Protecting Your Loved Ones and Your Assets
An effective estate plan serves many purposes. The most obvious of which is to outline how your assets should be distributed in the future. Effective estate planning allows you to name the person you want to make decisions on your behalf if you become incapacitated, minimize estate taxes and protect children.
At the Gemma Law Office, we are a Braintree, Massachusetts, estate planning law firm dedicated to helping our clients develop estate plans that meet their unique needs. Contact us by e-mail or call 781-767-7363 or toll free at 877-549-3746 to schedule a free initial consultation to discuss your goals with experienced estate planning attorney, Anthony Gemma.
Developing the Right Estate Plan for You
Every client has specific goals when it comes to estate planning. We will take the time to listen to your needs and develop a plan that fits your individual situation. We can create a plan that truly reflects your wishes for the future through the right combination of estate planning tools, including:
- Wills: This estate planning document lists how your assets will be distributed, either outright to your beneficiaries or directly to your trust. You can be as specific as you need.
- Trusts: Various kinds of trusts can be used to protect your assets and those who you would like to benefit from those assets in the future. Special needs trusts, life insurance trusts, charitable trusts, and other estate planning instruments can provide for a responsible trustee to manage your assets. Special needs trusts can be vital in some situations in order to avoid disruption of critical benefits to a special needs child. Should your estate plan contain a special needs trust?
- Living Wills: If you become unable to communicate your wishes, either because of temporary or permanent incapacity, your living will can express your medical directives for health care professionals.
- Powers of Attorney: Establishing a durable power of attorney can allow you to choose a trusted advocate to handle your financial matters at a time when you may be unable to do so for yourself.
- Business Succession Planning: Planning how and when a family-owned business will be handed on to the next generation is often crucial to the continued success of the business. We can help you to ensure you are operating under the correct business entity, such as an LLC, family limited partnership or private foundation, to best uphold both business and personal interests.
A carefully prepared estate plan may eliminate the need for your estate to go through probate after your passing. Avoiding probate can help to preserve a larger portion of your assets for your beneficiaries.
Contact a Norfolk County Charitable Trust Attorney
Whether you are seeking to protect your independence for the future, provide for your beneficiaries, minimize estate taxes or meet another need, we are here to accomplish those goals. Norfolk County charitable trust lawyer Anthony Gemma will help you create the estate plan that is right for you. Call or contact us online to schedule a free initial consultation at our Braintree, Massachusetts, law office.
