Monthly Archives: October 2023
Should I Consider A Trust For My Estate Plan?
Are you developing or thinking of creating your estate plan? If so, you may be considering setting up a trust as part of your plan. Trusts are a great choice for many people. While there is a common misconception that trusts are only for the very wealthy, trusts offer a number of different benefits… Read More »
What Is A Generation Skipping Trust (GST)?
Many people want to provide support for family members as part of their estate plan. Grandchildren are among the most common people named as heirs in Last Wills and Testaments and selected as beneficiaries in trusts. In some cases, a specialized type of irrevocable trust called a Generation Skipping Trust (GST) may be the… Read More »
Estate Planning And Beneficiary Designations: Five Tips That You Can Use
Properly designating your beneficiaries is an often underappreciated aspect of estate planning. As defined by Investopedia a beneficiary designation allows a person to inherit certain types of assets directly, outside of the traditional probate process. In this article, our Boston-based estate planning attorneys highlight five tips that you can use to plan for beneficiary… Read More »
Why A Business Succession Plan Is An Important Part Of A Comprehensive Estate Plan For Business Owners In Massachusetts
Estate planning can be complicated—especially so if you own and operate a business. A business owner’s estate plan needs to take the future of their company into account. A business succession plan is crucial. Here, our Greater Boston business succession planning attorneys explains why succession planning is such an important part of the estate… Read More »