Despite the unpredictability of life, there are certain things everyone faces. As people often say, taxes and death are among them. The risk of being incapacitated is another. But unfortunately, incapacitation or death can happen to anyone at any time, regardless of age or physical condition.
Preparing for an untimely event that would cause incapacitation or death is imperative. Part of this includes handling as much of the legal aspects of this in advance as you can. Although it may be a hassle now, your family will more than likely appreciate your efforts in the future. Doing so will prevent them from spending considerable time and emotional energy navigating legal proceedings and paperwork. Instead, they will be able to dedicate their time and focus on your care if incapacitated or grieving your loss.
Creating a solid estate plan that considers all possible scenarios will ultimately give you and your family peace of mind and the assurance that your loved ones will receive the most of your life's work possible or your wishes will be honored if you are incapacitated. Failure to do so could mean you forfeit portions of your wealth and assets to the state in taxes and fees that would otherwise be distributed according to your instructions. Another possibility is that your loved ones will have to deal with probate, a legal ordeal that adds stress and distraction to what is truly important at such a critical time your family would have to undergo.
On the surface, estate planning is simply preparing legal documents that serve as instructions for distributing your assets after your death or managing them if incapacitated. This may seem complicated. In some ways, it is. An estate planning law firm can help considerably simplify things for you.
Solutions Law Group LLC is such an estate planning law firm. It is based in Burlington, Massachusetts, and serves Norfolk County, Massachusetts. Nancy Dowling leads the firm and has helped countless people in the area as their lawyer for preparing estate planning documents. Although estate planning is likely unfamiliar, complicated, and overwhelming, Solutions Law Group LLC simplifies things without compromising quality. Its estate planning attorneys create solutions tailored to your and your family's needs while guiding you through the process in understandable ways so you can feel at ease.