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Case Shows Importance of Executor Choice in Estate Planning

The battle over control of late fashion designer Oleg Cassini's estate continued on May 29. According to reports, there is a dispute between the fashion designer's widow and his daughter over who should have control of the estate.

Estate Planning Considerations for the Childless in Massachusetts

One thing that can make estate planning complicated for those in Massachusetts and elsewhere is simply not having any children. Not only do children often end up as the ones who receive money or property, but they also can play a large role in the whole process by helping to distribute that money. If someone is setting up a will or trust and has no children, what should they do?

Trusts and Life Insurance Policies

While some may think that trusts are only for those who are very well off financially, a trust can be an important estate planning tool for anyone, especially those with children. A trust allows you to set specific assets aside to be dispersed according to terms that you set forth. A designated trustee is responsible for ensuring that your wishes for the trust are carried out properly, and the beneficiaries are those who are able to use the assets.

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