Setting Up a Trust in Massachusetts
Did you know that there are at least 50 different types of trusts? There is a trust for almost any estate planning goal you may have. For example, if you have a disabled child, you may want to create a special needs trust. Or, you may wish to set up a life insurance trust to ensure that your spouse or child is provided for, should you unexpectedly pass away.
Dedicated to personal service, our attorneys have served the Boston area in estate planning and administration since 1986.
For assistance creating a trust, will or comprehensive estate plan, contact The Law Office of Kevin P. O'Malley, P.C. online or call our law office in Medford at 1-888-801-1514.
What is a Living Trust?
A living trust allows you to control your property while they are still alive and nominate someone to continue caring for your estate after your death. At The Law Office of Kevin P. O'Malley, P.C., our attorneys can help create a trust that suits your unique situation, protects your loved ones from liabilities and keeps your property in the hands of your family and friends whom you have approved.
What Can a Trust Do for Me?
A trust can also be established in order to shield your assets from high estate taxes and outline how your assets should be divided or distributed. For example, your trust might contain a stipulation only providing funds to your child upon graduating from college or reaching the age of 30.
To learn more about how a trust could benefit you and your family, contact The Law Office of Kevin P. O'Malley, P.C. to schedule a consultation with an experienced lawyer.
