You didn’t get to where you are by chance
You had a plan
Learn how we can help you plan for the next phase
Design a “new age” estate plan
The old plan centered on having a will and naming a guardian for your young children.
Now that your children are older and your net worth has grown, your focus shifts to preserving your family’s inheritance.
The “new age” plan protects the inheritance of a spouse and child while providing a financial “security net” for multiple generations.
Obstacles to creating a plan
Get the peace of mind that you have your affairs in order
Why don’t I have a plan in place already?
It’s on the to-do list, but never makes it to the top”
Uncomfortable with a process dominated by unfamiliar legal terms and concepts
You desire expert advice without paying Boston-based legal fees
The response we usually hear: “That was easier than I thought”
Trusts are a must
Creating a last will and testament is not enough
Trusts are no longer just for the Kennedys & Rockefellers. Trusts are used to:
- Protect assets from a child’s potential divorce and/or judgment creditors
- Keep assets in blood-lines over generations
- Protect beneficiaries against their imprudent behavior and outside influences
Minimize the amount
the government takes from your family
The estate tax is alive and well in Massachusetts
If you have assets worth $2,000,000 when you pass away (real estate, retirement accounts, life insurance proceeds, investment accounts, etc…), your children may pay well over $100,000 in estate taxes.
With the proper planning, you can significantly reduce this potential tax, or perhaps eliminate it entirely.
Protect those close to you
Sentimental Real Estate
The beach house or cabin in the mountains that you love – will your children be able to share it without conflict? Without a plan, it never works out.
Some family members are involved with your business and some are not; how do you treat everyone equitably while protecting the business for the next generation? Implement a succession plan
Today, “blended families” outnumber traditional nuclear families. Determining what is “yours”, “mine” and “ours” seems like a daunting task. A thought-out plan can reduce the stress level when you are gone.
Please call or email us for dates and times of events, or to schedule a speaking engagement for your personal event.