At Hurley Shah, we believe that an estate plan is much
more than reducing one’s last will to writing. It is a
combination of lifelong financial planning, health care
planning, and asset protection which may reduce estate and
gift taxes, coordinate Medicare benefits, and provide
financial security for your spouse, children, and future
generations. At Hurley Shah, our clients’ goals of growth
and protection are our goals. Our lawyers work closely
with other professionals in the industry to provide our
clients with thoughtful advice resulting in a
comprehensive plan for your own future as well as the
future of your loved ones.
Wills
When drafting one’s will, there are
several legal nuances which should be addressed to ensure
the proper transfer of probate property and to avoid
time-consuming formalities required by the probate court.
The attorneys at Hurley Shah have dealt extensively with
the probate court and understand how to address these
nuances resulting in fast and effective probating of one’s
property.
Trusts
Trusts are utilized to accomplish a number of different
goals, such as protecting one’s property, avoiding
probate, creating privacy of ownership, managing property
for others, or for estate tax purposes. The attorneys at
Hurley Shah creatively structure various types of trusts
to accomplish our clients’ particular goals in the most
effective manner.
Power
of Attorney
A
durable power of attorney gives an agent authority to
handle financial matters for the principal and can be
effective immediately or triggered upon incapacity of the
principal. It is a valuable document in that it allows the
principal to choose the agent rather than allowing a court
to make this determination. The attorneys at Hurley Shah
take the time to review potential issues with clients so
we may structure the agent's authority as narrowly or
broadly as the client wishes.
Health
Care Proxy
Should you become incapacitated and are
no longer able to make health care decisions for yourself,
it is vital to have chosen an agent to make those
important decisions for you. As with powers of attorney,
the lawyers at Hurley Shah take the time to review
potential issues with our clients so we may structure the
health care agent's authority to the degree required to
execute those decisions.
Living
Will
The importance of a living will has
become apparent in light of the Terry Schiavo
controversy. As the law currently stands, a living will
(also known as an advance directive) is not legally
binding in Massachusetts, but it is still important in
providing guidance to the health care agent with regard to
whether the process of dying should be artificially
prolonged. The attorneys at Hurley Shah draft specific
language so that the health care agent has no questions as
to what one’s feelings are about these extremely sensitive
matters.
Homestead
An estate of homestead is an
often-overlooked estate planning tool which, once recorded
at the appropriate registry of deeds, protects the home
from claims of certain creditors up to $500,000. The
attorneys at Hurley Shah assess whether filing a homestead
is appropriate and whether it is the most effective option
depending on each client’s particular situation.
Business
Organization
Besides the management of a business,
certain forms of business entities have become powerful
tools for insulating one’s assets from liability. Hurley
Shah advises clients as to which assets entail risk which
could be reduced by being placed into some form of
business entity. Our attorneys draft and file corporate
documents with consideration for our clients’ overall
exposure to liability.
This web site is not intended for legal advice and accessing or using this website does not create an attorney-client relationship. Please do not send sensitive or confidential information through this website. Links to other websites are for convenience only and are not endorsed by Hurley Shah. This website may constitute advertising.
CONTACT
