Massachusetts Wills and Trusts
Estate Planning in Massachusetts
Nearly 60% of adults in America do not have a will, or any other estate planning documents in place. it is not because you don't love your family, or worry about their future. It is just hard to know where to start, and what kinds of decisions you might need to make. Below is a summary of the primary things our clients seek to address with their estate planning.
What Can You Do With Wills and Trusts?
We know worst case scenarios are unlikely to happen, but it's our job to plan for them anyway. Even a simple estate plan can ensure that your minor children have guardians and funds in case something happens to both parents.
In Massachusetts, it is easier to find yourself owing estate tax than you might think. Even when you don't think you're rich. We can help you put a plan in place that saves as much of your hard-earned legacy as possible for your loved ones.
If you or your spouse need long term care/assisted living, you can quickly wipe out all you have worked so hard to build to pay for it. We can help you create an asset protection trust to help you qualify for assistance and preserve assets.
If you are too sick to make decisions, it is critical to have someone you trust to make decisions for you. We can help with a health care proxy to make sure your doctors have clear guidance and your wishes are honored.
Your business and financial affairs matter as well if you are too sick to make decisions. We can help with a Power of Attorney to give someone you trust the legal right to take care of your financial and business decisions.
Without an estate plan, your family could spend a year or more in court (and money on lawyers) to settle your estate. A comprehensive plan can minimize or avoid altogether the need for your family to hire lawyers and go to court.
Visit our Estate Planning Solutions page for more information.