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Falling Trees & Other Reasons to Plan for Your Incapacity

This morning started not unlike most other manic Mondays, except instead of the alarm, it was the almost 6-year-old waking us up to tell us she needed to use our bathroom so as not to wake her still-sleeping sisters, cruelly followed by the first commuter rail train.  Weekday game time!  But then, just as I …

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5 Key Differences Between Testamentary & Revocable Living Trusts

There are some very important differences between testamentary trusts and living trusts that will remain even after the newly-enacted Uniform Probate Code’s relevant provisions take effect here in Massachusetts next summer. 1.    If time is money, then having to wait for your money is a waste of it.  Putting a will and testatmentary trust through …

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What Happens to My Child's 529 College Savings Plan If I Die?

You and your spouse want to provide as much as possible towards your child’s future college education.  So you did the responsible thing years ago and started a 529 college savings plan.  But what happens if you and your spouse die while your child is still a minor?  Well, your estate will become the owner …

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