Monthly Archives: August 2023
Can An Unmarried Partner Claim Assets Through Intestate Succession Massachusetts?
When a person dies in the Commonwealth, their estate will need to be settled so that their property and assets can go to the appropriate heirs. This generally happens through a process called probate. Probate is simply the court supervised process for the transferring property ownership after someone has died. During probate, a person’s… Read More »
Can You Use Power Of Attorney (POA) To Revise Or Revoke A Will In Massachusetts?
Every adult in Massachusetts should have a comprehensive, well-rounded estate plan in place. A Will is a foundational document in any estate plan. Other documents—including a Durable Power of Attorney ( a “DPOA” or “POA”)—are also key parts of an estate plan. You may be wondering whether the person named in the DPOA, which… Read More »
Estate Planning: Does A Trust Fully Protect Assets From Creditors?
Asset protection is a core part of estate planning. When used properly, a trust can be one of the most effective and efficient asset protection tools. You may be wondering: Will a trust fully protect assets from creditors? The answer is “it depends on what type of trust you have—only some types of trusts… Read More »
Is Your Child A Current Or Soon-To-Be College Student? Four Reasons That You Should Help Them Set Up An Estate Plan
While every adult should have a comprehensive estate plan, the vast majority of adults, young and old, do not have one. A recent survey found that 8 in 10 adults under 40 lack a Will. If you are the parent of a college student or soon-to-be college student, helping them create a simple estate… Read More »