About The Law

By Barry Gordon,
Attorney at Law
bgordon@gmo-law.com

Tips for Estate Planning

Car sales are climbing, crocuses (croci, for you Latin scholars) are up, winter coats no longer shield our backs each day nor does the yoke of winter weigh on our shoulders.

A bright smile and a good attitude will multiply your opportunities for a job, either full or part time.

Since most people are now thinking about their taxes, it’s a good time to look at estate planning. You may need a will, but if there are kids or grandkids that you want to benefit a trust is in order.  Make sure the people you want to benefit are truly protected.

Talk to your parents and make sure they have their financial needs are in order, ns well as their estate plans, health care proxies and powers of  attorney.  While these discussions may cause some temporary stress it will be minimal compared to what would happen after the funeral.  Believe me, the discussion will be cathartic and well received.

Consider reverse mortgages for you parents to allow them to stay in their homes. Consider refinancing now while rates are low.  If you have the means, help your kids buy a house while they can still get a tax credit.

For all these reasons and many more call Gordon, Mond & Ott, P.C..

Also, for those of you providing care as a caregiver, try reading The Caregiver’s Compass by Whiteside

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Barry Gordon is an attorney in Quincy, MA who is President of Gordon, Mond & Ott, P.C.  A graduate of Northeastern University and Boston University School of Law, he represents families, businesses and financial institutions. His concentrations include real estate and business.  Barry is a member of the Massachusetts Bar, the Florida Bar, SSWBN,  the South Shore Chamber of Commerce and the Art and Business Council of Boston.

Strive to be a “10″ in 2010 and you will be.

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