At McGinn Law, we recognize that one of the most significant decisions you will make is how to plan for the future of your family. As estate planning lawyers in Massachusetts with strong ties to the area, we approach each client relationship with local knowledge and a customized strategy.
Our staff takes the time to learn about your particular financial situation, long-term objectives, and family situation. We create personalized estate planning solutions that offer security and comfort, whether you’re a professional accumulating wealth, a young family just starting out, or someone preparing for retirement.
There is no one-size-fits-all approach to estate planning. Throughout the whole estate planning spectrum, McGinn Law provides a wide range of services:
These essential documents are required for all residents of Massachusetts:
Probate in Massachusetts can be costly and time-consuming. Among our methods for avoiding probate are:
Many families who don’t consider themselves wealthy are impacted by Massachusetts’s one of the lowest estate tax exemptions in the nation. Among our strategies for tax minimization are:
We offer advanced protection structures for customers with complicated needs:
Our customers pick us because we
The importance of estate planning cannot be overstated. Make an appointment for your initial consultation with McGinn Law right now to start developing a strategy that safeguards the things that are most important to you and your family.
Clients of McGinn Law are located in Boston, Cambridge, Braintree, Quincy, and the surrounding areas of Massachusetts.
Wills and trusts are legal tools that can be structured in such a way as to give you maximum control over your assets both during your life and after your death. Without a proper estate plan that includes a will and different types of trusts, as necessary, the state government will distribute your assets after your death, and your wishes — or the wishes of your family — will not be considered.
When properly constructed, wills and trusts also protect as many assets as possible from estate taxes (sometimes called “death taxes” or the “sponge tax” in Massachusetts.
At McGinn Law, PC, As a Estate Planning lawyer Cambridge MA our primary goal for all our clients is to help them recognize and minimize the negative financial consequences of all legal transactions — including creating an estate plan.
Estate Planning Attorney Massachusetts run our law firm with advanced legal degrees in U.S. tax law and significant practical experience crafting estate plans for middle-income and high-income individuals. We also create estate plans for businesses, which is sometimes known as succession planning.
A proper estate plan — including a will and trusts, as necessary — may save you and your heir’s money on probate expenses and often on estate taxes, gift taxes, and the generation-skipping (GST) tax.
Estate planning attorney can guide you through identifying the right documents and estate plan structure for your needs, and can provide guidance on the many questions that people have as they go through the process.
Also if you have any special circumstances, an estate planning attorney will be able to help identify what needs to be done.
Starting a relationship with anyone is always a process of building trust. Its hard to know if someone will be reliable for you. The best measure is a personal recommendation from family and friends, or looking at reviews from other clients.
Mcginn law firm offers full range of Estate Planning services.
First, getting an estate plan in place is the most crucial step, which usually means going through the process of discussing your wishes and intentions with your family and loved ones. Often people don’t realize that putting together an estate plan is actually a journey that requires them to think about issues they would not usually consider.
Second, choosing the right primary and backup fidiuary (or representative) is important.
Third, getting the basic documents drafted and properly signed and notarized (a last will and testament, a durable power of attorney, a health care proxy, a HIPPA release, a living will, and guardianship appointments).
Fourth, committing to getting the documents finished and signed. Often people may start the process but then delay actually finalizing it.
Probate is the process of presenting a estate to the Probate and Family Court so that a Personal Representative can be appointed by the court to wrap up the affairs and assets of a person who as died.
An estate attorney usually deals with drafting the Will and other estate documents before someone
dies. It is not uncommon for a estate attorney to also be a probate lawyer and vice versa because they
are so related, but probate and estate planning are different stages of the process.
At McGinn law firm Massachusetts we would suggest to include it specifically, an expiration date or event in a power of attorney, it does not normally expire while the person is alive. It can of course be revoked by the person at any point. A power of attorney will “expire” when the person dies. At that point you need to probate their estate (with or without) a will to get a court appointed representative, who can function like a power of attorney. Power of Attorney Obligations to Family Members Explained
Estate Planning Attorney Massachusetts at McGinn Law, PC handle all your Estate planning needs solely.
A power of attorney will end when the person making the power of attorney (called the principal) dies, or the person named as the power of attorney dies or becomes incapable of acting as the power of attorney. We often try to have a primary representative and a backup representative. favorable and effective way.
872 Mass Ave, Cambridge, MA. 02139
150 Grossman Drive, Suite 205-21, Braintree, MA 02184
(617) 229 9974
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