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Family Estate Planning Law Group
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Here are some basics on the use of a “life estate” that will be helpful to start a discussion about whether or not this planning tool might be a good fit for your family. Continue reading
Posted yesterday at Family Estate Planning Law Group
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The number of instances of elder financial abuse is growing dramatically, in every state. Continue reading
Posted 3 days ago at Family Estate Planning Law Group
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Two years ago, a victory for the elderly occurred when advocates succeeded in having more rights and protections put into place for the surviving spouse of a senior with a reverse mortgage. Continue reading
Posted 6 days ago at Family Estate Planning Law Group
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The younger you are, the more time you have to make all the right moves when it comes to your 401(k) retirement savings accounts. Continue reading
Posted Oct 11, 2017 at Family Estate Planning Law Group
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It’s one of the topics people really steer clear of: their own death, and what they really want to happen after they die to their remains. It may be an awkward conversation, but it is truly worthwhile. Continue reading
Posted Oct 9, 2017 at Family Estate Planning Law Group
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Setting up a trust to protect your estate and beneficiaries from probate? Excellent! Here’s the next tough hurdle to finalizing your estate plan: selecting a trustee that you can count on. Continue reading
Posted Oct 6, 2017 at Family Estate Planning Law Group
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Singles, especially those without children, might think that they don’t need to have an estate plan. However, it is important to remember that estate planning is for when you are incapacitated, as well as asset distribution. Continue reading
Posted Oct 4, 2017 at Family Estate Planning Law Group
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October marks the 8th annual National Estate Planning Awareness month. From selecting guardians for young children, to planning for incapacity, to making sure that your assets pass the way that you intend so that your family is taken care of, to new and developing areas of the law, there are so many important reasons to plan ahead and keep that plan up to date. Continue reading
Posted Oct 2, 2017 at Family Estate Planning Law Group
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Can a charitable contribution be used to satisfy your required minimum distribution and lower taxes? Continue reading
Posted Sep 29, 2017 at Family Estate Planning Law Group
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Planning for nursing home expenses, long-term care, elder abuse in a nursing home and the safety of aging parents are just a few of the issues that elder law attorneys deal with on a regular basis. Continue reading
Posted Sep 27, 2017 at Family Estate Planning Law Group
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Today’s guest blogger is Kim Carpentier, the owner of Valley Credit Builders. You have undoubtedly heard the news of the Equifax data breach. Kim shares some of the background and nuances of the credit industry and the immediate steps you need to take to ensure your credit is best protected... Continue reading
Posted Sep 26, 2017 at Family Estate Planning Law Group
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We like to think that we will never need this type of care, but the truth is, at some point, most of us will. Continue reading
Posted Sep 25, 2017 at Family Estate Planning Law Group
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Taxes are often overlooked when considering retirement income and budgeting. Just as you need a tax strategy in place when you are accumulating savings, you also need a tax strategy for retirement. Continue reading
Posted Sep 22, 2017 at Family Estate Planning Law Group
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Most think of long-term care as taking place in nursing homes. However, in actuality, most long term care takes place at home. Changes in the insurance industry might lead to cost-effective ways to address this expense. Continue reading
Posted Sep 20, 2017 at Family Estate Planning Law Group
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Higher fees are coming to high earners, when income thresholds for the highest surcharge tiers drop even further next year. Continue reading
Posted Sep 18, 2017 at Family Estate Planning Law Group
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You must sign up for Medicare Part B no later than eight months after retirement, or the penalties could be serious. Continue reading
Posted Sep 15, 2017 at Family Estate Planning Law Group
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Deciding when to start taking Social Security payments has to be considered in the total picture of retirement planning. Continue reading
Posted Sep 13, 2017 at Family Estate Planning Law Group
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How do people manage to find and pay for home health care services? One part of the problem is explored here: funding support. Continue reading
Posted Sep 11, 2017 at Family Estate Planning Law Group
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Congratulations on welcoming a grandchild to the family. A 529 is a great gift, but you need to know how they work and how they might impact your taxes. Continue reading
Posted Sep 8, 2017 at Family Estate Planning Law Group
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Assisted living costs average $42,000 a year for a one-bedroom unit in the U.S. In Massachusetts, the average is considerably higher: $63,600 per year, according to the 2015 Genworth Financial cost of care survey. Continue reading
Posted Sep 6, 2017 at Family Estate Planning Law Group
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There are times when it makes more sense to turn down an inheritance than to welcome it. Continue reading
Posted Sep 4, 2017 at Family Estate Planning Law Group
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For the month of September, we'll be focusing on issues facing people aged 65 and older – with particular attention to issues around retirement, health benefits and estate planning. 65 is a milestone age for most people as that is the age at which they will become eligible for Medicare.... Continue reading
Posted Sep 1, 2017 at Family Estate Planning Law Group
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As a grandparent, you want to provide your grandchildren with every opportunity. One way to achieve this is with an inherited IRA trust, which could prove to be the perfect wealth accumulation vehicle for your family. Continue reading
Posted Aug 30, 2017 at Family Estate Planning Law Group
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It’s never too early to help a family member build their own retirement nest egg. Continue reading
Posted Aug 28, 2017 at Family Estate Planning Law Group
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Your first instinct as a parent may be to divide assets equally among children in your estate plan. However, if your family includes a special needs child, that decision could have a negative impact on your child’s future. Continue reading
Posted Aug 25, 2017 at Family Estate Planning Law Group