Peltier Law Office- Estate Planning, Elder Law, Trusts - MA&NH

Peltier Law Office- Estate Planning, Elder Law, Trusts - MA&NH Estate Planning, Elder Law, Probate and Trust Administration, Business Planning in both MA and NH, Quality probate representation is worth its weight in gold.

Estate Planning

A skilled advocate in foundational and advanced estate planning concepts from basic will and trust based estate plans to sophisticated estate tax planning and asset protection strategies. Foundational concepts may include:
•Will and Living Trust based estate plans with marital and bypass planning
•Irrevocable Trusts for Asset Protection
•Life Insurance Trusts (ILIT)
•

Special Needs Trusts
•Gifting strategies

Advanced concepts may include:
•Qualified Personal Residence Trusts (QPRT)
•Grantor Retained Annuity Trusts (GRAT)
•Lifetime Bypass Trusts
•Charitable Trusts
•Spousal Lifetime Access Trusts (SLAT)

Elder Law and Asset Protection Planning

Long-Term Care Planning is of high concern to most elderly and significant assets must be spent down to qualify for Medicaid. Well versed elder law attorneys can shelter and minimize the value of assets at risk through various arrangements including:
• Irrevocable Trusts
• Care Giver Agreement
• Private Annuities
• Self-Cancelling Installment Notes

Also, high risk and high income earning professionals including physicians, business owners, and attorneys can utilize asset protection techniques to shield liability from creditors, lawsuits and business liabilities utilizing:
• Domestic Assets Protection Trusts (DAPT)
• Business entity strategies (FLP, FLLC, LLC)

Probate and Trust Administration

A skilled Probate advocate is a tremendous resource to have in your corner. Probate can have significant cost, can delay beneficiaries in taking from an estate up to 18 months, and provide a forum for disgruntled heirs and challengers of the will or trust to contest the proceedings. Trust Administration is where a lot of costly mistakes are made and trustee liability can often occur. Administering a trust after death should be undertaken by a skilled estate planning attorney. Business Planning

Choosing the correct business entity for income taxation, limited liability protection, and transition to the next generation are crucial business decisions. The lack of proper business planning is why most family businesses fail to reach the next generation. A proper succession plan needs to be in place along with a funded buy-sell agreement.

Most young parents do not think about dying or becoming seriously ill or injured. As unlikely as such a serious event is...
07/27/2023

Most young parents do not think about dying or becoming seriously ill or injured. As unlikely as such a serious event is when we are young, it is a possibility. This is why we pay for medical insurance, disability insurance, and life insurance.
https://bit.ly/43XPi1x

As a precautionary measure, you should make provisions in case you become incapacitated and require someone to manage yo...
07/20/2023

As a precautionary measure, you should make provisions in case you become incapacitated and require someone to manage your affairs when you become incapacitated. These legal documents can grant broad authority to one or more power of attorney agents to transact business or make medical decisions based on your behalf.
https://bit.ly/3oWPU8A

A special needs child's government benefits must be protected by carefully planning assets to be left behind. It is also...
07/13/2023

A special needs child's government benefits must be protected by carefully planning assets to be left behind. It is also important to protect those assets against later claims after your death and, in some cases, during your lifetime, for additional available public benefits such as Medicaid.
https://bit.ly/3J961XM

In terms of elder care, isn't it more sensible for a family member to provide assistance at home rather than paying some...
07/06/2023

In terms of elder care, isn't it more sensible for a family member to provide assistance at home rather than paying someone else or taking them to a nursing facility? The family member can pay the bills, balance the checkbook, keep the house clean, shop and make meals, and take their aging parent on outings and to the doctor.

https://bit.ly/3oXCGIG

The number of Americans who are widowed or divorced has reached record levels, causing new partnerships to form among ol...
06/29/2023

The number of Americans who are widowed or divorced has reached record levels, causing new partnerships to form among older Americans. The US Census Bureau reports that more than half of all older adults have only married once, opting to stay legally single in their future relationships.
https://bit.ly/3BOpHfg

During probate court, a person's will is validated and the executor is responsible for handling the decedent's assets, d...
06/22/2023

During probate court, a person's will is validated and the executor is responsible for handling the decedent's assets, debts, and final tax filings legally and according to the decedent's wishes. To begin probate, a personal representative or executor must file with the county court where the decedent lived, even if there is a property for dispersal in another state.
https://bit.ly/3opmkbx

The United States is experiencing demographic and cultural shifts. The baby boomer generation continues to “gray” the co...
06/15/2023

The United States is experiencing demographic and cultural shifts. The baby boomer generation continues to “gray” the country and is changing the way individual states set budgets and health care policies.
https://bit.ly/3WtYpEq

Sadly, many of us have witnessed the slow and dehumanizing death of loved ones and friends suffering from Alzheimer's. I...
06/08/2023

Sadly, many of us have witnessed the slow and dehumanizing death of loved ones and friends suffering from Alzheimer's. In the final stages of this and other dementia diseases, there comes a time when your loved one can no longer speak, recognize family members, or move purposefully.
https://bit.ly/3ouvKm4

A federal law that was passed over 30 years ago was designed to protect the savings of married couples on Medicaid. Thes...
06/01/2023

A federal law that was passed over 30 years ago was designed to protect the savings of married couples on Medicaid. These protections prevent husbands and wives from bankrupting themselves funding care for their loved ones.
https://bit.ly/3BRrU9H

Address

Merrimac, MA

Opening Hours

Monday 8am - 6pm
Tuesday 8am - 6pm
Wednesday 8am - 6pm
Thursday 8am - 6pm
Friday 8am - 6pm

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