Monthly Archives: July 2024
![DNR DNR](https://www.bostonestatelawyer.com/wp-content/uploads/2024/07/DNR-150x150.jpg)
Estate Planning: Understanding DNR Orders
Preparing for future health care needs is a vital—and too often under-looked—aspect of estate planning. There may eventually come a time when you will not be in a position to make your own medical decisions. A proper estate plan can ensure that you are able to have input on your care, if and when… Read More »
![QTIP QTIP](https://www.bostonestatelawyer.com/wp-content/uploads/2024/07/QTIP-e1721243977690-150x150.jpg)
Estate Planning In Massachusetts: What Is A Qualified Terminable Interest Property (QTIP)?
Are you married? If you have significant assets, an estate planning tool called a qualified terminable interest property or “QTIP” may be the right option for you to protect your assets and your beneficiaries. A QTIP can be especially useful if you have or your spouse has children from a previous relationship. Here, our… Read More »
![IRA_Inherited2 IRA_Inherited2](https://www.bostonestatelawyer.com/wp-content/uploads/2024/07/IRA_Inherited2-150x150.jpg)
Do You Have To Withdraw The Money From A Retirement Account You Inherited?
Through proactive estate planning, a person can leave the remainder of their retirement accounts to their heirs. What happens when a retirement account is inherited? The short answer is that the IRS has specific rules and regulations in place that require timely withdrawals. At Fisher Law LLC, we have extensive estate tax planning experience…. Read More »
![Massachusetts Massachusetts](https://www.bostonestatelawyer.com/wp-content/uploads/2024/07/Massachusetts-150x150.jpg)
Estate Planning In Massachusetts: Guide To Stepchildren
Many people are part of blended families. Pew Research Center estimates that 40 percent of U.S. adults have at least one “step relationship”—it could be a stepparent, stepchild, stepsibling, or any combination. For those in step-families, there are major estate planning implications. It is crucial that you have the right strategy in place to… Read More »