Do you ever stay awake at night wondering who will take care of your children in the unlikely event something happens to you and your spouse? Life is unpredictable and as parents we are wired to worry about our children. Establishing a guardianship plan for your minor children is a simple way to prepare for […]
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How Much Does a Divorce Cost?
How much does a divorce cost? It depends. It depends on how well parties can agree on how to divide assets, debts, co-parent the children, and whether and how much one party will receive ongoing financial support from the other. Parties can choose several routes through the divorce process: Do it yourselves (“DIY”), Support from […]
Four Documents Young Adults Should Take to College
Turning 18 years old comes with new privileges, responsibilities, and privacies. Among them are managing finances, education, and healthcare needs. In other words, Adulting. In the eyes of school administrators and healthcare providers, your child has become an adult. This means that your young adult needs to provide permission for you to access their school […]
Do You Need a Trust?
I am frequently asked whether a trust is necessary, and I give the most legal answer I know: It depends. There are many different types of trusts, that serve many different purposes. They can shelter assets to reduce estate tax liability, protect privacy during the probate process, provide for responsible financial management of a minor […]
What Every Divorcing Parent Should Know About Custody
If you have children with your spouse, divorce won’t be the end of your relationship. You’ll both need to figure out a partnership that works for your child’s best interests. Divorced parents typically share custody and need to communicate about everything from schedules to educational plans. Here are some basics: There is a Difference between […]
Three Estate Planning Essentials for Parents
In Massachusetts, simple estate planning for parents of minor children can be boiled down to three items on a “to do” list. My “To Do” list is a mile long. I’m going to guess that yours is, too. Every day, I write down the Top Three Things I need to get done that day. Schedule […]