Empty Nesters

Estate Planning for Families With Older Children

Even though your kids are grown and on their own, you still want to protect them and make things as easy as possible for them.  While you miss your children, you are glad that they are finding their own way in the world. Ensuring that you have an updated estate plan in place means their future is well taken care of. The Parents Estate Planning Law Firm, PC offers services specific to those parents whose children have “flown the coop” and have settled into the empty nester life.

If you haven’t created a plan around what will happen to your assets when you die, or who will make decisions for you if you become incapacitated, now is the perfect time to do so. If you already have some of your estate planning documents in place, now is a good time to review them to make sure they are up to date and accurately reflect your wishes. We will be happy to review your existing documents and help you update or add to them as necessary.

Massachusetts estate planning laws differ in many respects from other states and have nuances that need the expertise and attention of an experienced Massachusetts estate planning lawyer. Having a personal lawyer helping you with the estate planning process from the beginning will help ensure that all elements of your plan are consistent and work well together and that your priorities are accurately reflected in your estate plan. Any mistakes in your plan could end up costing your family more money, and lead to delays and inconvenience if you die.

We frequently help empty nesters answer questions like:

  • How can I preserve/protect my retirement plans or my life insurance proceeds or my kids?
  • How can our family preserve our vacation home so that it stays in the family?
  • My kids are 18 or older, what should I have in place for them?
  • What documents should I have to protect myself in case I become incapacitated?
  • How do I  capture the stories, guidance, and advice I would want to leave behind for my children and grandchildren?
  • How do I protect my kids’ inheritance from future divorce, creditors, and lawsuits?
  • Who takes care of the money I leave to my kids?
  • When will my kids get the assets I leave behind?
  • Who will make decisions for me if I become incapacitated?
  • How can I avoid a messy court process and fighting among my children?
  • How can minimize or even avoid paying estate taxes when I die?
  • And more!

Contact The Parents Estate Planning Law Firm, PC Today

No matter where you are in life, our team is ready to help you get started with, or review, your estate plans. We will help protect you, your family, and your hard-earned assets. With our firm, you will always have a customized, personal experience that fits your family’s situation. Call The Parents Estate Planning Law Firm, PC at 978-263-6900 or contact us here for a Family Wealth Planning Session™ to find out which strategies may be right for you.