Author Archives: Jay Butchko
Should I Plan For My Funeral As Part Of My Estate Plan?
Planning ahead for the future often means making some difficult decisions—especially about what happens after you pass away. For that reason, including funeral and burial arrangements in your estate plan can ease the burden on your loved ones during an emotionally challenging time. Indeed, thoughtful funeral planning is a final act of care that… Read More »
Why Do People Plan To Avoid Probate In Massachusetts?
Probate is a court-supervised process through which a deceased person’s estate is finalized. It is governed by state law. The Massachusetts Uniform Probate Code regulates probate in the Commonwealth. You may be wondering: Why do so many people make a plan to avoid probate? The short answer is that probate can be a long,… Read More »
Three Lesser Known (But Still Common) Estate Planning Mistakes To Avoid
Every adult should have a comprehensive estate plan. Your estate plan should be customized to meet your specific needs. A cookie-cutter estate plan is simply not good enough for you and your family. Even people who know a lot about estate planning still often make errors. Here, our Boston estate planning attorney highlights three… Read More »
Elder Law Planning: What Seniors Should Know About MassHealth
Long-term care planning is an important part of estate planning. Medicare provides only very limited coverage for long-term care needs. Medicaid or MassHealth is the public program that provides long-term care support. Here, our Norwood elder law attorney explains the most important things that seniors in Massachusetts should know about the MassHealth program. What… Read More »
Five Estate Planning Tips For Family Business Owners In Massachusetts
The Small Business Administration (SBA) explains that a company is considered to be “family owned” when “two or more family members own the majority of the business.” There are many family owned and operated small and mid-sized businesses in Massachusetts. As a family business owner, it is imperative that you take a proactive approach… Read More »
What Are The Benefits Of Setting Up A Revocable Living Trust In Massachusetts?
A revocable living trust is one of the most popular estate planning tools. Although they are not right for every situation, many people and families can benefit from a living trust. At Fisher Law LLC, we provide solutions-focused, personalized estate planning representation. Here, our Boston estate planning attorney highlights the advantages of setting up… Read More »
What To Know About Pour-Over Wills In Massachusetts
Do you have a revocable living trust? If so, you should generally also have a pour-over will. A pour-over will is a key estate planning tool that works alongside a revocable living trust to ensure a seamless transfer of assets. At Fisher Law LLC, we help clients put comprehensive estate plans in place. Here,… Read More »
Do You Need Witnesses For A Will In Massachusetts?
To write a valid will in Massachusetts, there are specific requirements that you must satisfy. Under Commonwealth law (Mass. General Laws c.190B § 2-502), a will should be “signed by at least 2 individuals, each of whom witnessed either the signing of the will.” Here, our Boston estate planning attorney explains what you should… Read More »
Estate Planning: What Is Ademption?
What happens if you left property in a will that the testator—the person who wrote the will—no longer actually owns? In Massachusetts, this issue is referred to as ademption. It happens more frequently that many people realize. Here, our Norwood estate planning attorney explains the key points to know about ademption in Massachusetts. Ademption:… Read More »
How The 5 x 5 Rule Helps To Preserve The Value Of A Trust
Trusts can be extremely effective estate planning tools. It is not uncommon for people to put restrictions on trusts that are designed to protect the value. The 5 x 5 rule is a provision in trust law that allows a beneficiary to withdraw the greater of $5,000 or 5 percent of the trust’s assets… Read More »