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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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“You've gotta ask yourself a question: ‘Do I feel lucky?’”

No doubt about it, it’s been another rough year for most of us financially. And as we gather our tax forms and anxiously look forward to refunds, we are understanding the appeal of the present value of money. It feels better to have the money now, in our accounts, than to think of it stashed …

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