Many people find estate planning to be a daunting task, and lack the basic tools to get started. Yet estate planning is one of the most important aspects of financial planning. What many people aren’t aware of is that it includes planning for life as well as death. It’s important to have contingency plans in case of incapacity and to nominate the right people to handle your affairs if you can’t. Estate planning covers topics such as planning for long term care and nominating family members or others to make medical and legal decisions.
Recently, Pinehills resident and attorney Dennis Crimmins moderated an informative program, “Wills, Trusts and Estate Planning, Step by Step” at the Men’s Group At the Pinehills, the Stonebridge club. With a large turnout, Dennis was there to guide neighbors and other local residents through the process of estate planning. The program covered topics such as “Essential documents of an estate plan”, “What is probate and why do you want to avoid it?”, “Planning for Long Term Care with insurance and other alternatives”, “Coordinating estate planning with accounting and financial professionals”, “Vehicles of ownership for real estate”, and “Are documents prepared in other states valid in Massachusetts?” Many of these are questions that can be simply answered by talking to a professional, but unfortunately many choose not to do so before it’s too late.
If you didn’t manage to make the event, contact Attorney Dennis Crimmins today for a free, confidential consultation about setting up your estate plan. Also please contact Dennis if you would like him to present to your group or association if you are in the Boston area.