If you are approaching the process of estate planning, you may have a wide range of questions. However, finding answers and making sure that you pinpoint the course of action that will protect your estate properly is vital. From trusts to wills, you may have various choices in front of you. Whether you live in Middlesex, or another part of Massachusetts, trusts may offer certain advantages that you should look into. For example, a trust may help your estate stay out of probate, which could be very helpful for your loved ones in the future.
Whether you have a will or are thinking about setting up a trust, you may have many different types of estate-related considerations. However, you should definitely look into estate taxes if you have a high net worth, or think your financial situation may result in estate taxes. At Curley Law Firm, we know how stressful these issues can be for people who live in Middlesex, and across the whole state of Massachusetts. However, planning ahead with regard to estate taxes can be very beneficial.
When you have spent your life in Massachusetts carefully managing your assets and planning for the future, you want to know that your intentions are carried out after your death. Setting up a trust to support a charity or charitable purpose should ensure that your passions continue to benefit from your donations. At Curley Law Firm LLP, we often explain how your charitable trust may fare in the years to come.
To most people, estate planning is about planning for their financial futures. However, a comprehensive estate plan involves more than just putting money in a 401(k) or drafting a will. It encompasses all of the things needed to help a person enjoy their retirement. As such, future retirees will need some assistance planning for the non-financial aspects or retirement. This post will identify some of these elements.
Modifying your will after major life changes is the best way to make sure your Massachusetts estate is distributed according to your wishes. However, if you have married since you wrote the will and you did not make updates, your spouse may still receive a portion of the inheritance. We at the Curley Law Firm have often advised clients on how assets may be allocated when a will has not been adjusted to reflect the current family situation.