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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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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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20
Apr

What’s Probate and How Can You Minimize the Cost?

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

Probate is the legal process that occurs after your death in order to settle your estate. The process can vary depending on your situation. For example, in Massachusetts there are four types of probate: (1) Voluntary Administration, (2) Informal Proceedings, (3) Formal Proceedings,  and (4) Supervised Administration.   While the exact steps vary depending on […]

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