Phillips, Gerstein & Channen, LLP

Contemplating Your Estate Plan During Covid-19

Get Your Affairs in Order For most of us, coronavirus and the threat it poses has made us contemplate the status of our estate plans. As thousands of people in the Commonwealth have died of COVID-19 and its complications, many thousands more are ill, and many, many thousands more face unemployment and financial hardship. There […]

The LAST WILL AND TESTAMENT

Question: What does it accomplish? Answer: Allows you to distribute your Estate Property in the manner you chose. So in effect you are providing instructions stating whom you want to receive something of yours, what you want them to receive, and when they are to receive it. Without a Will, your Estate Property is distributed […]

What is the difference between a revocable and irrevocable trust, and which needs do they serve?

The ability to change is at the heart of the difference between revocable and irrevocable trusts. Revocable trusts take their name from the trustee’s ability to “revoke” (i.e. change) provisions of the trust agreement after signing. These changes could include adding or removing beneficiaries of the trust by amendment or even dissolving the entire trust. […]

My Aged Parents Refuse to Discuss End-of-Life Care and Getting Their Affairs in Order

No one is keen to discuss “the End,” as if talking about it will somehow hasten it, or not talking about it might prevent it from happening! By encouraging your parents to prepare for the end of their lives, you are not only acting as a responsible and loving child, but you are saving time, […]

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estate planning

Contemplating Your Estate Plan During Covid-19

The LAST WILL AND TESTAMENT

What is the difference between a revocable and irrevocable trust, and which needs do they serve?

My Aged Parents Refuse to Discuss End-of-Life Care and Getting Their Affairs in Order

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