It is easy for you to assume that you won’t need estate planning until you are older, and put it off until you become incapacitated or die without having addressed this important need. The Pandemic made many re-consider this assumption, and caused many more of us to think about the consequences that occur without it during the course of our life and after. Estate Planning is not just about planning for what happens to your belongings when you are no longer around. It also includes planning for incapacity while you are still alive and appointing the right people to make decisions on your behalf should you become unable to do so. This requires careful consideration and requires the insight of an experienced and dedicated estate planning attorney.
Each person’s estate plan is unique but some common considerations are:
- What concerns do I have about my finances if I’m unable to speak for myself?
- Whom do I trust to serve in the role of personal representative (formerly called executor)?
- Which charities or organizations do I want to support after I pass away?
- What is the right structure of lifetime gifts and after death gifts that would support my family?
- How much control and flexibility do I want over my estate planning future?
All of these questions and more can be answered by working directly with a dedicated and experienced estate planning attorney. Customize your estate plan for both your life and the future of your family by working with a Massachusetts estate attorney you trust?