Known for being the historic landing site of the Mayflower in 1620, Plymouth, Massachusetts, is a vibrant counsel town boasting a rich legacy. Just as that legacy is important to protect, so is the legacy of the residents. No matter the size or wealth involved in your estate, a valid will is vital to your comprehensive estate plan. These legal wills documents can be beneficial for yourself and for your loved ones, and a skilled Plymouth wills lawyer is here to guide you.
Over our many years of service, our attorneys team at Albanese Law, LLC, has been helping clients ensure their wills and overall estate plans are established in accordance with Massachusetts and federal law. No matter your age, every adult in Plymouth should establish a valid will to help guide their loved ones when the unthinkable happens. You have worked hard for the wealth and assets you have, and it is time to protect that wealth for generations to come.
No one wants to think about what might happen when they are no longer here. However, planning for how your estate is handled following your death is crucial to the protection of all that you have worked for and the protection of those you love and care for. Despite the protection a will can offer, over half of Americans over the age of 18 do not have a valid will in place or any other kind of estate planning document.
This staggering statistic shows that a majority of individuals have not worked to secure their assets and provide a stable financial future for their loved ones after they have passed. Additionally, not only does a will provide protections for your personal finances, but it can also offer legal provisions regarding the guardianship of any minor child or incapacitated adult children and ensure they receive the care necessary should you meet an untimely end.
Having a will offers you the peace of mind that comes with knowing your financial and personal wishes will be followed after your death. There are several key aspects of having an inclusive and valid will, including the following:
Planning for the inevitable is never easy, and there are many legal hoops you will need to jump through when drafting your will in Plymouth. At Albanese Law, LLC, we work alongside our clients to ensure their wills remain legal and valid after their passing. We can do so by offering you the following services:
It can be difficult to offer an exact number as to the costs and fees involved when hiring an estate planning lawyer. This is due to the fact that every attorney is different, and so is the way in which they might approach the final cost analysis of your unique case. There are several factors that can play into the costs of an estate planning lawyer, including the lawyer’s experience and the complexity of your estate.
In the United States, nearly two-thirds of all Americans pass away without the establishment of a valid will. When you die without a valid and legal will, the state of Massachusetts will distribute your assets and wealth according to their laws rather than your wishes. This can increase the chances of having your assets passed to individuals or organizations you had no intention of naming in your will.
There are many mistakes you should avoid when modifying a will. Many folks in Plymouth might find themselves needing to modify their will due to a life or family change, such as a recent marriage or death. It is important that you consult an attorney when modifying your will instead of trying to do so on your own. It is also important not to make the mistake of not communicating these changes to those impacted by them.
The legal requirements of having a will in Plymouth, Massachusetts, include being at least 18 years of age when you establish your will. You must also have the necessary mental capacity to know the extent of your actions and the kind of property you are in ownership of. Additionally, at least two witnesses who are not beneficiaries named in the will need to be present at the signing of the will.
Securing your legacy and your family’s future starts with having a well-drafted and strategic will in place. At Albanese Law, LLC, we are here to guide you through every step of the process and ensure that your will is legally valid and in line with your wishes. Contact our office today for a consultation and allow our team to help protect your Plymouth legacy.