
It’s always important to be prepared when you decide to move forward with estate planning. Having the right people in mind when developing your plan can be difficult, but you may want to consider starting with your children or grandchildren. Establishing an asset plan or a trust for your children can be complex, especially if you have never done so before. You should consider reaching out to a Brockton estate planning for children lawyer as soon as you can.
The legal team at Albanese Law, LLC, can assist you in determining the right course of action for your estate plan, including leaving something for your children. Having a Brockton estate planning for children attorney on your side can only help you in the long run. Your lawyer should have experience with estate planning for children cases, as well as a vast knowledge of Massachusetts estate planning laws. Our firm can provide you with everything you need.
The last thing you want to do when considering estate planning is make any costly mistakes that could affect your loved ones for years to come. When you hire an estate planning for children lawyer, you are making sure your case is handled with professional accuracy and care. Securing your children’s financial future should be your top priority. Matthew P. Albanese has considerable experience handling his clients’ estate plan needs. He can help your case, too.
According to recent data from Data USA, the median household income in Brockton in 2023 was roughly $77,000. An individual at that income level may want to put together a comprehensive estate plan that covers their children and other loved ones. Throughout it all, you will still need to deal with Massachusetts’s estate tax and other legalities that may be unique to your specific estate planning needs. A good lawyer can help you.
When you decide to start building an estate plan, it may be smart to look through your financial records and assets with professional help. A local financial planner may be able to assist you. Local groups like Holmes Investment Management or Sulmonte & Frenier can provide you with financial help you may not even be aware you need. Your lawyer can recommend additional financial services that could be relevant to your situation.
Setting up a trust for your children can be a smart way to provide them with financial support without affecting their taxes or giving them free rein over your money. The rules of a trust are in place to ensure no one abuses the privilege. Assets in a trust are protected from outside influence, including anyone seeking to access the inheritance. A good lawyer can help you set up such a trust.
At Albanese Law, LLC, we can walk you through your options for a beneficiary trust or other asset plans that can benefit your children. It’s always good to have a plan in place. Contact us to speak to a valued team member about how we can help.
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“Mr. Albanese truly cares about his clients. He is accommodating to last minute requests and handles them all with care. He is friendly and works quickly and efficiently.” – Melissa King
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“Matthew Albanese was exceptionally kind, thorough and timely. He thought of things i/we had not considered and gave viable options and alternatives. Matthew offered solid reasons for the advice he gave and explained it in a way my mother and I understood. He walked us through the process step by step. I found everyone at the law firm very friendly and easy to deal with. If you are ever in the need of an attorney that handles elder law call Matthew. He was absolutely wonderful!” – Gina Connolly
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“Matt went above and beyond the call to help our family secure an irrevocable trust for my parents in their latter years. From initial creation to final implementation, he was credible, patient, trustworthy and very responsive to our needs and questions throughout. I would recommend his services and expertise in elder care law to anyone.” – Paul Vaccaro