death of a parent… Medical issues… Birth of a child… A milestone birthday… Any of these events can trigger the urge to put your affairs in order and plan your estate. One of the best things you can for your loved ones is to leave them an estate that’s well organized, clear cut and easy to administer. While we talk often about the need for a sound estate plan, we know that trying to plan your estate can be Read More

Saving Your Heirs From Themselves

You’ve worked hard for your money... You’ve made some good investments and lived well within your means... You want to leave as much as possible to your heirs but... That grandson has a serious snowboarding addiction... Or maybe your daughter is just crazy about her new husband and the guy hasn’t had a steady job since he mowed yards in eighth grade... You don’t want to disinherit them but how do you save them Read More

The Straight Scoop on the New Tax Law and Your Estate Plan

Tax laws are confusing on a good day… What you can deduct… What you have to claim… And with all the recent changes to the laws, it’s almost impossible to know if you’re doing the right thing. We’re hoping this will help. Here’s the straight scoop on how the new federal tax law affects your estate plan (Important Note: these are changes to the federal tax laws – Massachusetts tax laws, including the Massachusetts Read More

What Do You Know About Long Term Care and Medicaid Planning?

When was the last time you actually looked at your estate plan? Have you ever seen your parents' estate plan? Many people don't like to even think about their parents aging and the eventual need for long-term care, much less their own. Changes in Medicaid eligibility requirements have taken place in the last four years or so that make this "ostrich approach" to one of life's unpleasant facts a very expensive Read More

The 5 Documents Every Parent Needs in 2009

Today, I am passing along a true story originally published in Parents magazine. This story is repeated more often than you realize. The sad part is that this should not happen to any family... When Aliina Laine was 8, her mother died suddenly, leaving six children, ranging in age from 8 to 26, and no will. After his wife's death, Aliina's father decided to write a will, but he died of a heart attack five weeks Read More

Have You Read Paul Newman’s Will?

What's the story with Paul Newman's will? As is often the case with celebrity wills (Heath Ledger, Leona Helmsley, and Anna Nicole Smith, most recently), Paul Newman's will is posted to the Internet. You can go ahead and read it here if you're interested. There is a lesson for you in Paul Newman's will. It's this - all wills are public documents when they are filed with the probate court. Yours will be too. Now, Read More