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...]
Things to Know Before Signing a Power of Attorney
A power of attorney is often included in estate planning. It's an extremely powerful document, and one that should be fully understood before executed. Here are a few things you should know before signing a power of attorney. 1 - You Can Make Them Limited It's a common misconception that a power … [Read more...]
