You Need Real Answers About Estate Planning
Like many areas of law, estate planning is surrounded by misinformation and myths. When you need real answers to your questions, don’t rely on friends and family. Speak with an experienced lawyer who will give you the answers you need to protect yourself, your family and your assets.
At the Law Office of Richard J. Boudreau, you will find the experience and knowledge you need from Massachusetts estate planning attorney Richard Boudreau. With legal experience that goes back over 35 years, he knows how to answer your questions in a way that makes sense and allows you to move forward. Speak with him today. Your consultation is free.
What Are The Basic Components Of An Estate Plan?
Depending on your family, your goals and your assets, there are many options for creating an estate plan, including:
A Will: With a Will in place, your family will know your final wishes, which can reduce conflict. You can use a Will to designate money, cars, property, family heirlooms and more to the people you choose. You can also officially document legal guardianship for any minor children you have. One drawback of a Will is that it will go through probate, which can be time-consuming and costly. Speak with attorney Boudreau about how to avoid probate in part or completely, if appropriate.
One or more Trusts: A Trust avoids probate, so the assets you put in the Trust will pass seamlessly to the heir or beneficiary. Not everyone needs a Trust, so attorney Boudreau will let you know whether you should create one. There are many types of Trusts that may benefit you (Irrevocable Life Insurance Trusts, Special Needs Trusts, Charitable Trusts, and many more. Set up an appointment to discuss what may help you!
Power of attorney: You may want to have a trusted friend or family member be your proxy to handle your financial and property affairs if you are incapacitated.
Health care proxy: You can also specify someone to make health decisions if you are unable to do so. This can be of enormous comfort to your loved ones because there is no guessing or arguing about what type of care you receive, and avoids costly court involvement to determine who will make these important decisions.
It Will Be A Relief To Have These Matters Settled Before It’s Too Late
Learn more about how you can put your wishes in writing to protect the legacy you built, as well as to make things easier for your family when you are gone. Please call attorney Boudreau’s Andover law office today at 978-503-0848. You can send an email if you prefer. Your consultation is free.