If you want to establish an estate plan, it is important that you seek out a plan that is custom-made to suit your needs. Your situation is unique; it takes a unique estate plan to ensure that your assets are distributed according to your wishes.
At Moore, Virgadamo & Lynch, Ltd., we develop a close relationship with our clients to ensure that the plan we build for them fulfills their needs and wishes. Our Rhode Island attorneys have experience with a full range of estate planning tools, enabling us to find a customized, legally sound solution for every situation.
Estate plans involve more than just wills. Trusts, health care directives and other important tools can all come into play in your estate plan.
Reducing The Burden On Your Beneficiaries
A good estate plan does more than fulfill your final wishes. It also does everything possible to reduce the legal burden your beneficiaries must go through.
In particular, our attorneys can draft your estate plan with an eye toward avoiding probate. Probate is a legal process that governs the distribution of assets. If it is your goal to avoid probate, our attorneys can help you structure your assets in such a way that they avoid probate.
One popular way to avoid probate is to establish a living trust, which can easily transfer funds from one party to another without entering the probate process.
We can also help your assets avoid the estate tax. State and federal law dictates that estates over a certain size must be subjected to a substantial estate tax. When you work with our law firm, our lawyers will provide legal advice and strategies that will protect your beneficiaries from unnecessary taxation, allowing them to receive the maximum possible amount.
Contact Our Newport Wills And Trusts Attorneys
To schedule a free initial consultation with our law firm, please fill out our online form or call 401-846-0120. We offer evening and weekend appointments upon request.