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failure to plan for your possible incapacitation or
final days and your eventual death can result in significant
turmoil, family division, excessive taxation and your
wishes and family goals not being carried out.
Ironically, we find that for most of our clients,
creating an estate plan requires only about 3-9 hours
of their time. When clients do their part, we can
usually create an estate plan within two weeks.
It
is not uncommon for people to put off their
estate planning. Have you ever considered the
consequences of not having an estate plan in
place? |
For example,
if you die without a will in Massachusetts (called
dying “intestate”), not only will
your estate need to be probated (which may result
in significant legal cost and time delay), but
a state statute also dictates that half of your
estate will go to your spouse, the other half
to your kids. Your spouse may not appreciate
this!
A second example.
If you and your spouse die with only a will
that leaves everything to your children, they
will receive all your assets when they turn
eighteen. In your head, quickly add up the value
of your life insurance, retirement and investment
accounts, home equity, and savings. Would you
have been ready to handle this much money when
you were eighteen? |
Below are descriptions of the typical estate planning
tools we provide for our clients, the problems these
legal documents avoid, and the protections they provide.
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