You know it is important to plan for your future: college for the kids, retirement, and security for your family should anything happen to you. We hear all the time that the whole things seems so overwhelming – and often, people just put it off because it just seems so daunting. But once you’ve decided […]
Google the phrase “Estate Planning Mistakes” and you’ll see pages of results. Seems like attorneys and financial planners are always telling their clients how to avoid one mistake or another as they put together their estate plan. But in the end, the single biggest mistake you can make is all about what you DON’T do. […]
Understanding how to protect your assets as you age is a critical component of estate planning. In addition to navigating estate taxes, beneficiaries, and who will be responsible for your medical decisions should you be unable to make them yourself, it is also critically important to look ahead and think about long-term care coverage as […]
Feels like summer is just kicking off, but already, we’re seeing back to school displays at Target. For school-aged kids, this means school supplies and backpacks. And for those headed off to college, we’re seeing sales on dorm essentials like bedding, small fridges, and storage bins. But as you spend the summer planning and anticipating […]
While married couples have different priorities than their single counterparts, one thing is certain: anyone – whether they have a family or not – needs to think about estate tax planning. In fact, planning one’s own estate taxes as a single person might be more important than it is for a married couple. Why? As […]
Longer lives are among the greatest achievements of our modern era. Advances in healthcare and other progress related to human safety have resulted in what the United Nations says is one of the most significant social transformations of the 21st century. However, with the success of longer lives come problems that catch most of us off-guard. […]
Millions of individuals are affected by dementia in their lifetime. Unfortunately, it is usually after a medical crisis, like dementia, hits that many families begin to think about estate planning. What people don’t realize, however, is that it may be “too late” under the law to make a plan after dementia strikes. This is usually […]
The elderly are too often targets of unscrupulous individuals who may try to take an unsuspecting senior’s money. Seniors are especially vulnerable as they become less cognitively able and thus more dependent on other adults. Unfortunately, as a Great Boston Area elder law lawyer, I am sad to say that elder financial abuse is common […]