Failing to create a will can have significant consequences for your loved ones and legacy. In Massachusetts, dying without a valid will—known as dying “intestate”—means state laws determine how your assets are distributed and who will care for your minor children. This comprehensive guide explores Massachusetts intestate succession laws, potential problems that arise from dying […]
Estate Planning
Family Meetings: Your Essential Guide to Building a Lasting Legacy
Family meetings are no longer exclusive to ultra-wealthy households; they are increasingly recognized as a valuable tool for families across all financial levels. These gatherings provide open communication, shared understanding, and collaborative decision-making about financial matters and family values. By addressing topics such as estate planning, trustee or personal representative roles, long-term care plans, investment […]
What Happens to Your Social Media Accounts When You Die?
Social media has become an integral part of our lives, with many of us accumulating years of posts, photos, videos, and other digital content across various platforms. But have you ever considered what happens to all of this data after you pass away? Understanding the policies of different social media sites regarding deceased users’ accounts […]
10 Estate Planning Mistakes to Avoid: Protect Your Family and Assets
Protect Your Family’s Future: Avoid These 10 Common Estate Planning Mistakes Estate planning is often misunderstood and mistakenly seen as something only for the wealthy or that you can postpone. Real estate planning is about ensuring that your assets go to the right people in the most cost-effective and efficient way after your death. It […]
3 Estate Planning Strategies for Low Crypto Valuations
Since its inception a little over ten years ago, Bitcoin’s value has ranged from less than a penny to nearly $20,000. Within the last year alone, it fell from $11,000 to a low of around $3,500. Many other digital currencies and tokens, commonly called “ALT coins,” lost 90% or more of their value from all-time […]
The Importance of Incorporating Your Retirement Accounts in Your Estate Plan
You know you need to do some estate planning to properly protect yourself, your assets, and your loved ones. But is your plan complete, or did you leave a few key assets out of those documents by mistake? Most people are unaware that retirement accounts are an important estate plan component. Fewer still understand the […]
Estate Planning Checklist For Young Families
Planning for the future is not always top priority for young families. When you’re wrangling a toddler, planning beyond next Tuesday can feel like an exercise in futility. Estate planning, however, means that if anything happens to you, your family is protected. Having basic documents in place may be able to help you minimize or avoid […]
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