Below is an abstract of our exclusive White Paper, Seven Reasons for Estate Planning.
Distribution of Assets at Death
If you don’t decide how your assets are to be distributed at your death, the Commonwealth of Massachusetts has already decided for you.
Planning for Incapacity
Who will attend to your financial, property and business affairs, and make medical decisions on your behalf if you can’t make those decisions for yourself?
Managing a Loved One’s Inheritance
Various types of trusts are available if you have concerns about leaving an inheritance outright to a loved one.
In addition to potentially saving costs on estate administration, avoiding probate can help protect your privacy.
Without a will, parents leave it to the court to decide guardianship of minor children, often with family members fighting over who should have control.