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Review Estate Plans Yearly to Avoid Unintended Results

One estate planning expert says that the most important aspect of estate planning -- in Massachusetts or other states -- is reviewing the plan on an annual basis. Although wills, trusts and powers of attorney are all essential elements of anestate plan, the expert says that failure to review those documents on a regular basis could result in unintended consequences after death. He has personal experience with such unintended results to back up his recommendation.

5 Untrue Things You Might Believe About Trusts

Certain myths exist about trusts that residents in Massachusetts and around the world may believe. Even celebrities such as Sting and Philip Seymour Hoffman have let myths about trusts dictate estate planning decisions. In the case of Mr. Hoffman, the choices eventually led to tax and estate problems that his children now face.

Does Your Estate Planning Consider Your Mortgage?

For some families in Massachusetts, the passing of a loved one brings more than emotional loss. In some cases, a death can result in the loss of property that has been in the family for years -- or even a loss of home and shelter.

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