Call Now To Uncover Your Personal Solutions
Call Now To Uncover Your Personal Solutions
If the covid-19 pandemic has taught us anything, it is our proximity to death. Too many families lost loved ones before their time and many were forced to suffer even beyond their deaths. Probate court battles, drawn-out fights, and feuds over inheritances are some of the many indignities a qualified estate planning attorney can help you avoid.
The premature death rate in Middlesex Country MA had been steadily falling since the turn of the century. In 2020, however, something changed, and they have started rising considerably, once again. While we might be past the worst of the Covid-19 pandemic, it has left terrible wounds and chilling reminders that we might depart far sooner than we would like.
When we fail to properly prepare for our passing, there can be serious repercussions, for our loved ones, adding to the trauma of loss. Last wills and testaments are often insufficient in resolving what becomes of our earthly possessions and wealth, especially if there is property involved. Even with a properly prepared will, our loved ones will still need to go through the probate process while they grieve. This is often lengthy and costly.
In the best case scenario with a will, your named Personal Representative (also called an Executor) will be able to, eventually, distribute your assets in the way you desire.. At worst, without going through the estate planning process, inheritance fights can take years and tear families apart. Some even end up costing more than the value of the inheritance in the first place.
We may rest in peace, but sometimes our legacy lives on in chaos.
While we may not wish to face the reality of death, we can certainly prepare for it. Estate planning attorneys in Middlesex County, MA, like those at the Solutions Law Group LLC, can prevent conflict over wills and inheritances by helping us navigate the estate planning process and the documents required.
The estate planning process can be a demanding one if you go it alone. Trying to tackle it without the help of an experienced and qualified lawyer for preparing estate planning documents can be taxing, expensive, and even counterproductive. If you leave unclear or improperly completed or submitted documents behind, these could be the very source of the conflicts you are trying to avoid.
While the Middlesex probate and family law courts in Woburn or Lowell are modern and welcoming buildings, they are anything but comfortable. Emotionally speaking, there are few events as traumatic as death, except perhaps a drawn-out court battle resulting from one.
Even without conflict, the probate process alone can take three to six months, far longer for large or complex estates.
The most frequent probate court debacles focus on estates that have no clearly named or established beneficiaries or result from improper distribution/handling of estates by beneficiaries.
Estate planning lawyers specialize in avoiding the first of the two sources of conflict, by ensuring all assets including property, vehicles, accounts, and more are all covered. This could be accomplished, for example, in a revocable living trust (not to be confused with a living will, which is not legally binding in Massachusetts).
The second source of conflict is harder to predict but can arise when a Personal Representative (Executor) fails to properly distribute assets (especially property) in your estate. For example by living in a house instead of selling it, or selling it far under its market value to a friend.
Estate planning lawyers at Solutions Law Group LLC have decades of experience helping you navigate both the documentation and selection of your beneficiaries to ensure as smooth and painless a process for you and your loved ones as possible.
Laws concerning probate and estate planning vary from state to state and change over time. It is the job of experts like the estate planning lawyers at Solutions Law Group LLC be up to date on changes in laws to ensure all affairs are in order in the event of your passing, or that of a loved one.
It is never too early to start planning your estate, but it can all too quickly become too late. A fact that the Covid-19 pandemic has reminded us all of, even in our lovely little corner of New England.
Reach out now, if you are unsure if your estate is properly prepared, and rest a little easier, both now and after your death.
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1500 District Avenue
Burlington, MA 01803
Phone: (617) 924-0300
125 Cambridge Park Drive
Suite 301
Cambridge, MA 02140
Phone: (617) 924-0300
3 Allied Drive
Suite 303
Dedham, MA 02026
Phone: (617) 924-0300
Call Now To Uncover Your Personal Solutions(617) 924-0300