Southern New England's Certified Elder Law Attorney
Rhode Island, Connecticut, and Massachusetts
Estate Planning Workshop
Do you have an estate? Nearly everyone does. An estate consists of everything a person owns: a car, home, real estate, checking and savings accounts, investments, life insurance, furniture, and personal possessions. Everyone has an estate and something in common—you cannot take it when you pass, whether large or modest.
To ensure that an individual's wishes are carried out, they must provide instructions stating who should receive the property and when they will receive it. A person will want this to happen with the least amount paid in taxes, legal fees, and court costs. This is estate planning.
If a person dies without a valid estate plan, any assets owned in the individual's name and without a beneficiary designation or other governing contract will be distributed according to the state’s intestacy laws, typically through a court-supervised probate proceeding, which is public record.
In many states, if a person is married and has children, the spouse and children will each receive a share, even if the children are from a prior marriage or are no longer minors. That means the spouse could receive only a fraction of the estate, which may not be enough to live on. If there are minor children, the court will control their inheritance. If both parents die (accident. fire, etc.), the court will appoint a guardian without knowing who the parents would have chosen. Is this what you would want?
In this training, you will learn about Revocable & Irrevocable Trusts, Advance Directives, types of Wills, and how to use them to benefit yourself and your loved ones. Learn about protecting your home and assets while avoiding court for probate and spend downs.
Attorney RJ Connelly III | Connelly Law Offices, Ltd.
Offices in Pawtucket, RI, Mystic, CT, and Martha's Vineyard, MA
Rhode Island, Massachusetts, and Connecticut Certified Elder Law Attorney
Call our office today at 401-724-9400 or complete the box below and ask about scheduling one of our free inservice or workshops. If you have a specific need that you do not see here, please ask if we can provide a specialized inservice for your organization, clients or staff!
"Southern New England's Certified Elder Law Attorney"
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Rhode Island Elder Law Attorney
Our office locations
Mystic, CT 06355
Rhode Island - Main Office
Pawtucket, RI 02860
East Chop, MA 02557
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This website includes general information about legal issues, issues affecting seniors and developments in the law. Such materials are for informational purposes only and may not reflect the most current legal developments. These informational materials are not intended, and must not be taken, as legal advice on any particular set of facts or circumstances. You need to contact a lawyer licensed in your jurisdiction for advice on specific legal issues and/or problems.