Best Estate Planning Attorneys in Methuen, MA

A Last Will and Testament is a crucial element of any good estate plan. Depending on your goals, an estate planning Attorney may recommend using other tools such as Trusts, pass-through entities and/or life insurance to accomplish your estate planning goals. It is important to think about your goals for your estate plan. What are you trying to accomplish or avoicd? For some people, most important considerations are: Passing property to intended beneficiaries. If the Testator, the person writing the Will, intends to make specific bequests of certain items or sums of money to be left to particular people or organizations, a good Will and/or Trust (or sometimes both in concert with one another) can ensure that this goal is met. Some folks aim to prevent and alleviate the burdens of surviving family members by not leaving decisions to be made at an emotional time. A good estate plan is like a road map, explaining where to dispose of the assets of your estate, with clear instruction. Absent clear instructions laid out by a good estate plan, families may end up litigating issues that could have been avoided were their intentions laid out clearly.