An important estate planning tool for property owners is a nominee trust. Unlike other trusts, this one specifically applies to real estate assets. It is a cost effective solution with many benefits. Here's a closer look at using nominee trusts to buy real estate in MA and some of its key … [Read more...]
Ways to Use Charitable Giving in Estate Planning In Massachusetts
One of the most noble ways to manage your money is by participating in charitable giving. There are quite a few benefits associated with charitable giving, including helping others in need, tax deductions, setting a good example for future generations and more. Here are a few ways to use charitable … [Read more...]
The Benefits Of Charitable Giving For Estate Planning
Choosing where your assets will go can be a challenging, yet rewarding process. Maximizing the amount you leave behind will allow you to help more people and do more good. You may choose to leave your family some financial security, take care of the medical expenses of a loved one or donate the … [Read more...]
Variations And Purposes Of Irrevocable Trusts
Irrevocable trusts may not be revised after the trust agreement has been completed. Revocable trusts essentially become irrevocable after the trust-maker passes away. Irrevocable trusts may be comprised of multiple documents each with a specific purpose. The following is information on the … [Read more...]
Why Avoid Probate in Massachusetts
Estate planning often includes the goal of avoiding probate. Why is it so important to avoid probate in Massachusetts? Here are 3 key reasons. 1. It's Time Consuming Probate can take up to a year to complete in Massachusetts. During that time, your dependents would not have access to your assets. … [Read more...]
