Through hard work and dedication, you build an estate over a lifetime that can be passed onto your loved ones. Without applying equal effort to creating a protective estate plan, all of that effort can be destroyed after you’re gone. By planning ahead, you can see to it that your estate is managed just the way you want it to be, even when you’re not able to do it yourself.
After a person’s death, or during a period of disability, there are legal steps that must be taken to settle their estate or manage their affairs. The government and potential creditors will definitely be looking for what they believe they are owed. The process can be long and stressful, but there are ways to make it easier.
The McDonald Law Firm can help you to protect your estate so when the time comes, it can provide for you or be passed on to your loved ones as smoothly and tax efficiently as possible. If necessary, we can also guide you through the Massachusetts probate process.
Estate plans are essential for effective succession planning and peace of mind.
We can assist you in creating all or some of the following types of estate planning documents:
- Wills
- Trusts (Revocable or Irrevocable)
- Special needs/supplemental trust
- Medicaid Trusts
- Health Care Proxy
- Advanced Directive (also called a Living Will)
- Power of Attorney (Durable or Springing)
- Homestead Declaration