Wealth Preservation Planning

Wealth Preservation Planning Wills, Trusts, & Estate Planning

Will my Massachusetts estate planning lawyer actually put my assets into my trust?

Drafting a Trust and Funding It Are Different Jobs That is a question to ask before you hire the lawyer,...

Wealth Preservation Planning Wills, Trusts, & Estate Planning

If my child gets divorced in Massachusetts, will their spouse get half the inheritance I leave them?

Leaving It Outright Can Expose It Your child does not automatically lose half an inheritance in a Massachusetts divorce, but...

Wealth Preservation Planning Wills, Trusts, & Estate Planning

Can I Put My House in an Irrevocable Trust If I Still Have a Mortgage in Massachusetts?

Yes, a Mortgage Does Not Stop You Yes, having a mortgage does not automatically prevent you from putting your Massachusetts...

Wealth Preservation Planning Wills, Trusts, & Estate Planning

What Is a Trust Protector, and Do I Need One in Massachusetts?

What a Trust Protector Is A trust protector is a person given specific authority over certain parts of a trust,...

Wealth Preservation Planning Wills, Trusts, & Estate Planning

Can You Get a Mortgage or Refinance a House in an Irrevocable Trust in Massachusetts?

Possible, but It Takes More Review It may be possible to obtain a mortgage or refinance a house already held...

Wealth Preservation Planning Wills, Trusts, & Estate Planning

Can You Change an Irrevocable Trust Through Decanting in Massachusetts?

Massachusetts Has No Decanting Statute Sometimes you can, but Massachusetts has not followed the many other states that have enacted...

Wealth Preservation Planning Wills, Trusts, & Estate Planning

Can a Spendthrift Trust Protect My Child’s Inheritance in Massachusetts?

A Spendthrift Provision Can Protect an Inheritance, Within Limits A properly designed trust with a spendthrift provision can help protect...

Wealth Preservation Planning Wills, Trusts, & Estate Planning

How Should My Financial Advisor and Estate Planning Attorney Work Together?

Your financial advisor and your estate planning attorney should work together, with each taking responsibility for the advice they are...

Wealth Preservation Planning Wills, Trusts, & Estate Planning

What’s the Difference Between a Homestead Declaration and an Asset Protection Trust?

A Massachusetts homestead declaration and an asset protection trust address different legal risks, even though both may come up when...