If you create a last will and testament to handle your estate and last wishes, you probably assume that document is ironclad and will be immune to any legal challenge. After all, it’s called a last will and testament – meaning it should be the final say in how your assets will...
3 Effective Strategies to Resolve a Partnership Dispute
Partnerships offer a number of advantages over other business arrangements, including the combined efforts and skillsets of two or more partners. But like any other business, there is a chance that the partners will disagree with or misunderstand each other. This could quickly explode into a full-fledged dispute that may threaten to...
Should You Franchise Your Business? Questions to Ask an Attorney Before You Decide
Many successful business owners have at one point or another considered the notion of franchising their operation. And while franchises have the potential for substantial payoff, not all succeed. The risk-to-reward ratio simply may not be what the owner believes it is. Worse, some owners decide to franchise without knowing the...
Options for Charitable Giving in Your Massachusetts Estate Plan
Estate planning can be an important tool for accomplishing an individual’s charitable goals. Charitable giving via an estate plan provides the inherent rewards of supporting causes you believe in while also allowing the donor to benefit from tax deductions.
General concerns about charitable giving
Types of Property Distribution Issues That Can Arise in a Divorce
Divorces are difficult experiences, regardless of the issues that exist between the spouses. Property distribution can be especially challenging. Massachusetts is an equitable distribution state, which means judges will divide the property based on what is equitable (fair) and not necessarily what is equal. This, alone, introduces an element of complexity....
Essential Items For Your Massachusetts Business Contract
Every business owner understands the value of solid contracts. These agreements govern relationships both within your company and between your company and other parties, protecting the rights of your organization in the process. Not all owners know which terms should be included in the contracts they use, however. Although every agreement...
Potentially Problematic Assets in Estate Planning
Leaving an inheritance for your family is one of the best ways to create an enduring legacy and honor the ones you love. But not all assets are created equal. There are complexities and uncertainties attached to many assets that make it both difficult to create an estate plan and execute it...
The Basics Of Separation Agreements In Massachusetts
Separation agreements go by many names. They are sometimes called Marital Settlement Agreements, and many people think of them as Divorce Agreements. Regardless of what they are called, these contracts play an essential role in allowing spouses to end their marriage on their own terms.
These agreements settle...
Why a Business Succession Plan is Necessary for Your Family Business
Business succession planning involves implementing strategies to determine who will take over and run a company after its current leadership is no longer in charge. Developing a business succession plan is a key step in protecting a company’s legacy and ensuring its future is in good hands. Every organization can benefit...
What Steps Can I Take Now to Protect My Assets If I Need Assisted Living?
How can I Protect My Assets If I Need Assisted Living?Â
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Nursing home costs are skyrocketing, causing many seniors to worry that they will be forced to deplete hard-earned resources that might otherwise be passed on to their children and grandchildren. Fortunately, there are steps that older Americans can...