Estate Planning and Divorce

 

 

Are you considering a divorce or have you recently gotten divorced? If you have been wondering what an Estate Plan is and whether you should have one, especially during the challenging time of divorce, the answer is yes. Here are some articles from the estate planning and divorce attorneys at Amaral & Associates P.C. to help give you an understanding of how Estate Planning can give you peace of mind as you start a new chapter of your life. Please contact us at (617) 539-1010 ext 111 today.

 

Why You’re Never Too Young To Have An Estate Plan

When people think of estate planning, they tend to think of middle-age or older people, who are more settled in life, and most likely have some assets to preserve, and children to care for. Although that may be the “typical” estate planning client, once a person attains the age of majority (i.e. age 18), he/she is really not too young to draft an estate plan.

To have an estate plan, you don’t have to be rich and have a lot of assets. You also do not have to be further on in life, nor do you need to have children that you need to plan for in the event of an untimely death.

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Estate Planning During Covid-19 & Coronavirus

The COVID-19 / Coronavirus pandemic is a reminder to us all how important it is for you and especially your children to have an estate plan prepared, up to date and in place. Now is the time to speak with an Estate Planning Attorney.

At Amaral & Associates, P.C. we offer online and remote Estate Planning via videoconference. Don’t let social distancing keep you from starting or completing your estate plan.

We can help guide you with some important decisions regarding your Estate Plan. An Estate plan consists of some common planning documents. A Last Will and Testament, Power of Attorney, a Health Care Proxy, and a Living Will. Some depending on their financial situation will want to create a trust.

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Financial Planning For And During A Divorce 

A divorce brings about many changes in a person’s life. One of the most significant change is the financial impact of a divorce. Spouses go from having a combined household with (usually) two separate incomes, to living apart, and supporting themselves on their own. If you are contemplating a divorce, or have already filed for a divorce, there are different actions you an take to plan your own financial future after divorce. 

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