Wills, Trusts, & Estate Planning Archives - Page 6 of 11

How Do Trust Distributions to Beneficiaries Work in Massachusetts?

Trust distributions work according to the trust’s terms, subject to Massachusetts law and the trustee’s duties. Some trusts direct a...

A successor trustee takes responsibility for administering the trust under its terms after the event that brings them into office....

Your parent gives you power of attorney by validly executing a document that authorizes you to act. You don’t obtain...

A useful estate planning checklist should cover your people, your property, your decision-makers, and the steps needed to make the...

Yes, the executor of a will can also be a beneficiary in Massachusetts. It is common to name a spouse,...

A Lady Bird deed is not a recognized estate planning option in Massachusetts, so you shouldn’t rely on one to...

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

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

A house held in an irrevocable trust can often be sold in Massachusetts, provided the trustee has the necessary authority...

A step-up in basis can substantially reduce the capital gains tax your children face when they sell inherited property. It...