When selecting a bank for estate planning purposes, one of the most critical factors to consider is whether or not the institution allows a Transfer on Death (TOD) designation to a trust. This seemingly small detail can make a significant difference in the efficiency and effectiveness of your estate plan. In my estate planning practice, […]
When it comes to estate planning for blended families, one thing is certain: it’s complicated. Whether you’ve been married before or are bringing children, assets, and possibly a mortgage into a new relationship, figuring out how to divvy things up when you’re no longer around isn’t always straightforward. In fact, many people who’ve been down […]
Discussing your estate plan with your family can be a sensitive and challenging conversation. However, being upfront and honest about your wishes is crucial to ensuring that your assets are managed according to your desires and that your loved ones are prepared for the responsibilities they may need to undertake. Here are some essential tips […]
When it comes to estate planning, many people tend to procrastinate. Whether it’s due to the discomfort of contemplating mortality or the misconception that estate planning is only for the wealthy, putting it off can lead to significant issues down the line. At Ladimer Law, we understand the complexities and sensitivities involved in estate planning […]
Welcome to the wonderful world of estate planning, where good intentions sometimes lead to less than desirable but avoidable mishaps. If you’ve ever chuckled at a comedy of errors, you’ll appreciate this tour of the five cardinal sins of estate planning. With a touch of wit and a nod to those who’ve blundered before, let’s […]
In the intricate dance of estate planning, one must waltz carefully around the thorny issue of taxes. Massachusetts, like many other states, imposes estate taxes that can eat away at the legacy you’ve worked so hard to build. But fear not, for in the realm of legal strategies, there exists a charming solution: the Disclaimer […]
In the intricate realm of estate planning, the objective is often to safeguard assets, streamline distribution, and mitigate the complexities of probate. However, even the most meticulously crafted estate plans may encounter unforeseen challenges, as demonstrated by a recent scenario involving one of our clients. Meet Mrs. Smith, a woman who, proactively planning for the […]
February 2024 Losing a loved one is an emotional and challenging time, and dealing with their financial affairs can add another layer of complexity to an already difficult situation. One of the primary concerns that arises after the passing of a family member or friend is what happens to their debts. In this article, I […]
February 2024 In the realm of estate planning, the intricacies of Massachusetts law can sometimes feel daunting. Yet, there’s a powerful tool available to residents of the Bay State that can alleviate many of these concerns: trusts. Particularly, establishing a trust in Massachusetts not only allows for the avoidance of probate but also streamlines the […]
Introduction: Estate planning is a crucial aspect of managing one’s assets, ensuring they are distributed according to one’s wishes, and minimizing potential legal complications for heirs. Two commonly used strategies in estate planning are life estates and trusts. In this article, we will explore why putting your home in trust may be a more advantageous […]
Introduction Hey there, savvy planners! Let’s talk about a nifty tool in the estate planning game: the Transfer on Death (TOD) designation for your bank accounts. The TOD designation is essentially putting a beneficiary on your bank accounts, just like a life insurance policy. They can’t access the money until after you pass away. We […]
Introduction: Parenthood is a thrilling journey filled with joy, laughter, and countless precious moments. Yet, amid the chaos of hockey practices, school projects, and bedtime stories, many parents in Massachusetts overlook a critical aspect of responsible parenting – having a comprehensive estate plan in place. Picture this: you’re ensuring your child wears a helmet while […]
Hello Friend! I hope your holiday season has been stress-free and filled with good times so far! I’m reaching out to address a question I have been receiving about the upcoming webinar in January. People have been asking ‘What’s the difference between the Wills in a Week program and this webinar?’ First, the webinar is […]
Hello Friend! I’m so excited to announce that I am doing a free webinar on Monday, January 8th! I know lots of people make it their New Year’s resolution to “get their Will done” so I want to help them accomplish this! Typically, I also charge $399 for a private consultation. However, I will waive […]
Lots of people talk about spring cleaning and how spring is the time to clean up our lives after the “hibernation” during the winter. However, spring is my least favorite season of the year! Summer is great because it is daylight a lot longer, I love being outside in the sunshine and on the ocean. […]
I don’t think there is one person in this world who never procrastinates getting something done that they need or should do. We all do it! But there are ways to help us procrastinate less. I know this has been a constant work in progress for myself. For me, I procrastinate odd to-dos that aren’t […]
If you have life insurance, you should also have an estate plan. One of the first things people do when they have a baby or purchase a home is get life insurance. Life insurance can cover significant expenses if you pass away and give you peace of mind when thinking about an unexpected death. But […]
