Wills and estate planning

    Estate Planning Lawyers in Massachusetts

    MassachusettsWills and Basic Estate Planning

    As well as: Medicaid Planning Evaluations & Medicare and Medicaid Advocacy. Estate Administration & Estate Taxation.

    Most people are aware that they need a will, however about 70% of us--don't have one. People put it off for many reasons, but it's important to know that writing a will is usually not complicated or expensive. Once it's done, you can rest a little easier, knowing that your wishes will be followed after your death.

    What happens if you die without a will?

    If you don't make a will or use some legal method to transfer your assets when you die, Massachusetts law will determine what happens to your property. Your property will be distributed to your spouse and children or, if you have neither, to other relatives according to a predetermined legal formula. If no relatives can be found to inherit your property, it will go to the state.

    If you have assets over $600,000 YOU will be subject to a substantial estate tax unless you engage in tax and estate planning. A lawyer will be able to eliminate much of your tax liability.

    Contact a lawyer at here.

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