Menu ${}${SEMFirmNameAlt}${}${SEMFirmNameAlt}
Practice Areas
Let's Get Started!

How does writing a will help you right now?

You know that writing a will and creating an estate plan can help your heirs, and it can in this way help you in the future. However, you will be gone when your estate plan actually goes into action, so it's easy to think that you're really doing all of this planning for someone else.

That's a mistake. There are actually numerous ways that an estate plan can help you right away.

For instance, you can pick an executor for the estate when you write a will. To ensure the process goes smoothly, your best bet is to talk with the executor now. You can work together to figure out what should happen with your assets and what they can do to keep your dreams for your estate alive. Having these conversations in advance is very helpful.

Or, perhaps you want to use a trust as part of your estate plan, rather than putting everything in the will. The biggest benefit of a trust may be to your heirs, but did you know that some specific trusts give you the ability to take more deductions on your income taxes? You could get a bigger return next year if you do this now.

Finally, you need to consider things like an advance directive or a medical power of attorney. If you have a medical emergency that leaves you incapacitated but alive, these documents help doctors and family members know what steps to take and what types of care you want.

As you can see, estate planning is complex. If you're starting with writing a will, make sure you also consider all of the other options you have.

No Comments

Leave a comment
Comment Information

Serving businesses and individuals throughout Massachusetts

Braintree Office
25 Braintree Hill Office Park
Suite 406
Braintree, MA 02184

Toll Free: 888-759-5109
Fax: 617-523-5653
Braintree Law Office Map

Cranston Office
200 Midway Road
Suite 159
Cranston, RI 02920

Toll Free: 888-759-5109
Cranston Law Office Map

Hyannis Office
1330 Phinney’s Lane
Hyannis, MA 02601

Toll Free: 888-759-5109
Hyannis Law Office Map

Norwood Office
520 Providence Highway
Suite 10
Norwood, MA 02062

Toll Free: 888-759-5109
Norwood Law Office Map

Waltham Office
375 Totten Pond Road
Suite 200
Waltham, MA 02451

Toll Free: 888-759-5109
Waltham Law Office Map

Westborough Office
276 Turnpike Road
Suite 228
Westborough, MA 01581

Toll Free: 888-759-5109
Westborough Law Office Map

Woburn Office
444 Washington Street
Suite 203
Woburn, MA 01801

Toll Free: 888-759-5109
Woburn Law Office Map

Longmeadow Office
Williams Place
813 Williams Street
Longmeadow, MA 01106

Toll Free: 888-759-5109
Map & Directions