Depending on how you plan, your will could contain information that may be surprising to your loved ones. There are situations in which, if you neglect to update your beneficiaries, your ex spouse could inherit your money. Read more here.
CNBC Article: Your Ex-Spouse Could Inherit Your Money.Read More
When creating our wills, it is easy to overlook the amount of assets and information we have on the web. Have you ever thought about what will happen to your social media accounts, frequent flier miles, subscriptions, and bank accounts? Click here to read more.
Thinking of leaving your heirs an inheritance? This will give them a leg up, but learn how to help them out even more here.
By: Brandon C. Walecka, Esq. Walecka Law, P.C. 774-203-9003 Brandon@WaleckaLaw.com I often get asked whether transferring someone’s home to their children would protect it from nursing home costs. The short answer – probably not. The correct answer depends on your family’s unique situation, including health and financial situation. There are several things to consider when …
Should I Transfer my Home to my Kids to Protect it from the Nursing Home Care?Read More
By: Brandon C. Walecka, Esq. Walecka Law, P.C. 774-203-9003 Brandon@WaleckaLaw.com Have you checked recently who you have designated to inherit your assets? If not, you may find that your designated beneficiary is not who or what you think it should be. It is recommended that every few years you revisit these types of assets to …
The Importance of Updating Your Beneficiaries in MassachusettsRead More
By: Brandon C. Walecka, Esq. Walecka Law, P.C. 774-203-9003 Brandon@WaleckaLaw.com With the average cost of higher education ranging from $25,000 to $50,000 a year, it is understandable why many grandparents want to help their grandchildren pay for college. In some cases, a would-be college student may ask their grandparent with good credit for help. Generally, …
Why You Shouldn’t Co-sign your Grandchild’s Student LoansRead More
Written by Brandon C. Walecka, Esq. Many seniors consider gifting assets for long-term care planning purposes or just to help a child or other loved one in need. Did you know that some gifts can cause major problems for both the generous donor and the recipient? Here are a few points to ask yourself before …
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