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Category Archives: Estate Planning

NursingHomeResidents

Do Nursing Home Residents Have Any Rights?

By Fisher Law LLC |

If you are considering nursing home care for yourself or a loved one, you may be concerned about maintaining your autonomy and may question whether residents have any rights. Under the 1987 Nursing Home Reform Act, nursing home residents do have certain rights that must be guaranteed. The following article will provide a brief… Read More »

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What Is The Business Succession Planning Process?

By Fisher Law LLC |

If you are a business owner and are getting close to retirement age, you may consider transferring your ownership to a trusted family member. This process is often referred to as “business succession planning.” The following article will further explain the purpose of a business succession plan and will provide some information regarding the… Read More »

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How To Establish A Valid Will

By Fisher Law LLC |

All adults should have a will that properly disposes of any property in their possession at the time of their death. Establishing a will is important as it can help ensure that your loved ones do not have to argue in court about who is entitled to your property after you pass. The following… Read More »

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LongTermPlan

Long-Term Care Options In Massachusetts

By Fisher Law LLC |

When you think of long-term care, you might think of a typical nursing home environment. However, there are several long-term care options that are available for elderly individuals in the state of Massachusetts, which this article will thoroughly discuss. Option #1- Assisted Living Facilities An assisted living facility is for elderly individuals who do… Read More »

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Creating A Living Trust In Massachusetts

By Fisher Law LLC |

You may have considered the benefits of establishing a trust during your lifetime which could benefit your loved ones. A trust is a fiduciary relationship in which one party (the “grantor”, “trustmaker” or “trustor”) gives another party (the “trustee”) the right to hold title to the  grantor’s property or assets. The following article will… Read More »

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Estate Planning Lessons from Celebrity Nightmares

By Fisher Law LLC |

The dispute over Larry King’s estate shines a harsh spotlight on what happens when an elderly person makes major changes late in life to his or her estate plan, especially when the person has become physically weakened and possibly mentally affected, due to aging and illness. A recent article from The National Law Journal,… Read More »

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What Qualifies as a Qualified Charitable Distribution?

By Fisher Law LLC |

Qualified charitable distributions allow individual retirement holders to divert some of their federally taxable required distributions to charity, reports a recent article “A tax break for retirees is back. Here’s how to use it–and what to avoid,” from The Washington Post. Known as QCDs, they were not a big deal until 2017, when a… Read More »

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Can I Revoke a Power of Attorney?

By Fisher Law LLC |

Spouses and partners chosen by adult children often lead to estate planning challenges. In one case, a parent worries that a second husband may be a poor influence and wants to revoke the power of attorney originally granted to a daughter. How to do that legally and without any hurt feelings is examined in… Read More »

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What Paperwork Is Needed after Someone Dies?

By Fisher Law LLC |

Tax return issues, family matters, business associates, partners, trustees, bankers, investment advisors and tax collectors from the IRS to state and local taxing authorities all require attention after someone has died. There is a lot of work, and often a grieving family member finds it helpful to enlist the aid of a professional to… Read More »

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Roth IRA has a 5-Year Rule

By Fisher Law LLC |

Roth IRAs are popular for their flexibility and the simplicity of putting after-tax dollars in and not paying taxes on withdrawals during retirement. However, making the most of a Roth IRA requires paying attention to the details, according to a recent article “What is the Roth IRA 5-Year Rule?” from U.S. News & World… Read More »

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