Google+

Ward Estate & Family Law - Helping Families Plan for the Future!

   
     781-780-6610
Tap To Call

Estate Planning for the Benefit of Your Pets

Estate Planning for the Benefit of Your Pets On April 7, 2011, Section 3C, Chapter 203 of the Massachusetts General Laws came into effect, which allows for the creation of “pet trusts” – thus bringing the state of Massachusetts in line with the vast majority of other states in empowering pet owners to provide for […]

Read More 

Housekeeping For Your Estate Plan

Once you’ve finished drafting and signing off on your various estate planning documents – your Will, your Power of Attorney, your Trusts, and more – there are still many loose ends (some one-time, some continuous) that you’ll have to tie up to ensure that your estate plan is executed smoothly down the road. Resist the […]

Read More 

Modifying an Existing Will

One concern that is commonly voiced by new estate planning clients is whether the desires they effectuated during the initial estate planning process are set in stone. In other words, clients frequently worry that they won’t be able to change their mind on certain provisions (or otherwise update their estate plan so as to be […]

Read More 

Revocable Living Trusts – An Overview

If you are looking into the possibility of estate planning in Massachusetts, you have likely come across the concept of a Revocable Living Trust (RLT). An RLT is a trust form that provides a great deal of versatility to the creator of the trust – otherwise known as the trustor – by enabling the trustor […]

Read More 

Qualified Personal Residence Trust – the Home Residence Trust

Would you like to ensure that your primary residence – or a vacation home – avoids excessive tax once it’s transferred to your intended beneficiaries? If you’re willing to accept a variety of restrictions affecting your use of the property, it’s worth considering a qualified personal residence trust (QPRT).   A QPRT is an irrevocable […]

Read More 

Avoiding Probate in Massachusetts

Despite the fact that the state of Massachusetts has implemented simplified and informal probate options for those estates with limited assets, minimal complications, and no conflicts, there is still a great deal of risk associated with going through probate. There is no guarantee that estate assets will go through the simplified procedures – if an […]

Read More 

Why Avoid Probate in Massachusetts?

In the state of Massachusetts, an estate need not be probated – whether informal, formal, or voluntary probate – so long as the estate assets are structured such that they are exempt from or otherwise avoid the probate process. As the setup can be quite complicated, it is recommend that you consult with a qualified […]

Read More 

Formal and Informal Probate in Massachusetts: What’s the Difference?

In Massachusetts, when a person (the decedent) dies with an executed Will, their estate assets must go through probate – unless they qualify for certain probate exemptions. Probate is the process for determining the proper distribution of estate assets to the beneficiaries. If the decedent dies without an executed Will, the estate assets must still […]

Read More 

Choosing the Personal Representative for Your Estate in Massachusetts

Selecting a responsible, trustworthy personal representative is crucial to the development of a sound estate plan. The personal representative – otherwise known as the executor – is the person who carries out and administers the terms of the Will. You may have drafted an excellent Will, but if your personal representative is not diligent, impartial, […]

Read More 

Special Needs Planning in Massachusetts – Pooled Trusts

When attempting to establish a special needs plan that handles the care and support of a disabled loved one, a variety of trust options should be considered before committing to one in particular. Not only will you have to assess the value of a first party trust against a third party trust – as discussed […]

Read More