Securing Your Assets for Your Loved Ones
There is an old saying that states: “In this world, nothing can be said to be certain, except death and taxes.” Both hold true in estate planning. If you die your family may have to open a probate case before your assets can be distributed to your heirs. This could entail a lengthy judicial process and substantial cost to the estate.
You may be able to avoid this if you set up a Living Trust. A Trust allows you to avoid the court probate process and, at the same time, keep your affairs private. You may also structure the Trust a way to provide some estate tax advantages, to take care of your future needs or take care of the future needs of your children.
There are many things you can do in the present to ensure that your wishes concerning your estate are complied with after you die. You can create a Last Will that specifies who should receive which assets.
Your Last Will can also specify other wishes, such as who will become the guardians of your minor children after you are no longer around.
When you turn to the Law Office of Diane Patalano Long, Attorney Long can sit down with you and help you create a comprehensive estate plan that will best benefit you and your loved ones.
Our Firm Provides the Following Types of Estate-Related Services:
- Trust administration
- Distribution of estates
- Will and Trust contests
Keeping Your Estate Plan Up to Date
In addition to making sure your estate planning documents are carefully documented and stored in a safe place, you will also need to make sure your documents remain updated over the years. As your life changes, so will your estate planning needs. A marriage, divorce, death of a loved one, property sale, or other major event will likely require you to make important changes to your will and other documents. We can assist you with your estate needs, whatever they may be!
To discuss your estate planning needs, call our firm today at 781-729-4100!