When drafting an Estate Package, it’s important that your estate is distributed according to your wishes after your death. With all of the changes to the Massachusetts Probate Code in the last few years, there could be errors in your current Last Will and Testament that may impede the powers of the Personal Representative (formerly called the Executor). Massachusetts will not probate a will that has provisions crossed out or written in. Also, your nominated Personal Representatives may no longer be willing and able to accept. Having the appropriate information correct and up to standard will help ease the burden for your loved ones during their time of mourning.
Not only should you ensure your will is up to date, it’s important that your Health Care Proxy and Power of Attorney documents are accurate as well. Should you become incapacitated, it is important that the right person is appointed and available to make decisions for your medical and financial well-being. It is also important that the necessary language be written into the documents to allow for a smooth transition for your appointee so that emergency decisions may be handled promptly.
In some cases, you may be searching for a way to protect your assets to insure they are managed properly to be used for your care should you need long term skilled care. A simple Trust may be the answer to help you achieve that goal to preserve your property for your family. Perhaps a more complicated Trust would suit your needs, if that is the case, I have a number of colleagues that I can refer you to in order to make sure you have exactly what you need.
Contact my office today to discuss what options are available to help you ensure your assets are managed your way and that your important decisions will be handled effectively should you be unable to make them.