Probate And Trust Guidance You Can Count On
For those with the responsibility of taking an estate through probate or administering a trust, the value of having experienced legal guidance by your side — to help carry out all duties and avoid any mistakes that could incur personal liability — is difficult to overstate.
Disgruntled former heirs can cause disputes within a family over the validity of a will. Someone in charge of a trust can be accused of misrepresentation or misappropriation of funds. For all the twists and turns that the human element and legal process can hand you, the law firm of Vieira & DiGianfilippo effectively advises and advocates.
Protecting Your Assets From The Costs Of Nursing Home Care
By taking the time to look into protecting your estate from excessive nursing home costs, you can extend how long-term care will be affordable to you, as well as protect the inheritance you want to leave your loved ones. Over the almost 60 years of our practice, our planning and guidance have enabled hundreds of clients to qualify for government-paid long-term care Medicaid benefits as well as available veterans benefits.
Protecting Assets From Estate Taxes
Careful planning is needed to minimize estate taxes on your assets at death. In Massachusetts, estate taxes and liens can become an issue if your estate is valued in excess of $1 million; in Rhode Island, exposure begins at $1,537,000. At the federal level, the estate tax exemption is $11,180,000, but using this exemption through lifetime gift planning may be needed to avoid losing it before death. (Please note these exemptions are subject to change). Maximizing your estate tax and generation-skipping tax exemptions through strategic gift and trust planning minimizes estate taxes. We also use charitable giving, including the establishment of private foundations and other charitable gift trusts, to reduce estate taxes.
Protecting Your Estate From Divorce And Liability Claims
We often use generation-skipping trusts, which continue even after your death, to help keep your estate within your family and protect it from your heirs’ potential divorce or liability claims.
At Vieira & DiGianfilippo, our attorneys are committed to helping people effectively and efficiently realize their estate planning goals. No matter the size of your estate, we can develop a plan that will help turn your wishes into an estate plan that serves all of your needs.
Attorney Stephen J. DiGianfilippo is focused on meeting all of your estate planning needs, including minimizing taxes, avoiding probate and helping ensure that you can pay for nursing home care, among other issues.
Trust And Estate Representation In Providence
Taking action now can give you peace of mind and an assurance that you will be able to help your loved ones. To schedule an initial consultation with our knowledgeable estate and probate lawyers, call 401-400-3375 in Providence, 508-297-6163 in South Easton and 508-339-7179 in Mansfield. You can also contact us online.