Falmouth Estate Planning Lawyer

Falmouth Estate Planning Attorney

Estate plans are important in order to provide financial security for your family. When you hire a Falmouth estate planning lawyer, they tailor their legal services to your individual needs. At Albanese Law, LLC, we can guide you through the entire estate planning process.

Why Choose Us?

At Albanese Law, LLC, we have prepared a variety of estate plans compliant with Massachusetts law. We provide compassionate legal services for residents of Falmouth and the surrounding communities. From New Silver Beach to Acapesket, we work hard for our clients to ensure their estate planning goals are met. We listen to your current and long-term family estate planning goals, and craft a plan suitable to cover all of your needs and wishes.

When founding attorney of Albanese Law, LLC, Matthew Albanese isn’t swimming or traveling, he’s working hard to protect the Falmouth families that call our city home. He is an award-winning attorney with an Avvo rating of Superb. Our team can provide the peace of mind that comes when your family is financially secure. Contact our office for a free consultation about our legal services.

Estate Planning Basics

Many people find comfort knowing they have a plan in place for their end-of-life wishes. A Falmouth estate planning attorney can provide comprehensive estate planning support.

When you hire Albanese Law, LLC, we work to minimize the risk of probate delaying your case and prepare will documentation to reduce disputes among families. Our Falmouth estate planning attorney offers services based on your specific needs. We don’t provide cookie-cutter estate plans. Instead, we tailor our legal advice and representation to what you need to protect your interests. We can discuss:

• Wills. A will is the heart of your estate plan, as it lets you name your intended beneficiaries of your estate, appoint an executor, and designate legal guardians for your children. Interestingly, about 24% of Americans have a will.
• Trusts. A trust is an estate planning tool often used to manage and distribute assets, minimize estate taxes, and avoid probate court. When people use a trust, they are often able to maintain their privacy after death without involving courts. Probate is typically a more open process where other people overhear your family business and the distribution of your assets.Only 13% of people living in the United States have a trust. When an attorney prepares a trust for your family, you have enhanced control over the way your assets are to be distributed upon your death. An attorney can discuss various types of trusts and how they may benefit your circumstances.
• Health Care Proxy or Durable Power of Attorney. With these documents, you can dictate your wishes for the management of your health or your financial affairs. Contact an attorney to discuss the preparation of these important legal documents to help avoid the time and cost of needing to have a guardianship appointed.
• Elder Assistance. An attorney can proactively plan for the services you may require as you age. Many families protect their assets and discuss long-term residential plans and medical care with an attorney. Our office can help provide this assistance and discuss asset protection, guardianship, conservatorships, and filing for Medicaid.
• Estate Tax Planning. An attorney can help reduce exposure to estate taxes. Plus, they can help reduce the amount of taxes likely to be passed down to your heirs. An attorney at our office can discuss charitable gifts, irrevocable trusts for life insurance, and lifetime gifting.
• Probate and Estate Administration. An attorney with experience handling probate matters can help your family navigate the probate process and administration of an estate. They can assist with filing legal documents with the Massachusetts probate court, determining the value of assets, and managing tax obligations. An attorney can distribute any remaining assets after probate.

When you hire Albanese Law, LLC, we work tirelessly to ensure your estate planning goals are safeguarded. We know estate planning is critical, and it is not just for the elderly or extremely wealthy. Many people hire an estate planning lawyer to preserve their final legacy. Contact Albanese Law, LLC, to hear how we can help you.

FAQs

Q: Why Is Estate Planning Critical for Falmouth Locals?

A: Estate planning is critical for providing peace of mind. Don’t wait until you’re retiring or unwell. Considering your long-term estate plan helps:

• Consider potential guardians for your children
• Determine the distribution of your assets after your death
• Safeguard your hard-earned assets from the costs of probate or taxes
• Decide who’s entrusted to make financial and health-related decisions for you
• Consider your end–of-life wishes

Without a plan, the courts step in to distribute your assets.

Q: What Kind of Lawyer Can Help Prepare an Estate Plan?

A: In Massachusetts, an estate planning attorney can help. They can create documents to determine who should receive your assets upon your death or if you become incapacitated. An attorney can prepare a comprehensive estate plan compliant with Massachusetts and federal laws. If possible, they can help you avoid probate court and minimize tax consequences.

Q: What Should I Do Before Meeting With an Estate Planning Attorney?

A: Before meeting with an estate planning attorney, take the time to inventory your assets and create a detailed list. This is an important first step as part of your comprehensive estate plan. Consider all assets, including your real property, personal property, financial assets, and digital assets. Gather ownership documents, including any jointly-owned assets. Then, contact a seasoned estate planning attorney to schedule an initial consultation.

Q: Can I Update an Estate Plan Later?

A: Yes, there are many valid reasons why you might want to meet with an attorney to update an existing estate plan. These include:

• Moving out-of-state
• Divorce
• Remarriage

Estate plans are often state-specific, and if you move, that might require a modification. Also, if you or one of your heirs files for divorce or remarries, you might want to reconsider the distribution of your assets. Contact an attorney for legal support with the revision process.

Hire an Estate Planning Lawyer Serving Falmouth – Call Albanese Law, LLC

At Albanese Law, LLC, we are here to provide full support for your estate plan needs. We can create a plan or update existing documents. Contact us to set up a free consultation to project your estate planning goals.