Arthur P. Skarmeas
Drafting a will takes some time, but it makes the bequeathal process much simpler. Because of the lack of clarity regarding the deceased’s wishes, it can be far more complicated for their loved ones to inherit their belongings. Here’s what happens to someone’s assets and property if they pass away without a will. Lack of …
Sometimes, it can seem like lawyers speak an entirely different language. But for non-lawyers in a variety of fields, being familiar with a few legal terms can give them a competitive edge when discussing industry regulations or potential deals. Here’s a brief list of common legal terms and their meanings. Action This term refers to …
It is common to have questions about different health insurance coverage types, particularly the differences between Medicare and MassHealth. Here in Massachusetts, MassHealth is just the state name for Medicaid, and it is no different than the Medicaid care offered in other states. An easy way to quickly differentiate these two types of coverage is …
An alternative to traditional testaments and estate planning methods, family trusts allow individuals to control, protect, and manage their assets both presently and in the future. Ideal for those with assets of substantial value, family trusts can help minimize or eliminate concerns such as access delays, wasteful spending, unintended possession of ownership, and other concerns …
Many people harbor fears of reaching an age or state in which they are unable to take care of themselves and make important decisions. A living will can be utilized so that your affairs are predetermined and you can make decisions that are right for you and your family; however, a living will isn’t used …