As you are setting up your trust and making the very important choice of who will serve as trustee, you may be wondering if this person will get paid for their services and how that is accomplished. Do your heirs have to pay them out of pocket? Let’s explore how trustee compensation typically works. Understanding …
Does a Trustee Get Paid? A North Shore Trust Lawyer Explains Trustee Compensation Read More »
Estate planning is based on state and federal laws which are subject to change at any time. For many members of the LGBTQ community, that can be not only anxiety-provoking but a genuine concern when planning for the future. The good news is that having a comprehensive estate plan gives you control over how your …
In the wake of recent natural disasters—especially devastating floods and the fires in California—many social media posts have claimed that if your property is held in a trust or LLC, it won’t be covered by insurance. This is not entirely accurate. While it is true that you can face coverage gaps if your trust or …
As an Essex County will lawyer, I often find clients are puzzled by the term “pour-over will.” While both traditional wills and pour-over wills serve important purposes, they function quite differently in your estate plan. Understanding these differences is crucial for ensuring your assets are protected and distributed according to your wishes. Traditional Wills: The …
Will vs. Pour-Over Will: What’s the Big Difference? An Essex County Will Lawyer Explains Read More »
One of the most common misconceptions about Powers of Attorney (POAs) is that they’re set in stone once signed. As an estate planning lawyer in Essex County, I often reassure clients that this isn’t the case. The truth is, you can change your mind about your POA as long as you have the mental capacity …
Can You Change Your Power of Attorney? An Essex County Estate Planning Lawyer Explains Read More »
As a trust lawyer in Andover, I often hear this question from homeowners who want to protect their assets but worry that their mortgage might stand in the way. The good news? Having a mortgage doesn’t prevent you from putting your home in a trust, and the process is typically straightforward. The Truth About Mortgages …
Can I Put My House in a Trust if I Have a Mortgage? An Andover Trust Lawyer Explains Read More »
As a Will and Trust lawyer in North Shore, I’ve watched recent natural disasters, from devastating hurricanes in the Southeastern United States to destructive wildfires in California, demonstrate just how crucial emergency preparedness can be. As communities work to recover and rebuild, one consistent message emerges from those affected: having digital copies of important documents …
Protecting What Matters Most: Digital Security in Times of Crisis Read More »
As an elder law attorney in Andover, I’ve seen firsthand how the most successful client outcomes often result from strong collaboration between social workers and legal professionals. When a senior is hospitalized or residing in a care facility, this partnership becomes especially crucial in ensuring their needs are comprehensively met. Understanding Our Complementary Roles Social …
As an Andover estate planning lawyer, I often meet with families who believe they’re fully protected because they have a will. While having a will is certainly better than no plan at all, relying solely on this document might leave unexpected gaps in your estate plan that could impact your loved ones. Let’s explore three …
When a loved one passes away with a reverse mortgage, it can add an extra layer of complexity to the estate administration process. As an Essex County estate administration lawyer, I often guide families through this challenging situation, helping them understand their options and obligations. A reverse mortgage allows homeowners aged 62 or older to …
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