Taunton Real Estate Lawyer
Taunton Real Estate Attorney
Real estate is often one of the most financially significant and sentimental assets in your estate. Being strategic about your estate plan can protect your property and make sure it is inherited by the people you love. Speaking with a Taunton real estate lawyer can help you take the right steps today to make sure your property is in good hands in the future.
Why Choose Us?
Our founding attorney, Matthew P. Albanese, is a skilled estate planning lawyer with years of experience. He often lectures about estate planning techniques lawyers can use to protect real estate and other assets as part of Massachusetts Continuing Legal Education. He has also held several positions where he has promoted elder rights and estate planning, including President of the Massachusetts Chapter of the National Academy of Elder Law Attorneys.
At Albanese Law, LLC, you are working with a team with a deep knowledge of real estate laws and what estate planning documents are well-suited to your real estate case.
Understanding How Real Estate Impacts Your Estate Plan
Real estate is often one of the most valuable assets included in an estate plan. The median sale price of a Taunton home is about $502,000. This price can be even higher in neighborhoods like East Taunton or Oakland. Without a clear strategy, real estate can often cause disputes, be prone to issues in probate, and have huge tax burdens. If you hire a real estate lawyer, they can help you preserve your property for the next generation.
All real estate must be considered in your estate plan. Beyond your primary residence, you may also have to consider how to transfer assets such as:
- Vacation homes
- Rental properties
- Commercial properties
- Farmland and agricultural property
- Undeveloped land
Transfer Strategies Often Used in a Real Estate Case
Under Massachusetts real estate laws, several strategies can be used to transfer property as part of an estate plan. The right option depends on factors such as family circumstances, property value, ownership, and tax considerations. A Taunton real estate attorney can help you pick the right method, which may include:
- Joint ownership arrangements. With this plan, the surviving owner has rights of survivorship and will inherit the property.
- Transfer-on-death deeds. This plan allows for direct transfer to a specific beneficiary.
- Trusts. Trusts avoid probate and name a trustee who is responsible for managing the property.
- Will. A will can be used to transfer property, though it is typically recommended that a will be used in addition to another document, as assets in the will are subject to probate.
Reasons You Should Hire a Real Estate Lawyer
Buying property prompts 30% of Americans without a will to start estate planning. Aging is another factor that people start considering their real estate’s future, which is relevant for Massachusetts’ 1.8 million residents age 60 or older. Whether you have recently purchased real estate or are simply planning for the future, a lawyer can help. A lawyer can:
- Identify the right estate planning documents for your property
- Help you minimize the chance of conflict
- Create enforceable transfer plans that avoid costly legal mistakes
Contact a Trusted Taunton Real Estate Attorney Now
To begin creating an estate plan that prioritizes your real estate, reach out to Albanese Law, LLC today.
Taunton Real Estate Lawyer Reviews
★★★★★
“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
★★★★★
“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
★★★★★
“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
Our Office Locations
Visit Albanese Law, LLC
Albanese Law, LLC serves clients throughout eastern Massachusetts from its main office in Milton and satellite offices in Brockton and Mashpee.
