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Home > ESTATE PLANNING
Trust & Estate
Our thoughtful estate planning packages provide various levels of protection, suited to your unique needs and goals.
Estate planning at Freedom Law, LLC is not one size fits all. We offer 3 levels of planning to suit your varying needs. From starter plans primarily for families with young children and little in the way of financial wealth to more robust plans for well-established families concerned with matters of asset protection, preservation and increased growth, we’ve got you covered.
Generally, our fees for a married couple with kids who is not focused on keeping the family out of court range between $2,000 up to $8,000 on the high end for an extensive plan that provides significant asset protection after death + maximum protection for your assets from inadvertent loss to the State Department of Unclaimed Property or the Court process. It’s our opinion that if you are looking for less expensive planning, you may as well read up and do it yourself because you’ll get the same quality of planning online as you will with any lawyer charging fees that are less than what we offer here.
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We’ve priced our planning for you at the intersection of affordability and effectiveness. When we meet for your Family Wealth Planning Session, we will review the 3 planning levels with you, and you will choose your own fee based on your budget and the planning options that are most important to you and your family. Our plans are focused on ensuring your family has somewhere to turn if and when something happens to you, that your plan will work and you have real security, not the false security that comes with a cheap set of estate planning documents.
There truly is no one size fits all choice. We have created a process, though, to educate you quickly and effectively so that you can make empowered, informed choices about what you want for the people you love, so that you aren’t simply choosing the cheapest option because you don’t have any other basis for making your decisions.
We believe in personalized service for each and every client. Our approach is educational and proactive – we educate you based on the specifics of your family situation, your assets, and your individual needs, wants, desires and values and then guide you to tell us what you want most, so we can create the plan (and the fee for that plan) that aligns with your objectives for your family and your assets.
We represent families throughout varying stages of life:
traditional two parent families or single parents wishing to provide for and protect their children and themselves;
unmarried couples who are either solidifying their relationship through proper planning or dissolving their relationship with the assistance of caring counsel,
blended families negotiating the challenges of creating new relationships with varying expectations
high net worth families seeking strategies for minimizing estate and income taxes
family business owners seeking ways to protect and expand their companies and considering how and when to transition to the next generation of ownership
WHERE ARE YOU IN YOUR LIFE JOURNEY?
You have the primary responsibility for ensuring the well-being and care of your children. If something happens to you while they are minors, you want to ensure you’ve made the decision about who cares for them, and how.
In the most ideal scenario, your child’s other parent would be suitable to take custody of your child, if you cannot be there. But in many cases, that’s not possible, or desired.
And, even if it is, you may want the financial resources you are leaving behind cared for by someone other than your former spouse or partner.
No matter what the scenario, as a single parent (whether your child’s other parent is in the picture or not), you need to take the steps necessary to legally document who you would want raising your child, and how you would want your child raised, and how you want your assets handled for your child, in case anything happens to you.
We know you are busy and promise to make the process as simple and easy for you as possible.
When you are married with children, estate planning is usually pretty straightforward. You want your spouse making decisions for you if you are incapacitated, and you want to make sure your assets go to your spouse when you die, and then to your children after your spouse is gone.
Seems simple, right?
If only it was our probate courts wouldn’t be clogged with the impact of the complexity of money and family. And, there wouldn’t be $58 Billion (with a B) of assets in the State Departments of Unclaimed Property across the United States.
There are a myriad of questions that need to be answered to ensure your family stays out of court, and out of conflict, in the event of your incapacity or death.
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And, some tactical specifics that need to happen to ensure your assets don’t end up lost to the State Department of Unclaimed Property because your family overlooks something when you can’t be there to guide them.
And, if you are in a second (or third or more) marriage situation with children from a prior marriage (we call this a “blended family”), well it’s an almost guarantee the people you love will end up in conflict, if you don’t plan ahead.
Most of all, your wealth isn’t measured just by the dollars in your bank account, but by the well-being of the people you love. You care enough to get your estate planning handled so your family will stay out of court and out of conflict, no matter what.
If you are in a second (or third or more) marriage, and you have children from a prior marriage, you must engage in estate planning that will keep the people you love out of conflict.
No matter how close or friendly you think your new spouse and your children are, there is simply an unavoidable, inherent conflict between them upon your death.
Having said that, this conflict can be mitigated and you can ensure that the people you love most — your new spouse and your children — will each be well-taken care of with the most ease possible.
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You can even take actions to support their being on the same team with each other in a time of grief.
It does take planning though, and we are well-trained and highly skilled in planning for the needs of "blended families", which is the term of art in the legal profession for people who are in second (or third or more) marriages with children from a prior marriage.So, if you are in a second (or third or more) marriage, contact us for a Family Wealth Planning Session so we can look together at everything you own, and everyone you love, and what would happen to all of it, when something happens to you. Then, you can get informed, educated and empowered to make the right planning decisions for the people you love.
You don’t have children, but you do have a spouse, partner, or other loved ones, and you want to ensure things are as easy for them as possible if and when something happens to you.You want to pass on what you have worked so hard for your entire life, and do it in a way that helps your loved ones know and feel your love just when they’ll need to most.On top of that, and maybe even more importantly, you want to choose who will receive what you’ve worked so hard to create, and also ensure that your “chosen family” will be able to care for and love you, in the event your are incapacitated and cannot make healthcare decisions for yourself. Your wealth isn’t measured just by the dollars in your bank account, but by the well-being of the people you love. You care enough to get your estate planning handled so your loved ones will not get stuck in court or conflict, when you become incapacitated or die.
Feel free to contact us for any business, media, or personal inquiries:
Address
375 Gorham StreetLowell, MA 01852
Hours
Monday - Friday: 9 AM - 5 PMSaturday: 10 AM - 3 PM
Contacts
(978) 871-0546moc.cll-wal-modeerf%40hcaZ
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