North Attleboro Estate Planning Lawyer
The need for estate planning spans generations. Many clients come to our firm interested in establishing estate plans for their elderly parents and realize they can benefit from our estate planning services as well. At Pollis & Duggan, we help people secure the financial wellbeing of their loved ones and provide directives for caregivers in the event of their passing.
Contact an estate planning attorney from Pollis & Duggan to learn more about the services we offer.
Estate Planning Benefits Everyone
As a family run law firm, we encourage people to consider the benefits estate planning offers to them and their family members. We offer comprehensive estate planning services that address issues of:
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Powers of attorney: Appointing someone as your durable power of attorney designates him or her as the person who will make decisions for you in the event you become incapacitated.
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Caregiver contracts: This is a new and interesting way for children to provide care for their elderly or ailing parents. The parent pays a child for providing care, rather than paying for a nursing home or in-home care. This allows the parent to protect assets from the high cost of nursing homes. Additionally, the assets are not subjected to estate or gift tax. This is an emerging issue in estate planning in Massachusetts, with both parent and child obtaining a financial benefit.
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Business valuations: Our representation of small, closely-held businesses provides us with insight into business valuations. We refer to professionals such as certified public accountants and economists who can accurately make a valuation of the business.
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Medicaid planning: We work with people who are interested in protecting their assets from the rising cost of nursing home care.
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Wills: A will enables a person to direct how their property and assets will be distributed upon their death.
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Health Care Proxies: This allows you to let someone you know and trust make health care decisions for you when you cannot make them.
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Trusts: A trust can be set up to provide for loved ones while you are living or after your death.
Contact Pollis & Duggan to arrange a consultation.