Recent Blog Posts
Estate Planning In Massachusetts: Can I Name My Minor Child As The Beneficiary For My Retirement Account?
For many people, their retirement savings—401(k), IRA, etc—is amongst their most valuable assets. It is important to consider your retirement accounts when developing an estate plan. You may be wondering: Can I name my minor child as the beneficiary on my retirement account? In Massachusetts, the answer is “yes”—but some unique issues can apply…. Read More »
Where Should I Keep A Copy Of My Estate Plan?
As an adult in Massachusetts, you should have a comprehensive estate plan in place. Estate planning is important. It is crucial that your family, friends, and other loved ones know how to access your estate plan when the time comes. This raises an important question: Where should I keep a copy of my estate… Read More »
How Do I Identify My Estate Planning Goals?
Are you working to develop your estate plan? Estate planning is important. It is also a fundamentally personal process. Your estate plan is your opportunity to achieve your goals. This raises an important question: How do I identify my estate planning objectives? The answer is that you should take time to evaluate your specific… Read More »
Know The Advantages Of A Revocable Living Trust
Are you considering setting up a revocable living trust as part of your estate plan? A revocable living trust is one that you can alter or even terminate at any time and for any reason—while still protecting certain selected assets from the probate process. Many people and families can benefit from these types of… Read More »
Four Estate Planning Tips For New Parents In Massachusetts
Are you a new parent or soon-to-be new parent in Massachusetts? It is an exciting time that can also be stressful. Estate planning may not be at the forefront of concerns. At the same time, it is crucial that new parents put an estate plan in place. It does not have to be complicated… Read More »
Can You Name Multiple Beneficiaries In Your Will
Are you writing or revising your Will in Massachusetts? You may be wondering: Are you allowed to name multiple beneficiaries in your Will? The answer is a clear and resounding “yes”—your Will is your opportunity to exercise control over your estate. You can name as many (or as few) beneficiaries as you like. Everyone… Read More »
How Do You Start The Probate Process In Massachusetts?
The Massachusetts Court System explains that probate is a process through which a deceased person’s estate is finalized and their assets are distributed to the appropriate heirs. Probate does not start automatically in Massachusetts, you have to petition the court and file the Last Will and Testament. At Fisher Law LLC, we have extensive… Read More »
Bank Accounts And Estate Planning: A Guide
According to the most recent data from Consumer Affairs, the average American adult has 5.3 bank accounts. The figure includes checking accounts, savings accounts, and money market accounts. Your bank accounts are an important part of your estate. With the right plan in place, you can set your family up for a smooth, efficient… Read More »
Three Things You Should Do To Ensure Your Health Care Wishes Are Respected In Massachusetts
Incapacity planning is an important part of estate planning. The risk of incapacity is very real—and it is one that too many people do not think about. According to a study cited by the National Institutes of Health (NIH), approximately 56 percent of Americans are incapacitated during the last month of their life. Even… Read More »
Who Should I Choose As The Executor For My Will In Massachusetts?
As part of writing your will, you should select an executor, which is now called a Personal Representative under Massachusetts Law. A Personal Representative is the party who is charged with ensuring that the instructions within your Last Will and Testament are followed. You may be wondering: Who should I pick as my PR?… Read More »