Massachusetts Estate Planning arranges for the transfer or disposal of assets after your death. Comprehensive and careful planning is extremely important if you want your wishes to be carried out in an appropriate manner and to avoid disputes or litigation among family members or other beneficiaries. Without a proper and comprehensive estate plan, your assets and wishes may not be administered according to your intentions.
When it comes to estate planning, everyone’s personal circumstances and goals are truly unique, as should be their estate plan.
Establishing a Will
bookA will is a legal declaration about how you want your assets, property, personal belongings, money, and valuables distributed after your death.
Creating a Trust
securityIt allows you to decide how you want property or funds to be handled over a defined period of time.
account_balanceProbate is a very expensive and time consuming legal process which is required if someone passes away with assets owned in their individual name. It applies regardless of whether someone dies with or without a Will.
Special needs Planning
accessibleSpecial needs is the broad category covering care for individuals suffering from a wide range of physical disabilities, medical conditions, intellectual difficulties, or emotional/behavioral problems.
local_hospitalCharitable gift planning can range anywhere from a simple process to more involved strategies, depending on your unique circumstances.
Massachusetts Estate Planning Attorneys, Simmons & Schiavo, LLP
Wouldn’t it be great to have peace of mind knowing that your loved ones will inherit your assets and will do so privately and efficiently, without the burden, delay and expense of the probate court and that your assets and medical care can be properly managed if you become incapacitated? We are here to help you and your family. We are dedicated to developing a plan which is personalized for you. At Simmons & Schiavo, we know that each one of us has different concerns and different objectives when it comes to our families. Whether your goal is to minimize estate taxes, protect your assets from long term care/nursing home costs, avoid probate, shield your assets for your children’s creditors or plan for the financial needs of a loved one with special needs, we will design and implement a plan that is custom-tailored to meet your specific goals.
In life, you have to be prepared for any unexpected occurrence. Planning is key. A good estate plan is more than just “a simple will”; it is a comprehensive portfolio of legal documents working together to give you the most protection for any situation whether it be an unexpected disability, mental incapacity or death. However, estate planning does not stop there. Even well-drafted estate plans fail if the next step is not taken. It is critical to align your assets with your plan so that your estate plan works when you need it most. We can assist you in accomplishing that important goal.