Estate Planning Lawyer in Weymouth MA
A trusts and estates attorney focuses on estate planning documents, such as wills and trusts, advises their clients on different estate and tax issues, and works on minimizing estate tax liability. You determine how much of your estate you want to pass down to and to whom – be it physical property, financial investments, or something else.
If this is something you haven’t gotten around doing yet, hire an estate planning lawyer so that they provide guidance on how to handle your estate, draft documents for you, like wills, trusts, and so on.
How do I Know If I Need a Will?
If you die without a will, certain rules and procedures will take place regarding who inherits your money and property. This might not go according to your wishes, so it’s a good idea to make sure your wishes are documented.
If you die without a will in place, state law will determine what happens to your estate. You certainly need a will if you are married, have kids, or have a lot of possessions and assets.
What is the Difference Between Wills and Trusts?
A will is a legal document that determines the distribution of your property and other assets to your designated beneficiaries after your death. You can include other instructions in your will, such as appointing guardians for your children, or state your wishes for your funeral.
According to state law, a will must be signed and witnessed, then filed with the probate court and carried out by the designated executor.
Trusts are legal arrangements that ensure the transfer of assets from their owner to a trustee. That trustee is legally obligated to handle the assets according to the terms stated in the trust.
A wills takes effect after the person dies, but trusts have power once the transfer of assets happens. Trusts are often used in estate planning.
Although estate planning is often considered to be more suitable for older individuals with substantial means, it is something that almost everyone needs to address. Almost everyone has assets like a residence, bank accounts, or a 401(k). It’s important to ensure that the people you want to get them after you’re gone, do indeed receive them.
My practice is focused on helping individuals with the probate of estates and related litigation (such as will contests), estate and trust planning, and conservatorship and guardianship matters.
As a dedicated estate planning lawyer in Weymouth Massachusetts, I provide personal attention to all clients – when you retain me, you’ll be working with me directly on all aspects of your matter. I maintain a caseload that allows full attention to all clients, and to answer your questions at your convenience.
As an estate planning lawyer in Weymouth Massachusetts, I provide personal attention to all clients – when you retain me, you’ll be working with me directly on all aspects of your matter. I maintain a caseload that allows full attention to all clients, and to answer your questions at your convenience. Contact Us Today for a Free Consultation. 781-380-8183.