By: Brandon C. Walecka, Esq. Walecka Law, P.C. 774-203-9003 Brandon@WaleckaLaw.com Increasingly, people are considering all aspects of aging, including planning for their final farewell. While it might not be the most enjoyable task, planning for the end-of-life offers many benefits. One common strategy is to prepay for funeral expenses or set up an Irrevocable Pre-paid …
finances
Estate Planning Tips for Small Business Owners
By: Brandon C. Walecka, Esq. Walecka Law, P.C. 774-203-9003 Brandon@WaleckaLaw.com Owning and running a small business is a labor of love that involves countless hours of hard work and dedication. Amidst the day-to-day operations and strategic planning, it’s essential for small business owners to consider the future—especially when it comes to estate planning. In this …
The New Massachusetts Homestead Exemption Law Change: What Homeowners Need to Know
By: Brandon C. Walecka, Esq. Walecka Law, P.C. 774-203-9003 Brandon@WaleckaLaw.com In a significant development for Massachusetts homeowners, the Affordable Homes Act recently passed on August 6, 2024 has enhanced protections for primary residences. The Homestead Exemption is a crucial legal provision that shields the equity in a person’s home from creditors in the event of …
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Considerations When Choosing a Trustee
Photo by Christina @ wocintechchat.com on Unsplash By: Brandon C. Walecka, Esq. Walecka Law, P.C. 774-203-9003 Brandon@WaleckaLaw.com Many of my clients choose to create a trust as part of their Estate Plan. After all, trusts save time, cost, paperwork, and have the potential to reduce taxes. They also ensure that the Trustor’s assets are handled according to their …
Is it a good idea to have my son or daughter on my bank account?
By: Brandon C. Walecka, Esq. Walecka Law, P.C. 774-203-9003 Brandon@WaleckaLaw.com I often meet with clients who want their adult children to be able to access their accounts to help with writing checks or paying bills on their behalf. However, this good intention can create a serious risk of liability if carried out incorrectly. Often, a parent …
Is it a good idea to have my son or daughter on my bank account?Read More