Attention business owners and those with entities as part of their estate plan: We’re at the halfway point of the year, which means you only have a few months left to meet the deadline to file with FinCEN under the Corporate Transparency Act (CTA) or face hefty fines. This isn’t just about traditional businesses – …
In the golden years of our lives, we often form deep bonds with those who provide care and companionship. It’s not uncommon for individuals to develop a strong connection with a caregiver, a friend, or a neighbor who goes above and beyond to support them through challenging times. If you’re considering leaving your estate to …
As you delve into the world of Medicaid and long-term care planning, you’ve probably come across the dreaded “5-year look-back rule.” This rule often leads to confusion and misconceptions, with many people believing they need to deplete their assets to a mere $2,000 within five years of needing care. But the reality is far more …
Andover Medicaid Planning: Unraveling the Mystery of the 5-Year Look-Back Rule Read More »
Remember that old tale about mailing yourself a copy of an invention to secure the patent? For decades, this was passed down as sage advice, even though it held no legal weight. Well-intentioned family members and friends, or even advice found online, can often lead to similar misinformation when it comes to estate planning. While …
North Shore Will Lawyer: Why Well-Intentioned Advice Isn’t Enough for Estate Planning Read More »
Are you planning your estate and worried about how a gambling addiction could affect your child’s inheritance? You’re not alone. Many families face this difficult situation, wanting to provide for their loved ones while ensuring their hard-earned assets are protected. Understandably, you might worry about how to address this sensitive issue without alienating your child. …
Many people put off creating an estate plan because they worry about what will happen if they change their mind later. “Will it be expensive to rewrite everything? Isn’t it better to wait until I’m sure?” While this is a valid concern, it shouldn’t deter you from taking this crucial step. Tomorrow Isn’t Guaranteed Life …
Thanks to medical research, we enjoy longer and healthier lives. Many of us wish to contribute to these advancements even after passing. Whole-body donation is a selfless way to support the study of medicine and the development of new treatments. However, it’s a highly personal decision that deserves careful consideration and communication with your loved …
Receiving a diagnosis of a progressive disease like Alzheimer’s is devastating for both the individual and their loved ones. Amidst the emotional turmoil, it’s crucial to address practical and legal planning to meet the evolving needs a progressive illness will bring. While it’s difficult to predict the exact trajectory, some plans made in the early …
As you start researching wills, trusts, and advance directives, you’ll likely come across a range of options for creating your estate plan. Some firms offer a customized approach with the help of an experienced Andover will lawyer, while others promote easily accessible DIY plans online. Understanding the difference between these two routes is crucial for …
Customized Estate Plans vs. DIY: Why It Matters for Your Legacy | Andover Will Lawyer Read More »
As a grandparent, your heart is filled with love and a desire to protect your grandchildren’s well-being. You’ve watched them grow and dream about providing a foundation for their future success. But life is complex, and sometimes the question arises: can you ensure your legacy goes directly to them, even if it means bypassing your …
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