January 10, 2009
The process of planning your estate can be a daunting one. Often, you are asked to think about, discuss, and plan for an event that is unpleasant. For most of us, the plan we develop will not be needed for years. On top of that, you are then asked to gather numerous documents and verify details about your [...]
Christopher Sharry
Estate Planning
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January 6, 2009
When discussing estate planning, I often hear the remark “I don’t need a Will”. Many think that they don’t have a large enough estate, or that everything will automatically pass to their spouse. That is not always the case.
If you die without a Will, Massachusetts law will control how your property will be distributed. After payment of debts, [...]
Christopher Sharry
Wills
Tags: Add new tag, Asset Protection, estate, estate distribution, Estate Planning, intestate estate, probate, property distribution, Wills, worcester estate planning, worcester wills lawyer
December 26, 2008
For calendar year 2009, retirees will have the option of leaving the amount they normally would have to withdraw as a required minimum distribution (RMD) in their accounts. President Bush recently signed legislation that will suspend the RMD for 2009. Required minimum distributions, generally, are the minimum amounts that an account owner must withdraw annually beginning the year [...]
November 7, 2008
As the turmoil in the financial markets continues to affect many different aspects of our lives, one obvious area has been to our retirement accounts. Depending on what types of investments you currently hold in your portfolio, you have most likely seen a decrease in value. According to this statement of Peter Orszag, director of the Congressional Budget [...]
November 7, 2008
I get this question quite often. Family members and friends falsely assume that estate planning is for the “rich”. They think that they are too young to need a Will or they don’t have enough money to worry about planning. I explain that sometimes the headaches associated with a lack of planning usually have nothing to do with [...]
