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February 06, 2012
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Wills & Trusts News

 

What Other Planning Should I Do

LIST OF ASSETS AND DEBTS

Making a list of your assets and keeping it in a place known to your executor or other family members is of great help to them when you are not able to share that information with them. List your bank accounts, safe deposit boxes, stocks and bonds, real estate, and other assets. Also list the names and addresses of anyone to whom you owe money.

DURABLE POWER OF ATTORNEY FOR PROPERTY MANAGEMENT

In this document, you appoint another individual (the "attorney-in-fact") to make property management decisions on your behalf if you are incapacitated. The attorney-in-fact manages your assets and must do so in a prudent manner accountable to you and solely in your best interests.

DURABLE POWER OF ATTORNEY FOR HEALTH CARE

This document allows the person named as attorney-in-fact to make health care decisions for you when you can no longer make them for yourself. It may also contain statements of wishes concerning such matters as life sustaining treatment and other health care issues, and instructions concerning organ donation, disposition of remains and your funeral.


 

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  News Room  
 
Lake Worth Tax Return Preparer Convicted On Tax Fraud, Contempt Charges
R. Alexander Acosta, United States Attorney for the Southern District of Florida, Eileen J. O’Connor, Assistant Attorney General for the Justice De...
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New International Financial Scams Brochure
The Bureau of Consular Affairs (CA) has issued an International Financial Scams Brochure to help Americans identify and avoid financial scams origi...
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What If My Assets Pass To a Trust After My Death
You may make provision in your will for a trust to be created after your death and funded with assets held in your estate. When trusts are created ...
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Common Terms

 


Today's Terms

Power of Attorney

Definition:
A written document used by one person (the principal) to give another person (the attorney-in-fact or agent) authority to make financial or other decisions for the principal.

Accounting

Definition:
A detailed written explanation of everything that has been received and paid out by a conservator, personal representative, or trustee.

Expenditures

Definition:
Payments of money.

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Resource Center

 

 

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Hot Topics

 

  • Creating A Trust
  • Types Of Trusts
  • Modifying A Willl
  • Types Of Wills
  • Disinheriting Family
  • Selecting An Executor
  • Protecting Assests

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Massachusetts Wills & Trusts Attorney

 
If you live in the following cities and need a Wills & Trusts Attorney you should contact our Wills & Trusts Attorneys as soon as possible:

  • Amherst
  • Attleboro
  • Beverly
  • Boston
  • Brighton
  • Brockton
  • Chelsea
  • Everett
  • Fitchburg
  • Framingham
  • Holyoke
  • Lawrence
  • Leominster
  • Lynn
  • Malden
  • Marlborough
  • Medford
  • Methuen
  • New Bedford
  • Peabody
  • Pittsfield
  • Plymouth
  • Quincy
  • Revere
  • Salem
  • Taunton
  • Westfield
  • Woburn
 


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