Understanding Your Elder Law & Estate Planning Options
Careful Drafting Of Your Will And Trust
Estates of all sizes can benefit from an effective estate plan that includes a will or trust. These documents set the foundation for legally protecting property and other assets in the future. Wills and trusts can keep your family’s financial affairs private and make the process easier for beneficiaries upon death.
At the Boston-area law firm of Albanese Law, LLC, we understand the importance of establishing a valid and effective will or trust for the future. From a modest home to estates worth tens of millions of dollars, we know that no one plan is right for everyone and that it takes time and understanding to develop an estate plan that will work for each client. We are also sensitive to concerns of clients who have special needs children, nontraditional families, privately held assets and other circumstances.
Getting To Know Your Circumstances
The process of estate planning should always begin with the evaluation of the family’s goals and economic situation. Once we determine what will work best for your situation, we can help you understand those options, including:
- Qualified trusts for retirement accounts
- Special needs trusts
- Revocable trusts
- Irrevocable trusts
- Asset protection
- Irrevocable life insurance trusts
- Tax planning trusts
Trusts can go a step further in asset protection by protecting beneficiaries from creditors, ex-spouses, tax consequences and other long-term care expenses. We will clearly explain the potential benefits of trusts and wills and help you thoroughly analyze your financial situation.
Contact An Experienced Estate Planning Attorney
Contact us for more information regarding wills, trusts and estate planning tools for families in Massachusetts. Call the Milton office of Albanese Law, LLC, to schedule an appointment at 866-591-4451. Our lawyers offer complimentary consultations.