Massachusetts estate planning
How Estate Taxes May Impact your Life Insurance Policy
In the process of estate planning, there are many things to consider. An estate planning attorney can be essential to formulating a sound plan that is best tailored to your individual situation and long-term legacy. Life insurance is a staple of many estate plans, but there is one factor that is often overlooked when people start thinking…
Read MoreLong-Term Care Premium Deductibility Limits Increase in 2014
While the importance of healthcare is a topic that is often discussed, many people fail to take long-term care insurance into consideration. Yet, long-term care insurance can be just as essential to your financial plan as any other preparation done for retirement. While no one wants to consider that they or their loved ones may need long-term care, it is a reality that…
Read MoreEstate Planning Must-Haves for Parents of Children with Special Needs
A solid estate plan is vital when considering the future of your loved ones. After all, you want to ensure that they are protected and provided for even when you are no longer there to do it personally. A standard estate plan will cover the basics, including wills, trusts, power of attorney and health care…
Read More"We are Family": Estate Planning for Adult Children Living at Home
With the state of the economy, the low unemployment rate for graduates, and the general cost of living, many children are continuing to live with their parents long after they turn eighteen. Having an adult child live with you can simultaneously be a benefit and a burden. Children at home can assist with the tasks…
Read MoreMassachusetts Business Succession Planning
What to do when the family has not talked about the future of the family business? Many closely held family businesses have begun to use mediators when planning how the business will be passed down to future generations. This is a process that can help to resolve issues that arise when passing on a business. …
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