Estate Planning

Estate PlanningWhen people hear the phrase, “estate planning,” they generally think it means writing a Will. Although writing a Will is one aspect of estate planning, there is far more to it. During your life time, there are strategies to preserve and manage your assets while providing you tax benefits.

Other estate planning vehicles can be use to transfer assets to your heirs when you die. Some may reduce or eliminate potential tax burden your heirs may face.

Estate Planning

An experienced Massachusetts estate planning attorney can help you decide what works best for you. The attorney can draft the relevant documents for protecting and transferring your assets. An overview of some of the documents that you may need include:

  • Will: Your Will dictates exactly how your assets will be distributed upon your death. It also designates who will serve as your Personal Representative during the administration process.
  • Trusts: Trusts can be used for many different purposes. Some are used to protect assets while you are a live. Others can also be used to transfer assets to your heirs upon your death.
  • Durable Power of Attorney: You designate someone to make financial decisions for you when you are unable to make them for yourself.
  • Health Care Proxy: You name someone you trust to make health care decisions for you when you are unable to make them for yourself.

There are other areas you may need help with to preserved your ability to receive government benefits. Other areas in which our law office may be able to assist you include:

  • Medicare and MassHealth Planning.
  • Estate Gift Tax Planning.
  • Guardianships & Conservatorships.
  • Special Needs & Charitable Planning.
  • Business Successor Planning.
  • Probate Administration and Mitigation.

How Attorney Sean M. Murphy can help with your estate

At the Law Offices of Sean M Murphy, P.C., we will discuss your financial situation with you and help you decide which estate planning tools will best for you. Call us today at (774) 257-5732. 

Ratings and Reviews

Client Reviews

Estate Planning for a Reluctant Mother

My mother’s legal affairs were a daunting task I have been avoiding for two years. My mother is loving, but difficult at the age of 96. I explained this to Mr. Murphy, who had no qualms about taking charge with speaking with my mother one on one. His demeanor lent a calming affect on my…

- (5 star review)