Subscribe

Why Do I Need a Trust?

why do I need a trust if I have a will

Welcome back to my series on estate planning. I hope that our articles have been helpful and informative. If anything else, I want to spark thought on this topic and help you begin deciding what you’d like to see happen when you are gone. Okay, let’s get to Trusts!

I know, I know. The first thing that you think of when you hear the word “trust” is a debutant or a celebrity that has millions and needs for it to be doled out slowly so it is not wasted. It’s actually an avenue for many of us “average Joe’s” to make sure that our little ones, or our relatives that can’t care for themselves, are cared for.

That said, not everyone needs a Trust.  Often I hear questions from people that want a trust because they have heard about trusts but truly don’t need one. I also get questions such as “Why do I need a trust?” Their thought is that – hey I already have it all laid out in my will.  I don’t want to complicate things.  A trust is needed if you have young children, or people that may not be able to properly manage their own funds (due to mental handicap, physical disease, immaturity, etc.), that could possibly inherit your assets. Even if you do not have such a person as a direct beneficiary, they may take by default if your named beneficiary predeceases (dies before) you. For example, if you leave your estate to your son, but he has children, in the event that he predeceases you, his children will inherit his portion (assuming that you do not designate otherwise). If those children are young, you need to plan for that.

To determine if you need a trust, the best thing to do is sit down with an attorney and discuss your wishes for the future. Contact me when you are ready to meet and discuss, or update, your estate plan.

Remember to follow me this week for a series of articles about the many areas of estate planning. Always remember to check out my answers to questions posted on our Facebook page and check back often for more news, blogs and law updates on estate planning!

What are temporary orders in Massachusetts?

What are temporary orders in Massachusetts? ​When a divorce begins, rarely do the parties consider temporary orders in Massachusetts to be a necessity, however they ask the court for many things.  When the divorce begins, the parties rarely sit in a position to agree...

Can You Get a Divorce Reversed?

Sometimes one or more parties to a divorce will be unhappy with the results of the divorce order and may wish to have the result reconsidered.  For whatever reason the question becomes "can you get a divorce reversed?".  This process of having the order reconsidered...

Estate Planning in Detail

Since estate planning is on my mind this week, I decided to feature a series of blogs that will give information about the many areas of estate planning in detail.  With these general guidelines and information, it is my hope to lessen the stigma of estate planning so...

What Happens to the Family Home in a Divorce?

A large concern during divorce consultation is the marital home. What will happen? Can I stay? Will I be forced out? Can I afford it? How will the Court decide to which party the home is awarded? The answers to these questions will often determine the outcome of other...

Child Support: Two Part Series on Common Issues – Intro

Certain questions become very common in the practice of divorce and parenting.  Particularly with the commonality of changing jobs more often than in the past and second marriages and/or new relationships post-divorce, issues rise that may not have been an issue many...

Massachusetts: Joint Petition or Complaint for Divorce

In Massachusetts, there are two ways by which a party can file for a divorce. The first is commonly known as a “joint petition.” The second is commonly referred to as a “complaint for divorce.” A “joint petition” is filed when the parties agree on how to resolve all...

​ Can you get a restraining order on behalf of your child?

​As a parent it is our number one job to protect our children. In today's world, with all of the technology, there are more ways than ever for a child to be targeted. Children can be targeted by their own peers, by adults pretending to be other children or by...

Can my spouse take my inheritance when we divorce?

Can my spouse take my inheritance when we divorce? Often my clients arrive concerned for their divorce consultations and are very worried about their spouse taking an inheritance that they received during the marriage. Will my husband take a portion of this money when...

Massachusetts: The Alimony Reform Act

A recent hot topic in family law is alimony. I’m sure a lot of you have heard of the proposed legislation known as the Alimony Reform Act. This Act aims to define, clarify and guide the Courts, and the litigants, regarding certain aspects of alimony. Amongst other...

Absent Parents: The Parent Who Used to be Absent

Absent parents is a topic that I see frequently in my practice. Here’s a perfect example: Mom was pregnant but dad wanted nothing to do with her, or the baby, during pregnancy and for a while thereafter. At some point, for whatever reason, the dad becomes interested...

Divorce After 50

Picture This:  You married your high school sweetheart.  You settled down and had a couple of kids early in life whom are now out of school and have families of their own.  Through the early years of your marriage things were great, but as you both matured, and the...

MA: Can I Hire a Lawyer During COVID-19

Q: Can I hire a lawyer during COVID-19 with the courts being closed? Can they still work on my family law related case? A: Even if the court is closed, having an attorney assist you is so important.  Most importantly, you should not go through this alone.  Having an...

Custody Case Takes a Turn – The Brad Pitt Saga

If you’re not living under a rock, and if you are a loyal reader here on my site, I am sure you’ve heard about the custody battle between Brad Pitt and Angelina Jolie. Some months ago, Angelina claimed that Brad abused their child and sought full custody of all six...

Can I Keep My Home

In the first part of this series, we discussed the marital home and what happens in a divorce to that home.  Click here for our last article- What Happens to the Family Home in a Divorce.  Continuing that series, we will start with the next question which involves...

Massachusetts Contempt: Need to Know

 Massachusetts Contempt: What is it? How do I address it? What are the remedies? I hear people use the word “contempt” all of the time, but there is a lot of confusion about contempt and what to do about contempt. Here’s more information about this issue. What is it? ...

Divorce and Drama…oh the Drama!

We laugh about it when we see it on TV.  We shake our heads in disbelief when our friends tell us about it in their lives.  But suddenly, you find yourself in the midst of a divorce and right smack in the middle of a real life reality drama series just like those made...

Substance Abuse and Parenting

A parent or other caregiver with an alcohol or drug addiction has a profound impact on their children.  Substance abuse and parenting are more common than most people realize.  Unfortunately, the parent does not always see that his or her behavior is harmful or won’t...

Can my husband force me to sell our marital home?

This question is dependent on many factors. The very general answer is that the home will be awarded to one party or sold to a third party.  To decide what will happen, the Court will look to the wishes of the parties (who wants to stay in the home?), the ability to...

The Only Person that can Change a Court Order is the Court!

I come across this issue fairly often, many different contexts, and decided that it was a great issue to discuss here. It is very clear in all contexts. If you are subject to a Court’s Order, that Order remains effective until 1) that order expires or 2) the Court...

I missed my (criminal) court date! What do I do?

You’re going about your day and suddenly realize that you were supposed to be in court. Last week. You thought it was next week, but it was actually last week. Oh no! What do I do!? First, understand that you are in default and a warrant has likely been issued for...

Why Do I Need an Estate Plan?

Recall in our first article on estate planning that we introduced you to some general information question about estate planning.  Let’s start our series out now with a very basic question: Why do I need an estate plan? This is a very reasonable question! I think that...

Just When We Thought He Was Beyond Reach

By now you may have heard that Bill Cosby was recently criminally charged by one of the women who claims that she was drugged and touched by him in the past.  The Commonwealth of Pennsylvania charged Bill Cosby today with aggravated indecent assault, sneaking the...

Marital Property: What is it?

Far too often I meet with a client for consultation who is concerned that a certain asset is not a marital asset because it is not “in [their] name.” A client may say “well, we have a home but it is in his name only” or “I don’t have a retirement account, but she...

Filing a Protective Order

Filing a protective order (209A) can be a scary time.  Maybe you aren't sure where you will go.  Maybe you have children to consider.  Perhaps your family is not as supportive or available as you need.  There are places and ways to get help so that you are not alone. ...

Kid’s Corner: The “Do’s”

This is part two of my advice for dealing with your children in divorce. I’ve already made my disclaimer that I’m not a therapist by any means. I do have children of my own. I do help my clients deal with their children’s issues in the course of my representation...

Cheating Spouse: How Do You Know?

Brad Pitt and Angelina Jolie have been all over the news lately about their divorce.  There have been numerous reasons cited for the divorce.  Everything from drug abuse to physical abuse to affairs.   Both have been married AND divorced more than once.  In this and...

Quality Time With Kids

Children of divorced or separated parents have a bum rap.  There is just no other way to state it.  No matter what parents do, kids dream of having mom and dad together.  Behind the scenes this is not always the best solution for the children so what is the best plan...

Is It Safe To Leave an Abusive Marriage?

A co-worker, "Pat",  confides to you during lunch one day that her "marital bliss" has all been a sham and that she thinks she has just learned to accept her husband's abusive behavior.  All of the stories she shares at work about her family are lies and have been for...

Surviving Divorce Through the Holidays

Happy Holidays! – even during divorce. ​“It’s the most wonderful time of the year!” During a divorce, or even after a divorce, the holidays can be a very difficult time of the year. Since the holidays are upon us, here are a few pointers to keep your kids happy, save...

Divorce: Moving on When Others Won’t

Divorce is rough.  It's an emotional roller coaster for everyone involved.  Just getting to the point where a couple decides that divorce is the only solution left is often devastating.  After the dust settles, and the divorce is completely finalized, both parties are...

Supreme Judicial Court Announces Interim Procedure for Attorney and Self-Represented Party Participation in Juror Voir Dire

Supreme Judicial Court Announces Interim Procedure for Attorney and Self-Represented Party Participation in Juror Voir Dire BOSTON, MA – The Supreme Judicial Court today announced an interim procedure to implement a new statute, St. 2014, Chapter 254, Section 2, which...

Parental Alienation: Divorce and Custody Series

Divorce can have a variety of effects for both parents and children. Children often feel misplaced and at fault so it’s the parents’ responsibility to assure the child that the causes of the divorce were not related to the children at all. Unfortunately, some parents...

Letting Go After Your Divorce

Divorce can be devastating even when both parties agree. Letting go after your divorce is difficult at best.  It's an emotional roller coaster, particularly when children are involved.  Sometimes, one party has been the "fixer" in the relationship; the one who has...

Family Vacation After the Divorce

The reality of a divorce or separation often hits families the hardest over holidays and vacation time.  Family vacations may have been where many memories were created over the years.  Now, after a breakup of the family, it's an emotional time since nobody is quite...

Social Media and Legal Action

The biggest piece of advice that I can give to a client is to refrain from social media when you are involved in litigation.  Be it a criminal case, a divorce, a restraining order – no matter what type of case, the best bet is always to stay silent.  Clients are often...

Appeal a Judgment

I recently came across this article "How to Appeal a Judgment without an Attorney."  Being fairly intrigued, I read the article looking for holes that I could use in writing this post.  However, I must admit, it was well written and it was thorough.  It began by...

Can I be arrested for a warrant in Massachusetts if I go to the local DMV in Massachusetts?

Q:  Can I be arrested for a misdemeanor warrant in Massachusetts if I go to the local DMV in Massachusetts? If there is a warrant, you can be arrested at any time. They don't specifically have people standing by to take you into custody at the DMV, but certainly, law...

Brangelina: What If They Divorced in Massachusetts?

I can’t imagine you’ve listened to the news or radio over the past week without having heard something about the pending divorce of Brad Pitt and Angelia Jolie.  The two separated recently and Jolie filed for divorce.  It's become a nasty case with all sorts of...

My ex won’t pay child support. Can I refuse to let him see the kids?

My  ex won’t pay child support. Can I refuse to let him see our daughter? Absolutely not! If you do it, you are in contempt. Child support and parenting time are two separate issues. If there is an order for support and an order for parenting time, each of the parties...

How to Complete a Financial Statement

One of the biggest concerns in family court is the creation of a financial statement (or in New Hampshire, a financial affidavit). I see clients stress day after day about the information to include, the necessary documents and the mandated disclosure. Here are some...

CWOF – May I have another?

A while back I wrote an article telling you about a CWOF. What is it? How does it work? What does it entail? You can check that article out here: What is a CWOF.   Recently I have had a number of questions about the process of CWOF, including whether it can be done a...

Making an Appeal in Massachusetts

Update: In recent news, Avery's attorneys have submitted a number of appeals documents.  Several of these have been denied, however it appears one or more of these are still winding their ways up through the Appeals Courts.  Brandan Dassey, however, may have exhausted...

Wait! We Didn’t Mean to Divorce! Can’t We Get a Do-Over?

During the month of December, the New Hampshire Supreme Court upheld a lower Court’s decision that a couple cannot “un-divorce,” or “vacate” their divorce, by joint motion to the Court. In this particular case, a couple that had divorced after 24 years of marriage...

Who wants a Life Estate?

I am sure that you’ve all heard the recent news that Hugh Hefner put the Playboy Mansion up for sale.  For a mere $200 mill, you can purchase the mansion and call it your own – with one catch!  Hugh will live out the remainder of his life at the mansion before you can...

Do I Need a Holiday Schedule?

Question: Do I need a holiday schedule in my parenting plan/divorce agreement? I see this question a lot in my practice, particularly where the parties seem to be working together and getting along well during the time that they are drafting an agreement.  We can work...

Can I get an Annulment, please?

What is an Annulment? In Massachusetts, an annulment is a statement by the Court that you were never legally married. Unlike divorce, which acknowledges that you were married and then terminates that marriage, annulment it is as if the marriage never happened. ...

Should You Date Before Your Divorce Is Final?

You filed a Complaint for Divorce and are ready to move on with your life. Should you date before your divorce is final?  Can dating someone hurt you while you are going through the divorce process? Could dating hurt you at all? Although it is always best to wait...

Grandparent’s Rights in Massachusetts

The issue of visitation rights for grandparent’s rights is governed by Massachusetts G.L. c. 119, s. 39D. Grandparents may seek visitation, “grandparent’s rights,” through the Court with their “unmarried minor” grandchildren if: (1) the parents are divorced, married...

Blanchette: Case on Appeal

Recently the New Hampshire Supreme Court overturned the conviction of Ernest Justin Blanchette, a former deputy sheriff charged with sexual assault of an inmate during transport from the Belknap County jail to the state prison for women in Goffstown. This case shows...

Can I have an attorney for mediation?

    Often I have people consult my office that either want to or have agreed to attend mediation (through a court process or otherwise). They tell me that they can “work it all out” or that they “don’t want to argue.” Often people tell me that they...

Pin It on Pinterest

Read previous post:
Marital Property: What is it?

Far too often I meet with a client for consultation who is concerned that a certain asset is not a...

Close