With a new administration comes many potential changes that can affect your personal finances and estate planning. This year, high income earners should pay particularly close attention to changes to tax law. The Biden tax plan includes several provisions for households earning more than $400,000 … [Read more...]
Qualities of a Good Estate Executor
Estate executors (known as a personal representatives, in Massachusetts) hold very important responsibilities. They must carry out a wide range of tasks and ensure that assets are distributed properly to heirs per the terms of your will. As you consider candidates, keep in mind these qualities of a … [Read more...]
Business Succession Planning Tips
Do you own a small or family owned business? And if so, do you have a succession plan? One of the most commonly overlooked estate planning tasks is succession planning. You've worked hard to establish your business. It's important to protect and preserve it for the benefit of your heirs. Here are a … [Read more...]
Case Study – Estate Plan for a Family with Children
Having a family is often a motivating factor for creating an estate plan. For a couple with children, there can be many ways to approach it depending on the family's assets, age of the children, etc. There's not one approach that works for everyone. However, it can be helpful to see an example of … [Read more...]
Tips on Selecting Guardians for Children
Rarely is guardianship a quick and easy decision. For most people, the thought of not being there is difficult enough, never mind deciding who should fill that role. If you're wrestling with this, you're not alone. The decision is not easy, but below are some tips on selecting guardians for … [Read more...]
