COVID-19, the novel coronavirus, has been a challenge confronting countries around the world. While healthcare systems have fought the virus, economies have been hurt by the social distancing required to combat the virus. However, there may be an opportunity for those wishing to do certain types of Estate Planning. Read on to learn more. Read on to learn more … [Read more...] about Economic Fallout from Coronavirus May Provide Opportunities
Do I Need an Attorney to Help Me Probate My Mother’s Estate?
If your mother recently passed away, you are undoubtedly still dealing with your grief and the other strong emotions that come with the loss of a parent. If you also learned that your mother appointed you to be the Executor of her estate, you may be unsure what that job entails. Do you need an attorney to help you? To help you figure that out, the Woburn probate attorneys at Legacy Care Law Firm help you decide if you need an attorney to help you probate your mother’s estate. Probate … [Read more...] about Do I Need an Attorney to Help Me Probate My Mother’s Estate?
5 Things to Know When Creating a Trust
A trust agreement is one of the most popular of all estate planning tools due in large part to the flexible nature of a trust. For those who are contemplating the addition of a trust into their estate plan, the Salem trust attorneys at Legacy Care Law Firm discuss five things you need to know when creating a trust. Your stated trust purpose guides the administration of the trust you create. It is important to understand that defining your trust purpose with as much specificity as possible … [Read more...] about 5 Things to Know When Creating a Trust
The Danger in DIY Estate Planning Documents
You undoubtedly understand the importance of having at least a rudimentary estate plan in place. If you have yet to start your plan despite knowing how important it is to have one, you may be tempted to turn to “Do-It-Yourself” forms found on the internet to save yourself time and money getting your plan started. The Woburn estate planning attorneys at Legacy Care Law Firm explain why using DIY estate planning forms will likely cost you, your estate, and your loved ones considerably more time … [Read more...] about The Danger in DIY Estate Planning Documents
Estate Administration – Will vs. Trust
For most people, an important reason to create an estate plan is to ensure that their assets are distributed according to their wishes after they are gone. If that is one of your goals, you need to consider how your estate will be administered during the probate process when the time comes. Specifically, you will need to decide if you want to use a Last Will and Testament or a Trust as the primary method of distribution for your assets. To help you decide, the Salem estate administration … [Read more...] about Estate Administration – Will vs. Trust
How Long Is the Probate Process in Massachusetts?
There is a very good chance that you will find yourself involved in the probate of an estate at some time during your life. Whether that involves comes as a result of your appointment as the Executor of an estate or because you are a beneficiary/heir, you probably want to know how long it will take for the estate to get through probate. Although every estate is unique, the North Andover probate attorneys at Legacy Care Law Firm explain how long the Massachusetts probate process typically … [Read more...] about How Long Is the Probate Process in Massachusetts?
Academy’s Spring Summit Virtually Perfect
The Academy’s Spring Summit conference went “virtual” due to the social distancing requirements to protect all of us. The Summit was different but better than ever. Read on to learn how cutting-edge technology met cutting-edge learning at the Academy’s Virtual Summit. Academy’s Spring Summit Virtually Perfect … [Read more...] about Academy’s Spring Summit Virtually Perfect
Families Gather in Novel Ways in Pandemic
COVID-19, the novel coronavirus, has been a challenge confronting countries around the world. The disruptions from the social distancing required to fight the virus have been felt by people around the world. As we mark passing holidays, we reflect on the importance of family. Learn how to share time with family during this pandemic and tackle tasks such as Estate Planning. Families Gather in Novel Ways in Pandemic … [Read more...] about Families Gather in Novel Ways in Pandemic
Shrunken Asset Values Open Estate Planning Opportunities
COVID-19, the novel coronavirus, has been a challenge confronting countries around the world. Not only has COVID-19 been challenging healthcare systems, but the social distancing required to combat the virus has also rocked financial markets. However, there may be an opportunity for those wishing to do certain types of Estate Planning. Read on to learn more. … [Read more...] about Shrunken Asset Values Open Estate Planning Opportunities
Salem Estate Planning Facts
If you are among the millions of Americans who do not have an estate plan in place yet, there is no time like the present to get started. To provide some encouragement, the Salem estate planning attorneys at Legacy Care Law Firm explain ten important estate planning facts. Every adult can benefit from an estate plan. You should not wait until you reach a desired net worth and/or until you have a family to start estate planning. You should already have a plan in place when you reach these life … [Read more...] about Salem Estate Planning Facts
