What Is An Estate Plan? An Estate Plan directs how your assets are to be distributed upon your death. This includes real estate, bank accounts, stocks, bonds, pensions, and investments. An Estate Plan can also name Guardians for your children in the event of your death and decisions makers for you in the event you become incapacitated. Why Do You Need An Estate Plan? Following are some of the reasons you may want an estate plan: - Designate who will become Guardian of your minor children if you and spouse die
- Control to whom your assets are distributed upon your death
- Reduce the costs of probating your estate
- Name a person who can make important financial decisions for you if you become incapacitated
- Name a person who can make important medical decisions for you if you become incapacitated
- Name a successor to run your business or direct it to be sold
- Make charitable gifts
- Make funeral arrangements
What Happens If You Die Without An Estate Plan? Massachusetts Estate Planning Attorney Brian Glover Massachusetts Estate Planning Attorney Brian M. Glover regularly drafts Wills, Trusts, Durable Powers of Attorney, Advance Directives, and Life Estates for his clients. Call Attorney Glover at (508) 990-4555 for a free consultation to discuss your Estate Planning needs. |
