What the rest of us need to know about estate planning
This is my second discussion on this topic. The actor, Chadwick Boseman, (Black Panther, Ma Rainey), passed away from colon cancer in 2020 at a relatively young age. He had recently married and after his passing, we learned he did not have any planning documents in place. Apparently, he kept the nature and severity…
DetailsI work with many families who own real estate in a variety of capacities…home, vacation home, income properties, etc. Many want to leave the property to one or more of their children, or other heirs. That is a minefield! “A whopping 68% of people say they plan to leave real estate—such as a home, vacation…
DetailsNow that we are moving back to taking actual vacations, we are likely to be “out of the office” for an extended period of time again…hopefully turning off work-related devices. To that end, we may be dusting off that “out of office” template we’ve used in years past. In it, we document EVERY project or…
DetailsIf you’ve built an estate plan, whether simple or complex, it’s built on certain goals and wishes. If any action is taken outside of the plan, involving the people/organizations named in the plan, accidentally or on purpose, your estate planning dominoes may start to collapse. Some common reasons the dominoes may start to fall are:…
DetailsOver the last almost 24 months, a number of my clients have accelerated their decisions to move out of the Commonwealth of Massachusetts. For estate planning purposes, this is a bigger decision than simply a change of address and setting up a home office in a new state. What are the major considerations with respect…
DetailsCaring.com/You.gov 2021 Poll: 34.2% “Haven’t Gotten Around To It” 28.1% “I Don’t Have Enough Assets 1 out of 3 people said that COVID caused them to see a greater need for an estate plan, but 31% of those who saw a greater need didn’t do anything about it. The number 35-54 year-olds with a will…
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