Essex County Estate Planning Attorney Helping Families Protect Their Legacies
An estate plan is a gift to your loved ones. It ensures your wishes are honored and reduces stress during difficult times. Whether you’re starting your career or enjoying retirement, it’s never too early or too late to think about what comes next.
I am Matthew Kimball, and as a fifth-generation lawyer in this community, I know the value of leaving a lasting legacy. With over 15 years of experience serving Lynnfield and the surrounding communities, I believe it’s never too early or too late to start planning for what happens after you’re gone.
The Building Blocks Of An Estate Plan
Every person is unique, and so is every estate plan. I work hand-in-hand with every client to craft a personalized strategy that reflects their individual needs and goals. Some key components that make up a comprehensive estate plan include the following:
- Will: This document outlines how to distribute your assets after your death. It’s a fundamental part of any estate plan, ensuring your wishes are honored.
- Powers of attorney: Life is unpredictable. By designating someone to make financial decisions on your behalf, you can rest easy knowing your affairs will be managed even if you can’t handle them yourself.
- Living will/Advance directive: This specifies your wishes for medical care if you become incapacitated. It’s a way to clearly communicate your preferences so your loved ones aren’t left guessing.
- Health care proxy: Appointing someone to make health care decisions for you ensures that your medical treatment aligns with your values and desires.
- Revocable and irrevocable trusts: Trusts are powerful tools for managing your assets during your lifetime and after your death.
Working with an estate planning lawyer like me ensures that all these components are legally enforceable and tailored to your specific needs and goals.
Don’t Let Confusion Or Misinformation Jeopardize Your Legacy
Oversights, confusion and misinformation about estate planning can lead to significant issues down the road. For instance, many people assume that having a will is enough, but the truth is that a will is just one piece of the puzzle. Without a complete estate plan, your family may still face probate, real estate disputes and elder law issues.
Prenuptial Agreements: Planning For A Secure Future
Planning for your future sometimes means considering a prenuptial agreement. At Law Office of Matthew J. Kimball, P.C., I work with people across Massachusetts getting married to establish clear terms that protect both parties. Prenuptial agreements can be integral to estate planning, especially for young couples starting their lives together. They provide clarity and security, ensuring both partners’ interests are respected. Like an estate plan, a prenuptial agreement is about building a solid foundation for the future.
Contact Me To Talk About Your Plans
Protecting your loved ones and your assets starts with a conversation. Contact me today at my Middleton office at 781-334-3200 or send me a message today.