As a trust lawyer in Andover, I often encounter clients who need to make significant changes to their trust but aren’t sure whether to amend it or start from scratch. This is where a trust restatement comes in – a powerful but often overlooked solution that offers the best of both worlds. What Is a …
If you’re reading this, you’re likely facing one of life’s most challenging tasks: writing an obituary for someone you love. As an Essex County will and trust lawyer who has helped countless families through the grief process, I want to share some guidance to make this difficult task a little easier. Getting Started: The Essential …
How to Write an Obituary: A Step-by-Step Guide for Grieving Families in Essex County Read More »
Losing a loved one is never easy, and the situation can become even more stressful when you’re dealing with an out-of-state estate. If your loved one passed away in Essex County and you live elsewhere, you might be wondering about your next steps. As Essex County probate attorneys, we often hear this question: “Do I …
My Loved One Died in Essex County. Do I Need to Travel There to Deal with Their Will? Read More »
Let’s face it: we can’t always pick our family members. While we love our children unconditionally, their choice of spouse might sometimes leave us… shall we say, less than thrilled. It’s a tough pill to swallow, especially when you’re planning your estate. You want to leave an inheritance to your child, but what if their …
Protecting Your Legacy from In-Laws: A North Shore Trust Lawyer’s Guide Read More »
When it comes to estate planning, life insurance trusts are like the Swiss Army knives of the financial world – versatile and useful, but often misunderstood. As a trust attorney in Essex County, I’ve helped numerous families navigate the complexities of these powerful tools. Let’s break down what a life insurance trust is and when …
Understanding Life Insurance Trusts: A Trust Attorney in Essex County Explains Read More »
As a parent or caregiver of a person with special needs, you understand that comprehensive planning extends far beyond childhood. You’ve likely established a special needs trust and put other important safeguards in place. But as the years pass, an important question arises: what happens when you or other chosen trustees are no longer able …
Planning for death or incapacity isn’t a pleasant topic, but ensuring your affairs are in order can give peace of mind and ease the burden on your loved ones. A revocable living trust is a valuable tool in any sound estate plan to help accomplish these goals. With the help of a qualified Andover estate …
3 Key Benefits of a Revocable Living Trust: Why You Need an Andover Estate Lawyer Read More »
As tax season rolls around, it’s not just a time for crunching numbers; it’s also the perfect opportunity to review your living trust. With your financial information already in order and at your fingertips, a trust review can be a seamless part of your financial health check-up. But what exactly does “review your trust” entail? …
An independent trustee is an individual or a professional entity appointed to oversee and manage the assets held in a trust or estate. Their primary responsibility is to carry out the wishes and intentions of the grantor (the person creating the trust) as outlined in the trust document. An independent trustee acts as a fiduciary …
Power of Appointment Provision within a Trust A power of appointment provision is a legally binding provision within a trust that empowers the surviving spouse or another designated beneficiary to change the ultimate beneficiaries of the trust. To provide an example, suppose a married couple’s trust includes a power of appointment clause. In such a …
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