Whether you are newly married, a new parent, or a new business owner, it may be time to consider creating an estate plan. Estate plans are important primarily because there is no guarantee of what tomorrow may bring. An accident, or sudden illness can have a dramatic impact on your ability to manage your own affairs.
If you are injured in an accident, and incapacitated, you may be unable to communicate your wishes for your care to your medical team. If you have taken the time to have a durable power of attorney in place someone can communicate on your behalf. Otherwise, the courts may wind up appointing a person to make those decisions on your behalf.
Depending on your personal circumstances, you may need to have an estate plan that simply provides for your heirs via a will. For those with more complex estates, for example someone with an interest in a business, a trust may be necessary. We will take the time to understand your situation and help you create an estate plan that works to meet your needs, and your goals.
We have also help family members who have recently lost a loved one in eastern, or central Massachusetts and across the state of New Hampshire through the probate process. Being responsible for setting an estate can be complicated. The executor, or administrator of an estate must inventory and value assets, notify heirs and creditors, and file taxes for the estate as well as a final report with the courts. We know this process can seem confusing and we are here to help.
Whether you need help creating an estate plan, or you need help administering the estate of a loved one, contact The Law Office of David C. Tencza in Nashua, NH.