Estate Planning Lawyers in Nashua
Providing Well-Informed Advice & Effective Legal Services
Many individuals and families throughout New Hampshire and Massachusetts put off estate planning until it is too late. If you become incapacitated or something unexpected happens, do you know what will become of your assets? Will they go to intended loved ones?
Estate planning allows people to take the burden off of loved ones by simplifying the transfer of assets from one generation to the next and reducing any associated legal costs. It may even minimize estate taxes. As anyone familiar with the probate process can attest, an effective estate plan is a true gift to loved ones.
Call Bernazzani Law today at (603) 261-2214 to schedule a free consultation with our estate planning attorneys in Nashua.
Our Lawyers Can Help You Think Through All Important Decisions
Many people put off the estate planning process because they are intimidated or have preconceived notions. While the process can be complex and fact-specific, experienced counsel can help you tailor an effective estate plan to your specific financial circumstances, goals, and needs.
At Bernazzani Law, our estate planning attorneys in Nashua work directly with clients to understand your unique situation. Our hands-on, personalized approach to legal services serves as a hallmark of our method of care. We are sensitive to the needs of every client and fuse comprehensive knowledge with compassion and empathy.
Helping Clients with Their Estate Planning Needs for 25+ Years
Our attorneys are well-versed in this area of law, and we have what it takes to help you achieve your goals.
We can assist you with the following, and more:
- Crafting a last will and testament. A will is an incredibly important and useful estate planning tool. A will can define guardianship of a minor-aged child, designate charities or people who will receive gifts, and account for other asset/property distribution specifications. We can work directly with you and draft a will and other supplemental documentation to account for your specific circumstances, needs, and goals.
- Drafting a trust. Trusts are among the most important and effective estate planning tools. A trust can be used to protect assets, maximize privacy, and, when properly drafted, minimize taxes. A trust can also be customized to meet the specific needs of you and your family with regard to transferring assets and funds to a spouse, child, or other designated party.
- Going through probate. In the event of death without a trust, courts in New Hampshire and Massachusetts will oversee the administration of an estate in the probate process. In addition to the transfer of assets, this can include paying beneficiaries and creditors. If a will exists, it has to be proved valid, and a personal representative can oversee the remainder of the affairs. This includes heir notification, tracing/finding assets, submitting an inventory list, paying debts, submitting accounting, and, finally, distributing the estate.
- Creating an advance directive. There may come a point in life where you or a loved one is not able to communicate personal wishes related to medical care. In these cases, having an advance directive as part of an estate plan can provide clarity for doctors and family members. During stressful health events and emergencies, advance directives offer loved ones peace of mind. These components of an estate plan allow someone to designate a family member or another person to make medical decisions on their behalf in the event that they are incapacitated, including instructions regarding life-saving measures, life-prolonging measures, and an individual's choice to be an organ and/or tissue donor.
- Medicaid planning. The Medicaid application is an extensive process where five years' worth of documentation must be provided in order to receive benefits. Additionally, with the Medicaid application process, if you are not qualified for Medicaid and you apply, you could disqualify yourself for a longer penalty period that could have been avoided. As such, it is always important to be sure that you consult with an attorney prior to application. Unfortunately, some people will apply without knowing the detailed rules and disqualify themselves. Had they made one or two small changes, they would have qualified. Often, this simply means recategorizing an asset or two. Depending on the circumstances surrounding the disqualification, the length of time varies. It may mean simply redoing paperwork or years of disqualification.
It Is Never Too Early To Start Planning. Call Us Today.
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