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Estate Planning

Why is Estate Planning so Important?

If you have assets and do not direct who receives the assets the State will choose for you via the Intestacy Statute.  If you have minor children and do not nominate your guardians, the State may be forced to choose through a lengthy court process.  While they are making their decision, your children may be placed in State care.  

Estate planning allows you to decide how your personal and financial affairs will be handled if you become incapacitated and how assets will pass to your family upon your death. Estate planning usually involves two steps: designing a plan that is appropriate for your circumstances and signing legal documents to make sure that your wishes are carried out. The following are some of the most common estate planning documents.

Last Will and Testament

Durable Power of Attorney

Health Care Proxy

Revocable Trust (also called a Living Trust)

 Estate planning is a personalized process that takes into account an individual’s financial situation, family dynamics, and personal preferences. Stephanie enjoys working with her clients on their estate planning needs and often saves families hundreds of thousands of dollars in tax liability using basic Marital Revocable Trusts.

Email Stephanie Petty at spetty@bdboston.com, or contact her via this website, to request our current information and rate sheet.

Let's talk, make an appointment for a free 15-minute consultation.