Blog

24
May

Two Trusts Worth Considering an Independent Trustee For

Posted by | · · · · · · · · · · · | Estate Planning

Independent Trustees are persons and/or entities that are responsible for administering your trust, but are not named as beneficiaries. While some trusts require independent trustees, others use independent trustees to primarily avoid a conflict of interest that may otherwise exist if the Trustee were to also be a beneficiary of the trust.   Why is […]

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15
May

Do You Actually Need A Trust?

Posted by | · · · · · · · · · · · · · | Estate Planning

A trust can be a useful tool for various scenarios, but is not always necessary and is often oversold to increase attorney’s fees. So the question is: do you actually need a trust? Here are the three most common scenarios where a trust may make sense for you: To Avoid Probate on Out-of-State Property. If […]

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07
May

Get Your Digital Assets In Order

Posted by | · · · | Estate Planning

As the world becomes more electronic, digital assets have become a growing concern for estate planning.   It was only last year (October 2017), when the Massachusetts Supreme Court ruled in favor of granting personal representatives access to online accounts if they are given “lawful consent.” While this certainly helps, in practical terms it does […]

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01
May

Testamentary v. Living Trust

Posted by | · · · · · · · · · · | Estate Planning

A trust can be established either during a person’s life (a “Living Trust”) or at his or her death by being included in a person’s Will (a “Testamentary Trust”). Both types of trusts have the benefit of allowing the creator of the Trust (sometimes called the donor, grantor, or settlor) to put in place a […]

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