What’s trending on NP Trusts & Estates



April 02, 2019

NP Trusts & Estates Blog

Author(s): Sally A. Dabrowski, Kaitlyn B. Barnett, Alexandra P. Crean, Deborah L. Anderson, Sarah M. Roscioli, Kerri L. Painting

Retirement saving strategies by age, where and how to collect unclaimed funds, the importance of premarital agreements in today’s world and more. Here’s what’s trending in estate planning and wealth management.

Estate Planning

Planning for pets during disability

Pet owners should consider planning for the care of their pets during any time when they are not able to care for the pets themselves.—Sally A. Dabrowski

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The importance of premarital agreements in modern society

Premarital agreements—customarily associated with celebrities and the super wealthy—are not only for the rich and famous but also can provide numerous benefits to anyone with personal assets, liabilities, property or children from a previous relationship.—Kaitlyn B. Barnett

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The importance of elective share statutes in “I love you not” wills

Some married individuals do not wish to provide for a surviving spouse under their estate plans. A recent Massachusetts Supreme Judicial Court decision underscores the importance of states’ elective share statutes when individuals do not wish to execute “I love you” wills in favor of a surviving spouse.—Alexandra P. Crean

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Tax planning related to transfer of ownership of closely held family business

There are several issues one must consider when transferring a closely held business to the next generation.—Deborah L. Anderson

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Wealth Management

Retirement saving strategies by age

Saving for retirement is smart, and saving for retirement with specific tactics at specific ages is smarter.—Sarah Roscioli

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Unclaimed funds — What are they and how do I collect?

How do I collect any unclaimed funds in my name that may have been turned over to my state?—Kerri Painting

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The foregoing has been prepared for the general information of clients and friends of the firm. It is not meant to provide legal advice with respect to any specific matter and should not be acted upon without professional counsel. If you have any questions or require any further information regarding these or other related matters, please contact your regular Nixon Peabody LLP representative. This material may be considered advertising under certain rules of professional conduct.

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