Senior Solutions 

Attorneys at Law LLC

Call:  617-489-5900

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These are uncertain times.  We are ready to help with your estate plan.  

 Basic estate planning includes a will, durable power of attorney, and health care proxy.  Some clients seek additional planning including trusts and life estate deeds.  We are here to make the best recommendation for you.  It is not necessary to meet in our office.  We can meet by phone or video conference.

What is a will?  

A will is a legal document that provides instructions to be carried out after your death.  In a will, you need to decide who should receive your assets when you die.  You also nominate a Personal Representative, who serves as the manager of your estate.  He/she will pay your debts and distribute your assets according to your wishes.   If you have minor children, you will  nominate a guardian, to be responsible for your children in case you die before they turn 18.   If you die without a will (referred to as intestate), Massachusetts law will determine the beneficiaries of your estate.  

What is a Health Care Proxy?

A Health Care Proxy allows you to designate someone to make medical decisions for you in the event that you can no longer make decisions for yourself.  Executing a Health Care Proxy allows you to decide who will make these critical decisions.  Without a Health Care Proxy, your loved one's may have to go to court to obtain a guardianship if you become incapacitated. 

What is a Power or Attorney?

A Power of Attorney allows you to designate someone to handle your financial affairs.  This will be critical if you are ever in a situation where you can no longer manage your own finances.  You must be very careful when appointing someone as your agent under a Power of Attorney, as unlike the Health Care Proxy, the authority to act often goes into effect immediately, not just if you are incapacitated.  You must choose someone that you trust.  

When would I need a trust?

Trusts give you greater control over your assets during your life and after your death. A Trust should be considered if

  • Your estate exceeds $1 million dollars, a trust may help you avoid estate taxes.  

  • You wish to include any person with a disability in your estate plan

  • You own property in more than one state.  

  • You wish to include minor children in your estate plan.

  • You are in a second marriage, with children from a prior marriage.

  • You want to keep your affairs private.

  • You want to avoid probate.

  • You want to retain greater control over your assets, even after your death.

Take these 3 simple steps to get started:

 

1.  Click on link to download either the questionnaire for married couples or our questionnaire for individuals and return it to us by email to kmcnair@seniorsolutionsinfo.com.  

2.  One of our attorneys will contact you to schedule a 30 - 45 minute phone conference by phone or video conferencing.  At that time we will quote you a flat fee.  (Basic estate plans for single individuals start at $750, and for married couples at $1,250.)  There is no cost for the initial consultation through May 15, 2020. 

 

3. If you decide to hire us, we will draft the documents for your review and schedule a time to execute your estate plan by video conferencing or other arrangements. 

Watch our YouTube videos for more info:

Feel free to call our office 617-489-5900 with  questions, or email kmcnair.seniorsolutions@gmail.com.