Having a Plan

Having A Plan Many of my clients are reaching out to me to say how they are more confident than ever in the estate planning we did together. There is a more heightened sense of “do I have my affairs in order, is there anything else I should be doing in case I get sick … Read more

5 Rights That Trust Beneficiaries Have

As a trust beneficiary, you may feel that you are at the mercy of the trustee, but depending on the type of trust, here are 5 rights that trust beneficiaries have to ensure the trust is properly managed. A trust is a legal arrangement through which one person, called a “settlor” or “grantor,” gives assets to … Read more

Why Small Business Owners Need an Estate Plan

Running a small business can keep you busy, but for this very reason it’s especially why small business owners need an estate plan. Not having a plan in place can cause problems for your business and your family after you are gone.   While an estate plan is important for everyone, it is especially important … Read more

Incentive Trusts: Ensuring an Inheritance Will Be Well Spent

Many parents or grandparents with sizable amounts of money to pass on to their heirs are apprehensive about the effect it many have on their children or grandchildren. In some instances, they fear that the recipients will misspend the funds on drugs, fancy cars or failing businesses. In other cases, the fear is simply that … Read more

Using a Roth IRA as an Estate Planning tool

A Roth IRA does not have to be used as just a retirement plan; it can also be a way to transfer assets tax-free to the next generation. My clients are often using a Roth IRA as an estate planning tool. Here’s why: Unlike a traditional IRA, contributions to a Roth IRA are taxed, which means … Read more

ElderLawAnswers.com The National Academy of Elder Law Attorneys (NAELA) Elder Care Matters Logo The Mass National Academy of Elder Law Attorneys (NAELA)
Kennan Law Offices Cape Cod