1001 Eastern Ave, Fall River, MA 02723
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Estate Planning, Elder Law | Fall River, MA

When you're in need of an attorney to help you through the estate planning process, trust Richard Harrison — Attorney At Law in Fall River, Massachusetts. Backed by more than 35 years of experience in probate and elder law, he knows the ins and outs of the processes, and is ready to assist you.

Plan to Protect

Creating an elder law estate plan is the key to avoiding probate court. Additionally, estate planning helps you to protect your assets and avoid the high costs of nursing home care. The process includes:
  • Last Wills
  • Durable Powers of Attorney
  • Health Care Proxies
  • Living Wills
  • Elderly Homesteads
  • Trusts
  • Living Trusts
  • Irrevocable Trusts
  • Family Limited Partnerships
  • Life Insurance Trusts
  • Protection of Real Estate from Nursing Home Costs and Estate Recovery by the State
  • Preparation of Medicaid Applications for Nursing Home Care

Simple or Complex

The simplicity or complexity of an estate plan will depend upon the needs and desires of the person involved. Once developed, your estate plan should be reviewed and updated at least once a year or anytime there has been a significant change in your life, such as a marriage, divorce, death, birth, or change in your desired distribution scheme.
Gavel - estate planning in Fall River, MA

Understanding the Functions of a Will

One of the most important functions of a will is to name a guardian of minor children. While this nomination is not binding, the courts give great deference to a deceased parent's wishes. Further, this designation can eliminate family disputes as to who should have the primary responsibility to raise your children. Other functions include:
  • Ensuring Your Property Is Distributed According to Your Wishes
  • Sets up a Simple Trust for Assets Left to Minor Children
  • Designates Who Will Be Responsible for Winding Up and Distributing Your Estate

Living Trusts & Wills

Even if you have a living trust, you should still have a will. The will passes any property that is owned outside of the trust.
This would include property not transferred into the trust, as well as property acquired after the creation of the trust. In addition, the will can act as a safety device in the event the trust is no longer in place at the time of death.
Contact attorney Harrison to begin the complicated estate planning process to protect your legacy.
(508) 679-6414