Icon

Estate Planning

The Advantages of a Living Will or Medical Directive

The use of a living will with a medical directive can help many Massachusetts residents in their estate planning. By giving another person a power of attorney, it enables the attorney-in-fact to carry out an individual's wishes in the event that he or she becomes unable to do so.

Massachusetts Residents May Use Trusts to Designate Heirs

Those in Worcester may think of trusts as necessary only for those with substantial wealth, but a trust can also protect any size estate. Items not placed in a trust may be disbursed by the courts instead of following the wishes of the decedent. Some suggest that an individual who has assets up to $100,000 may benefit from setting up a trust.

What is an Intestate Estate?

Massachusetts residents dealing with estate planning needs may wonder about the impact of an individual dying without leaving a will. An individual who expires without a valid will is considered intestate, and the intestate estate is the collection of assets that have not been appropriately disposed of through a will. It is helpful to note that a portion of an estate might be considered intestate if a will does not adequately address that asset or property.

Awards & Recognition