Now Is The Time To Prepare For The Future With An Estate Plan
Most people delay putting together an estate plan. The prevailing notion is that there will always be time for that, or perhaps it’s better to wait until you have amassed more wealth before putting together an estate plan. More often, though, people just aren’t motivated because estate planning never seems imminent. The fact that many people simply dread the idea of calling a lawyer is also a factor.
At McDevitt Law Group, P.C., our lawyers are people, too. We understand the difficulties and natural resistance involved with calling an attorney and establishing your estate plan. Our legal team will do everything possible to minimize the stress and to make the process easy. We will use our decades of combined legal experience to help you create an estate plan that will avoid probate and streamline the estate administration process. Our lawyers are friendly, responsive and easy to work with. From our office in Milton, we represent clients throughout the greater Boston area and Eastern Massachusetts.
It is critical to create an estate plan for young families and families with young children. We are here to make the process simple and easy to understand so you can be assured that you have contingencies in place in case something were to happen to you.
Creating An Integrated Estate Plan
While online do-it-yourself wills provide a cheaper option, there is a lot more to estate planning than simply drafting a will. There are things that a will cannot do, requiring other legal instruments to meet your goals. By meeting with an experienced attorney, you can ask questions and make sure that the estate plan you set up addresses all of your wishes and goals.
We help clients create an integrated, systematic estate plan that includes all the necessary instruments to meet your estate planning goals, including:
- Wills: The will is the most basic instrument involved. It is the centerpiece of an integrated estate plan that gives instructions about where and how your assets will be dispersed.
- Trusts: A trust is more sophisticated document than a will. It gives the principal much more power and creativity in terms of how the assets will be distributed, when they will be distributed, etc. A trust sets up an agent (called a trustee) to manage the assets. Almost anything you want to do with transferring assets can be accomplished through some kind of trust instrument.
- Powers of attorney: Powers of attorney are documents that create agents to manage financial affairs and make health decisions on your behalf. We can explain the process of establishing a power of attorney, make sure you understand the powers you are granting and ensure that it protects your interests.
- Advance directives: We can help you create advance directives that document your wishes for health care choices in the event that you are unable to express those wishes yourself. These are important instruments to cover the worst-case scenarios.
- Guardianships: Guardianships are another important component to an integrated estate plan for parents. A guardianship is a legal instrument that establishes someone to take care of your children in the event that you pass away prematurely or you are unable to care for them yourself.
When you come in for your first meeting, we will take the time to listen to you and understand your goals for your estate plan. Then we will walk you through the steps of the process of creating your estate plan and discuss some of the instruments that might best suit your needs.
Contact Us To Discuss Your Estate Plan
For years, our clients have been telling us that creating an estate plan with our firm is much more enjoyable and painless than they expected. We will make it easy for you and take good care of you. Call us at 617-812-9992 or contact us online to schedule your consultation.