A Simple List Of What Your Boston Estate Planning Lawyer Will Do For You

By Author: Jack Brown.
Total Articles: 2
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Boston estate planning involves the preparation and management of trusts and estates. It is a process that needs to go by the rules of a particular jurisdiction which explains why an Estate Planning lawyer is a crucial asset in the entire process.

Boston estate planning involves the preparation and management of trusts and estates. It is a process that needs to go by the rules of a particular jurisdiction which explains why an Estate Planning lawyer is a crucial asset in the entire process.

First and foremost, the Boston estate planning lawyer will provide resourceful guidance when it comes to drafting the will. There are a lot of issues that are involved when drafting a will. For instance, there are special rules that govern the execution of the will and it is the Boston estate planning lawyer who will take you through them. The will must be written in a particular language in which your Boston will lawyer will advice you about. Another thing is that, the Boston will lawyer will ensure that the disposition of the will is done in accordance to the specifications given by the deceased.

Whenever property ...
... is disposed in Boston, there are various tax incentives that apply. The purpose of the Boston will lawyer is to advice you on ways in which to lower such taxes during property disposition when the time comes to execute the will. This way, the beneficiaries will benefit most from your assets instead of having the government take a larger portion of it.

Additionally, the Boston trust lawyer will come in handy in the event that you need to set aside a testamentary trust. The testamentary trust is an important asset especially if you want to set aside some property to be sold out and the proceeds to go to that trust for financing a young beneficiary college education or the like. This is where your Boston trust lawyer comes in. The attorney gives you concrete advice on setting up the trust as you are drafting the will.

The Boston trust lawyer is also need when the time comes to execute the will. There are cases where the Boston estate planning lawyer was appointed to be the executor of the will by the deceased. In such a case, he carries on with the responsibility of ensuring that all the implications of the will are followed to the letter.

However, in the event that the deceased appointed a personal representative as the executor, this person has a right to hire legal counsel. The best advisor would be a probate lawyer. The Boston will lawyer comes in to ensure that all the beneficiaries are given what they deserve according to the will. The first thing that the Boston will lawyer does is to advice on methods of paying up all the pending financial obligations of the deceased before settling down the remaining property.

The other task involves ensuring the names of property are changed properly from the deceased name to the descendants according to the law. It is also the job of the Boston probate attorney to advice clients on any claims that are filed against the estate. The attorney will be present during any formal hearing that follows the estate administration to ensure that the process is handled smoothly and according to the law.
Resource: http://squillace-law.com/