# KLG Estate Planning & Probate Attorneys > KLG Estate Planning & Probate Attorneys is a trusted estate planning law firm located at 342 North Main Street, Andover, Massachusetts. A division of Kiley Law Group, LLC, KLG serves families throughout Massachusetts and New Hampshire with comprehensive estate planning, probate, trust administration, wealth preservation, and trust and estate litigation services. The firm was founded by Thomas M. Kiley Sr. and is led by attorneys Thomas Kiley Sr., Thomas Kiley Jr., and Carah Kiley, who bring over 60 years of combined legal experience. KLG offers three estate plan tiers: Simple Estate Plan, Trust Plan, and Trust Plus Plan, each tailored to the complexity of the client's needs. The firm provides free 30-minute consultations and can be reached at 978-474-8670 or contact@tomkileylaw.com. > Practice Areas: Estate Planning, Probate, Trust Administration, Wealth Preservation, Trust and Estate Litigation. Service Areas: Andover MA, Boston MA, North Shore MA, Merrimack Valley MA, Portsmouth NH, Rye NH, and surrounding communities in Massachusetts and New Hampshire. Office Hours: Monday through Friday, 9:00 AM to 5:00 PM. All consultations begin with a free 30-minute meeting to discuss goals, assess needs, and recommend the appropriate estate plan. KLG attorneys are recognized in Super Lawyers, Super Lawyers Rising Stars, 40 Under 40, National Trial Lawyers Association, Avvo (rated 10/10), and Martindale-Hubbell. --- ## Pages - [Test Page](https://klgestateplanning.com/test-page/): This content is password-protected. To view it, please enter the password below. Password: - [Categories](https://klgestateplanning.com/categories/): Categories - [KLG Blog](https://klgestateplanning.com/klg-blog/): Read thought leadership and industry insights in our blog center. Contact KLG Estate Planning today. - [Your Consultation Request Has Been Received](https://klgestateplanning.com/thank-you-consultation/): Thank you. Your consultation request has been received. We'll be reaching out to you shortly. - [Estate Planning - Free Consultation](https://klgestateplanning.com/estate-planning-free-consultation/): Estate Planning Begins With a Consultation Like many people, you’ve thought about what could happen to your family in the... - [File Upload](https://klgestateplanning.com/file-upload/): Please upload your files here. We will be contacting you very shortly. Thank you! - [Honoring Our Heroes: Special Estate Planning for First Responders](https://klgestateplanning.com/special-estate-planning-for-first-responders/): Estate Planning Attorney in Andover, MA Honoring Our Heroes: Special Estate Planning for First Responders At KLG Estate Planning, we’re... - [Privacy Policy](https://klgestateplanning.com/privacy-policy/): Read KLG Estate Planning's privacy policy. KLG Estate Planning is a division of Kiley Law Group, LLC, located in Andover, Massachusetts. - [Terms of Service](https://klgestateplanning.com/terms-of-service/): Review the terms of service for the KLG Estate Planning website. KLG Estate Planning is a division of Kiley Law Group, LLC. - [Your Submission Has Been Received](https://klgestateplanning.com/thank-you-consultation/thank-you/): Thank you. Your submission has been received. We'll be reaching out to you shortly. - [Practice Areas](https://klgestateplanning.com/areas-of-practice/): Explore KLG's estate planning services: estate planning, probate, trust administration, wealth preservation, and trust litigation for Massachusetts and New Hampshire families. - [Estate Planning Attorney in Rye & Portsmouth, NH](https://klgestateplanning.com/estate-planning-attorney-in-portsmouth-nh/): KLG Estate Planning serves Portsmouth, Rye, and New Hampshire families with comprehensive estate plans, trusts, probate, and wealth preservation. Free 30-minute consultation available. - [Our Team](https://klgestateplanning.com/our-team/): Meet the attorneys at KLG Estate Planning: Thomas Kiley Sr., Thomas Kiley Jr., and Carah Kiley. 50+ years of combined experience serving Massachusetts and New Hampshire families. - [Free Consultation](https://klgestateplanning.com/free-consultation/): Schedule your free 30-minute estate planning consultation with KLG. Protect your family's future with trusted MA and NH estate planning attorneys. - [Contact Us](https://klgestateplanning.com/contact-us/): Contact KLG Estate Planning today to schedule your free 30-minute consultation. Located at 342 North Main Street, Andover, MA 01810. - [Estate Planning Attorney in Andover, MA](https://klgestateplanning.com/estate-planning-attorney-andover-ma/): KLG Estate Planning is Andover's trusted estate planning firm. Wills, trusts, and wealth preservation for Massachusetts families. Free consultations available. - [About Us](https://klgestateplanning.com/about-us/): KLG Estate Planning, a division of Kiley Law Group, provides comprehensive estate planning and wealth preservation to MA and NH families. 50+ years of combined legal experience. - [Home - KLG Estate Planning](https://klgestateplanning.com/): KLG Estate Planning attorneys protect Massachusetts and New Hampshire families through comprehensive estate plans, trust administration, and wealth preservation. --- ## Posts - [Probate in Massachusetts vs. New Hampshire: Timelines, Costs, and How to Avoid It](https://klgestateplanning.com/probate-in-massachusetts-vs-new-hampshire-timelines-costs-and-how-to-avoid-it/): Compare the probate process in Massachusetts and New Hampshire, including timelines, costs, and strategies to avoid probate. Learn how trusts and estate planning can help. - [How Life Events Trigger Essential Estate Planning Updates: What Massachusetts and New Hampshire Families Should Review Immediately](https://klgestateplanning.com/how-life-events-trigger-essential-estate-planning-updates/): Life events can trigger some essential estate planning updates. If you need help with Estate Planning, contact KLG Estate Planning today. - [Keeping Your Estate Plan Sharp: Essential Documents for a Clear Review](https://klgestateplanning.com/estate-plan-essential-documents/): Avoid costly estate planning mistakes. Learn how families can protect their legacy and prepare heirs with confidence in MA and NH. - [What Legal Tax Deductions Should You Consider?](https://klgestateplanning.com/what-legal-tax-deductions-should-you-consider/): Avoid costly estate planning mistakes. Learn how high-net-worth families can protect their legacy and prepare heirs with confidence in MA and NH. - [The Surprising Tax Consequences of Dying Without an Estate Plan Explained](https://klgestateplanning.com/the-surprising-tax-consequences-of-dying-without-an-estate-plan-explained/): Avoid costly estate planning mistakes. Learn how high-net-worth families can protect their legacy and prepare heirs with confidence in MA and NH. - [Protecting Your Legacy: Critical Estate Planning Oversights to Avoid](https://klgestateplanning.com/critical-estate-planning-oversights/): Avoid costly estate planning mistakes. Learn how high-net-worth families can protect their legacy and prepare heirs with confidence in MA and NH. - [How Life Insurance and Annuities Enhance Estate Planning in Massachusetts & New Hampshire](https://klgestateplanning.com/life-insurance-and-annuities-in-estate-plan/): Learn how life insurance and annuities support estate planning in MA & NH. KLG Estate Planning offers 50+ years of experience protecting families. - [The 5 D’s of Estate Planning: When Life Changes, So Should Your Plan](https://klgestateplanning.com/5-ds-of-estate-planning/): Life changes—so should your estate plan. Learn the 5 D’s that signal it’s time for a review, from death to a new decade. KLG can help. - [Trustee vs. Personal Representative: What’s the Difference?](https://klgestateplanning.com/trustee-personal-representative/): Trustee vs. Personal Representative: Understand their key differences & roles in estate planning to protect your legacy. Learn more with KLG Estate Planning. - [Estate Planning for Blended Families](https://klgestateplanning.com/estate-planning-for-blended-families/): Ensure fairness and clarity in estate planning for blended families. Learn how to protect your legacy and create a plan that honors your wishes. - [Estate Planning Without Kids](https://klgestateplanning.com/estate-planning-without-kids/): Discover why estate planning is crucial, even without kids. Protect your assets, designate trusted decision-makers, and secure your legacy with expert guidance. - [How to Start Estate Planning in Your 30s, 40s, 50s, and Beyond](https://klgestateplanning.com/estate-planning-as-you-age/): Discover essential estate planning tips tailored to your 30s, 40s, and 50s. Secure your future and protect your loved ones at every life stage. - [Structuring Trusts and Legal Protections for Accountability](https://klgestateplanning.com/structuring-trusts/): Structuring Trusts With Accountability Ensures Your Assets and Legacy Are Protected. Contact KLG Estate Planning Today to Get Started. - [Preparing for Long-Term Care: Planning for Your Golden Years](https://klgestateplanning.com/preparing-for-long-term-care-planning-for-your-golden-years/): As we age, long-term care becomes an essential consideration for maintaining quality of life and protecting assets. Proper planning ensures... - [Trusts vs. Wills: Which is Right for You?](https://klgestateplanning.com/trusts-vs-wills-which-is-right-for-you/): At KLG Estate Planning, serving Massachusetts and New Hampshire, we understand that choosing between a trust and a will can be challenging. - [Estate Planning For Business Owners](https://klgestateplanning.com/estate-planning-for-business-owners/): At KLG Estate Planning, we understand the challenges business owners in Massachusetts and New Hampshire face, and bring our extensive experience to help you navigate this process. - [The Benefits of Estate Planning for Young Families in New Hampshire and Massachusetts](https://klgestateplanning.com/estate-planning-for-young-families-nh-and-ma/): There are many benefits of estate planning for young families in New Hampshire and Massachusetts. Contact our attorneys at KLG Estate Planning today. - [Increased Estate Tax Exemption and Its Sunset](https://klgestateplanning.com/increased-estate-tax-exemption/): The Tax Cuts and Jobs Act (TCJA) of 2017 significantly increased estate tax exemption, allowing individuals to shield a much larger portion of their assets from federal estate tax. - [New Hampshire Estate Planning Council](https://klgestateplanning.com/new-hampshire-estate-planning-council/): We're excited to announce that our attorneys Thomas Kiley Jr. and Carah Kiley have recently joined the New Hampshire Estate Planning Council (NHEPC)! - [A Comprehensive Guide to Estate Planning in Massachusetts](https://klgestateplanning.com/estate-planning-in-massachusetts/): Our attorneys at KLG Estate Planning in Massachusetts will help you plan for the management and distribution of your estate during your lifetime and after death. - [Estate Planning in Rye, New Hampshire](https://klgestateplanning.com/estate-planning-in-rye-new-hampshire/): KLG Estate Planning is proud to serve the Seacoast of New Hampshire. Rye is a town with a rich history... - [Don’t Shut Me Down: Planning For Digital Assets](https://klgestateplanning.com/dont-shut-me-down-planning-for-digital-assets/): In a world gone increasingly remote, managing your digital assets has become an even more important part of estate planning. - [Estate Planning Do’s and Don'ts](https://klgestateplanning.com/estate-planning-dos-and-donts/): At KLG Estate Planning & Probate Attorneys, we understand that the task of preparing a comprehensive estate plan can feel incredibly daunting. Our mission has always been to make that process as easy as possible. - [Ensuring Your Home is Passed on to Your Children](https://klgestateplanning.com/ensuring-your-home-is-passed-on-to-your-children/): For many parents, a primary concern as they develop their estate plan is making sure their family home or homes are passed to their children. They want the process to be free of unnecessary burdens and weighty tax consequences. - [Are You Considering a Family Trust?](https://klgestateplanning.com/are-you-considering-a-family-trust/): Year after year, our clients ask us what they can do to protect the most important thing in their lives: their family. They want to ensure that no matter what, their family is taken care of and all unnecessary stress and worry is mitigated as much as possible. - [When You Need More Than a Will...](https://klgestateplanning.com/when-you-need-more-than-a-will/): There is no cookie cutter when it comes to estate planning. In fact, comprehensive estate plans look quite different depending on an individual’s age and unique circumstances. - [5 Estate Planning Tips for Newlyweds](https://klgestateplanning.com/5-estate-planning-tips-for-newlyweds/): Getting married is a wonderful, whirlwind time for so many. You and your new spouse likely have quite a bit already on your “to-do” list. However, many newlyweds may forget to address some of the more important implications of their recent union. - [What is Probate 2021](https://klgestateplanning.com/what-is-probate-2021/): When are the beneficiaries of a will notified, and what is probate? This is a common question we receive at KLG Estate Planning & Probate Attorneys. The short answer is: once the probate process has begun. However, there are many caveats to that answer and a variety of factors that could affect the length of time the entire probate process takes. - [Do It Yourself Wills](https://klgestateplanning.com/do-it-yourself-wills/): With the wide variety of do-it-yourself will and estate planning options online, many Americans are wondering if they still need to work with an attorney... - [Charitable Giving](https://klgestateplanning.com/charitable-giving/): Charitable giving is an admirable way to provide support to worthy causes. Many of our clients, as part of their comprehensive estate plan, have charitable donations bequeathed to organizations close to their hearts. - [Choosing Your Executor](https://klgestateplanning.com/choosing-your-executor/): An executor, called a “personal representative” in Massachusetts, will play a crucial role in the oversight of your estate and the proper execution of your estate plan. - [Special Needs Trust](https://klgestateplanning.com/special-needs-trust/): If your loved one has a mental or physical disability, a special needs trust can help both of you navigate complex government benefits and requirements and ensure financial stability. - [Elder Law](https://klgestateplanning.com/elder-law/): “Elder law” is a huge practice area that encompasses a variety of critical issues, like comprehensive estate plans, financial management, short-term and long-term healthcare options, adult guardianship, and conservatorship. - [Trust vs. Will](https://klgestateplanning.com/trust-vs-will/): Many of our clients understand the need to have a basic will in place, but they are unsure about other tools that may empower them to soundly protect their estate and assets. - [Avoid These Mistakes When Setting Up a Trust](https://klgestateplanning.com/avoid-these-mistakes-when-setting-up-a-trust/): When setting up a revocable trust, you need to be diligent about asset transfers, beneficiary designations and funding formulas. Failure to complete certain steps can prevent the trust from acting as you intended, creating additional cost and unintended consequences for your estate. - [Setting up a Medical ID on Your Phone](https://klgestateplanning.com/setting-up-a-medical-id-on-your-phone/): Smartphone providers now offer enhanced options that let you provide even more emergency information, such as medical conditions and allergies. - [Naming a Guardian for Your Children](https://klgestateplanning.com/naming-a-guardian-for-your-children/): Resist the urge to avoid naming a guardian as part of your estate plan simply because it’s not easy to imagine someone else raising your children. - [Life Insurance Trusts: Fund or Collapse?](https://klgestateplanning.com/life-insurance-trusts-fund-or-collapse/): As the name indicates, an ILIT is irrevocable, so once you place a life insurance policy inside it, you generally can’t take it back out. However, grantors do have options to shut down the trust or alter it in ways that still protect the interests of the beneficiaries. - [Four Strategies to Reduce Estate Taxes](https://klgestateplanning.com/four-strategies-to-reduce-estate-taxes/): How can I minimize estate taxes? The good news is that there are ways to reduce one’s estate taxes. - [Five Tips to Minimize Estate Disputes](https://klgestateplanning.com/five-tips-to-minimize-estate-disputes/): While there is no way to guarantee there will not be a dispute involving your estate, intentional efforts now can help minimize the possibility of disagreements. - [Passage of SECURE Act Anticipated by Year-End](https://klgestateplanning.com/passage-of-secure-act-anticipated-by-year-end/): The legislation, designed to boost Americans’ retirement savings, has implications for individual savers and for those planning to pass an inheritance to the next generation. - [Estate Planning Checklist – Your Ultimate Guide](https://klgestateplanning.com/estate-planning-checklist-your-ultimate-guide/): Having an estate planning checklist will help you understand the basic aspects of estate planning and evaluate the various options that will be of value to you. - [10 Common Estate Planning Mistakes to Avoid](https://klgestateplanning.com/10-common-estate-planning-mistakes-to-avoid-in-2018/): Here are 10 common mistakes made while estate planning which can be avoided, KLG Estate Planning experienced attorneys prepare strategy based on your needs. --- ## Practice Areas - [Estate Planning Lawyer](https://klgestateplanning.com/practice-area/estate-planning/): KLG estate planning lawyers create wills, trusts, powers of attorney, and comprehensive estate plans for MA and NH families. Free consultations. - [Probate Attorney](https://klgestateplanning.com/practice-area/probate/): KLG probate attorneys guide families through the probate process in Massachusetts and New Hampshire. We handle informal, formal, and voluntary administration. - [Wealth Preservation Lawyer](https://klgestateplanning.com/practice-area/wealth-preservation/): Protect your assets from lawsuits, creditors, and claims with KLG's wealth preservation attorneys. We serve Massachusetts and New Hampshire families with proven asset protection strategies. - [Trust Administration](https://klgestateplanning.com/practice-area/trust-administration/): KLG trust administration attorneys help families manage and distribute trust assets in Massachusetts and New Hampshire. From revocable trusts to tax-exempt trusts, we guide trustees through every step. - [Trust and Estate Litigation Attorney](https://klgestateplanning.com/practice-area/trust-estate-litigation/): KLG estate litigation attorneys defend wills, trusts, and estates in Massachusetts and New Hampshire courts. We handle will contests, fiduciary duty disputes, and contested conservatorships. --- ## Team Members - [Carah Kiley](https://klgestateplanning.com/team-member/carah-kiley/): Attorney Carah Kiley specializes in estate planning, probate, wealth preservation, and trust administration for Massachusetts and New Hampshire families at KLG Estate Planning. - [Thomas Kiley, Jr.](https://klgestateplanning.com/team-member/tom-kiley-jr/): Attorney Thomas Kiley Jr. is a third-generation trial lawyer at KLG Estate Planning, serving Massachusetts and New Hampshire families with estate planning, probate, and trust litigation. - [Thomas Kiley, Sr.](https://klgestateplanning.com/team-member/tom-kiley-sr/): Attorney Thomas Kiley Sr. founded KLG Estate Planning with 30+ years protecting Massachusetts and New Hampshire families. Rated 'Perfect 10' on Avvo and featured in Super Lawyers. --- # # Detailed Content ## Pages - Published: 2026-02-25 - Modified: 2026-03-06 - URL: https://klgestateplanning.com/test-page/ This content is password-protected. To view it, please enter the password below. Password: --- - Published: 2026-02-25 - Modified: 2026-03-09 - URL: https://klgestateplanning.com/categories/ Home Categories Estate Planning 41 Posts Probate 2 Posts Trust Administration 6 Posts Trust and Estate Litigation 1 Post Wealth Preservation 2 Posts --- > Read thought leadership and industry insights in our blog center. Contact KLG Estate Planning today. - Published: 2026-02-24 - Modified: 2026-03-10 - URL: https://klgestateplanning.com/klg-blog/ Home --- > Thank you. Your consultation request has been received. We'll be reaching out to you shortly. - Published: 2026-02-23 - Modified: 2026-03-10 - URL: https://klgestateplanning.com/thank-you-consultation/ Home What Our Clients Say Highly recommend KLG Estate Planning & Probate for your estate planning needs. Very professional. John Mayers Your Consultation Request Has Been Received Thank you for requesting your complimentary 30-minute consultation. Our office will be contacting you to set up the appointment. --- - Published: 2026-02-23 - Modified: 2026-03-09 - URL: https://klgestateplanning.com/estate-planning-free-consultation/ Estate Planning Begins With a Consultation Like many people, you’ve thought about what could happen to your family in the future. Will they be happy? Will they be successful? Will they be able to take care of themselves and their families? Call us at 978-474-8670 to schedule your FREE 30-minute estate planning consultation. FREE 30-minute Estate Planning Consultation Please complete this form or call us at 978-474-8670 so that we may contact you to schedule your 30-minute estate planning consultation. "*" indicates required fields Ease Concerns About Your Family’s Future While you cannot see the future, creating a comprehensive estate plan can help to ease some of your concerns about your family’s future. Through estate planning, you can determine what happens to you and your valued assets when you are incapacitated or deceased, providing detailed instructions to your family about your wishes. With these instructions, you can ensure the correct transfer of the assets you’ve accrued throughout your life to those you love the most. Through an estate plan, you can give your loved ones the solid foundation they need to prosper with or without you. There are numerous estate planning tactics to utilize to create the ultimate plan for your family. To create the most effective plan, it’s important that you contact the attorneys of KLG Estate Planning & Probate Attorneys. They will sit with you and have in-depth conversations about your needs and desired outcomes, and create a plan to achieve these goals. After your plan has been created, they will remain in contact with you to ensure that your plan is updated and still reflects your life and goals. While you cannot see the future, creating a comprehensive estate plan can help to ease some of your concerns about your family’s future. There’s no One Size Fits All Method to Estate Planning There are numerous methods to accomplish your goals, and since there’s no one size fits all method to estate planning, we use a combination of tactics. These tactics include:Revocable living trustsLast will and testamentPowers of attorneyHealth care proxiesIntegrated estate planningEstate planning for LGBTIrrevocable TrustsEducational TrustsDynasty TrustsLife insurance TrustsSpecial Needs TrustsAsset Protection Trust In addition to comprehensive estate planning, KLG Estate Planning & Probate Attorneys will work with your family to administer the trust when the time comes. We’ll be there to guide your family to ensure that not only are your wishes met, but any legal obligations are met, as well. We protect your estate from its creation all the way to distribution. If you’re in need of estate planning for a simple estate or have more complex needs, contact the attorneys at KLG Estate Planning & Probate Attorneys to begin the process. We offer FREE 30-minute consultations to new clients and have two locations for convenience. Contact us by calling 978-474-8670 to schedule your consultation and discover the security that an estate plan offers. Request Your FREE Estate Planning Consultation "*" indicates required fields --- > Please upload your files here. We will be contacting you very shortly. Thank you! - Published: 2026-02-23 - Modified: 2026-03-10 - URL: https://klgestateplanning.com/file-upload/ Home File Upload KLG Estate Planning – Secure Document Upload Please enter your name and email below, then upload the requested documents. All files are transmitted securely. If you have questions about what to upload, contact our office. --- - Published: 2026-02-23 - Modified: 2026-03-09 - URL: https://klgestateplanning.com/special-estate-planning-for-first-responders/ Estate Planning Attorney in Andover, MA Home Honoring Our Heroes: Special Estate Planning for First Responders At KLG Estate Planning, we’re honored to support those who dedicate their lives to protecting others. Whether you’re a firefighter, police officer, EMT, or other emergency personnel, your work carries weight that most of us will never fully understand. You protect, you respond, and you sacrifice—often putting others before yourselves. We want to give something back. A Thank You, From Our Family to Yours As a small gesture of appreciation, we’re offering a preferred rate on our Simple Will Package exclusively for first responders in Massachusetts and New Hampshire. This package is designed to make protecting your loved ones easy, affordable, and stress-free. Because while you’re looking out for everyone else, we want to help make sure someone is looking out for you. Who’s Eligible? This offer is available to: Active and retired firefighters Law enforcement officers Paramedics and EMTs Dispatchers and other emergency responders A valid ID or proof of service may be requested* Why It Matters Estate planning isn’t just for the wealthy or elderly. It’s a simple, but powerful way to: Ensure your loved ones are cared for Appoint guardians for your children Give your family peace of mind during difficult times We know life moves fast—especially in your line of work. Our team is here to make this process simple, clear, and handled with care. You Deserve Peace of Mind, Too With over 50 years of combined experience, our firm was built on family values, trust, and a deep commitment to the communities we serve. This initiative is more than a discount—it’s a way for us to honor the people who make our towns safer, stronger, and more compassionate. Let’s Get Started If you’re a first responder ready to take this step—or you know someone who should—reach out today. We’re honored to serve those who serve. Contact Us Today --- > Read KLG Estate Planning's privacy policy. KLG Estate Planning is a division of Kiley Law Group, LLC, located in Andover, Massachusetts. - Published: 2026-02-23 - Modified: 2026-03-10 - URL: https://klgestateplanning.com/privacy-policy/ Home Privacy Policy Your privacy is very important to us. Accordingly, we have developed this Policy in order for you to understand how we collect, use, communicate and disclose and make use of personal information. The following outlines our privacy policy. Before or at the time of collecting personal information, we will identify the purposes for which information is being collected. We will collect and use personal information solely with the objective of fulfilling those purposes specified by us and for other compatible purposes, unless we obtain the consent of the individual concerned or as required by law. We will only retain personal information as long as necessary for the fulfillment of those purposes. We will collect personal information by lawful and fair means and, where appropriate, with the knowledge or consent of the individual concerned. Personal data should be relevant to the purposes for which it is to be used, and, to the extent necessary for those purposes, should be accurate, complete, and up-to-date. We will protect personal information by reasonable security safeguards against loss or theft, as well as unauthorized access, disclosure, copying, use or modification. We will make readily available to customers information about our policies and practices relating to the management of personal information. We are committed to conducting our business in accordance with these principles in order to ensure that the confidentiality of personal information is protected and maintained. --- > Review the terms of service for the KLG Estate Planning website. KLG Estate Planning is a division of Kiley Law Group, LLC. - Published: 2026-02-23 - Modified: 2026-03-10 - URL: https://klgestateplanning.com/terms-of-service/ Home Terms of Service 1. Terms By accessing this web site, you are agreeing to be bound by these web site Terms and Conditions of Use, all applicable laws and regulations, and agree that you are responsible for compliance with any applicable local laws. If you do not agree with any of these terms, you are prohibited from using or accessing this site. The materials contained in this web site are protected by applicable copyright and trademark law. 2. Use License Permission is granted to temporarily download one copy of the materials (information or software) on KLG Estate Planning & Probate Attorneys, a division of Kiley Law Group, LLC’s web site for personal, non-commercial transitory viewing only. This is the grant of a license, not a transfer of title, and under this license you may not: modify or copy the materials; use the materials for any commercial purpose, or for any public display (commercial or non-commercial); attempt to decompile or reverse engineer any software contained on KLG Estate Planning & Probate Attorneys, a division of Kiley Law Group, LLC’s web site; remove any copyright or other proprietary notations from the materials; or transfer the materials to another person or “mirror” the materials on any other server. This license shall automatically terminate if you violate any of these restrictions and may be terminated by KLG Estate Planning & Probate Attorneys, a division of Kiley Law Group, LLC, at any time. Upon terminating your viewing of these materials or upon the termination of this license, you must destroy any downloaded materials in your possession whether in electronic or printed format 3. Disclaimer The materials on KLG Estate Planning & Probate Attorneys, a division of Kiley Law Group, LLC’s web site are provided “as is. ” KLG Estate Planning & Probate Attorneys, a division of Kiley Law Group, LLC, makes no warranties, expressed or implied, and hereby disclaims and negates all other warranties, including without limitation, implied warranties or conditions of merchantability, fitness for a particular purpose, or non-infringement of intellectual property or other violation of rights. Further, KLG Estate Planning & Probate Attorneys, a division of Kiley Law Group, LLC, does not warrant or make any representations concerning the accuracy, likely results, or reliability of the use of the materials on its Internet web site or otherwise relating to such materials or on any sites linked to this site. 4. Limitations In no event shall KLG Estate Planning & Probate Attorneys, a division of Kiley Law Group, LLC, or its suppliers be liable for any damages (including, without limitation, damages for loss of data or profit, or due to business interruption,) arising out of the use or inability to use the materials on KLG Estate Planning & Probate Attorneys, a division of Kiley Law Group, LLC’s Internet site, even if KLG Estate Planning & Probate Attorneys, a division of Kiley Law Group, LLC or a KLG Estate Planning & Probate Attorneys, a division of Kiley Law Group, LLC, authorized representative has been... --- > Thank you. Your submission has been received. We'll be reaching out to you shortly. - Published: 2026-02-23 - Modified: 2026-03-10 - URL: https://klgestateplanning.com/thank-you-consultation/thank-you/ Home Your Submission Has Been Received Thank You For Contacting Us! We will review your inquiry and get back to you very soon. If you have an urgent request, please call our office. --- > KLG Estate Planning serves Portsmouth, Rye, and New Hampshire families with comprehensive estate plans, trusts, probate, and wealth preservation. Free 30-minute consultation available. - Published: 2026-02-20 - Modified: 2026-03-10 - URL: https://klgestateplanning.com/estate-planning-attorney-in-portsmouth-nh/ Estate Planning Attorney in Rye & Portsmouth, NH HomeKLG Estate Planning & Probate Attorneys provide legal services in the areas of Estate Planning, Probate, Wealth Preservation, Trust Administration and Trust & Estate Litigation in the State of New Hampshire and surrounding areas. Our primary goal is to provide high-quality legal services in a timely and efficient manner. With more than 40 years of legal experience, the attorneys at KLG understand the importance of supporting families. Nobody knows for sure what the future holds, but it’s always smart to take steps today to prepare for anything unexpected. Meet Our Estate Planning Attorneys Estate Planning in New Hampshire In New Hampshire, you can create a living trust to avoid probate for virtually any asset you own – real estate, bank accounts, vehicles, and so on. At your death, your successor trustee will be able to transfer the assets to the trust beneficiaries without probate court proceedings. Therefore, it’s well worth taking time to ensure that trustees are appointed, executors are identified and healthcare wishes are understood in order to avoid any unfavorable experiences, and expenses, for you and your loved ones. At KLG, we help protect the lasting legacies that families in New Hampshire have built over time, preventing the destruction or misuse of generational assets. KLG estate planning attorneys want to ensure that you and your family have everything you need to legally protect the home, possessions and assets you’ve built throughout your life. Our attorneys have been practicing law in New Hampshire for decades, and are fully aware of the most effective planning tactics to meet the needs of your family. A well-implemented estate plan helps protect your family and your property when you die or become incapacitated. Our estate planning lawyers draft wills, trusts, powers of attorney and various other estate planning documents that meet your specific needs and goals. We work hard to protect assets and transfer assets efficiently and confidentially. Read our ultimate guide, Estate Planning Checklist, and our blog articles for tips, strategies and estate planning mistakes to avoid. Estate and Inheritance Tax in New Hampshire In New Hampshire, there is no state estate tax, regardless of the size of your estate. However, the federal government estate tax does apply. Under the newly-passed federal tax law, the federal exemption from estate taxes is $11. 4 million per person or $22. 8 million for a married couple. Married couples can use both of their exemptions on their estate when the second spouse dies, as the federal estate tax exemption is transferable. If you are over the federal exemption amount, then New Hampshire offers progressive credit shelter and asset protection trust structures that can provide additional safeguards for your assets. Why Choose Our Estate Planning Attorneys Wills, trusts and other estate planning documents can be confusing and complicated. Using do-it-yourself (DIY) estate planning tools is very risky and can cause more harm than good in a real-world scenario. Let the experienced and knowledgeable estate planning attorneys at KLG... --- > Meet the attorneys at KLG Estate Planning: Thomas Kiley Sr., Thomas Kiley Jr., and Carah Kiley. 50+ years of combined experience serving Massachusetts and New Hampshire families. - Published: 2026-02-19 - Modified: 2026-03-10 - URL: https://klgestateplanning.com/our-team/ The KLG Estate Planning and Probate Team Home Our Team Meet Our Attorneys KLG Estate Planning and Probate Attorneys are the attorneys your family needs to protect their assets, preserve their wealth, and proactively facilitate the smooth transition of the estate from one generation to the next. Our attorneys have been practicing law in Massachusetts and New Hampshire for many years, and are fully aware of the best tactics to take advantage to meet the needs of the family. As we’ve said before, security begins with a plan, and a plan begins with the attorneys of KLG. --- > Schedule your free 30-minute estate planning consultation with KLG. Protect your family's future with trusted MA and NH estate planning attorneys. - Published: 2026-02-19 - Modified: 2026-03-10 - URL: https://klgestateplanning.com/free-consultation/ Free Consultation Call us at 978. 788. 9142 or fill out the form below to receive a complimentary 30 minute initial consultation. "*" indicates required fields --- > Contact KLG Estate Planning today to schedule your free 30-minute consultation. Located at 342 North Main Street, Andover, MA 01810. - Published: 2026-02-19 - Modified: 2026-03-10 - URL: https://klgestateplanning.com/contact-us/ Contact Us Please complete the form below and we will respond to your inquiry. For immediate assistance, please call our office at 978-474-8670 in Massachusetts or 603. 605. 0820 in New Hampshire. "*" indicates required fields --- > KLG Estate Planning is Andover's trusted estate planning firm. Wills, trusts, and wealth preservation for Massachusetts families. Free consultations available. - Published: 2026-02-19 - Modified: 2026-03-10 - URL: https://klgestateplanning.com/estate-planning-attorney-andover-ma/ Estate Planning Attorney in Andover, MA HomeCreating an estate plan is important for everyone. If you have assets, a business, or children, having an estate plan in place will give you peace of mind. KLG Estate Planning & Probate Attorneys specializes in all aspects of estate planning. The KLG office is located at 342 North Main Street in Andover, Massachusetts 01810. The Town of Andover is located in Essex County in the northeastern part of Massachusetts. While our law office is located in Andover, Massachusetts, our attorneys offer legal assistance in estate planning to individuals and families across Massachusetts. What We Do As estate planning attorneys, we help you plan for the management and distribution of your estate during your lifetime and after death. The estate planning landscape can be complex and confusing, and we can show you how to take the right steps for you and those you love. Our team will create the necessary documents needed to achieve your goals. These documents usually include a will, a health care directive, and a power of attorney. We can also discuss more complex needs, such as a trust, planning for long-term care, and other issues. When a significant life event occurs – such as the birth of a child, marriage, or divorce – we can amend your will and other estate documents to adjust to these changes. See our Estate Planning Checklist for more information. We can help you understand your options so that you can make the best choices for you and our family. KLG ‘s goal is to protect your family, your assets, and your legacy. The attorney team of Carah Kiley, Thomas Kiley, Jr. , and Thomas Kiley, Sr. are experienced estate planning attorneys in Andover, Massachusetts, who will work with you to clarify your needs and ensure your estate planning needs are handled. Our attorneys provide legal services in the practice areas of Estate Planning, Probate, Wealth Preservation, Trust Administration, and Trust and Estate Litigation. With more than 40 years of legal experience, our attorneys have been honored with prestigious legal credentials, including Super Lawyers, Super Lawyers Rising Stars, 40 Under 40, and National Trial Lawyers Association, and have been rated highly on Avvo and Martindale-Hubbell, two premier lawyer ratings services. Estate Planning Attorney Serving Andover, Massachusetts Need more information, have questions on estate planning, or ready to create your plan? Call us at 978-474-8670 or fill out the online form to receive a complimentary 30-minute consultation. --- > KLG Estate Planning, a division of Kiley Law Group, provides comprehensive estate planning and wealth preservation to MA and NH families. 50+ years of combined legal experience. - Published: 2026-02-19 - Modified: 2026-03-10 - URL: https://klgestateplanning.com/about-us/ About Us Estate Planning & Probate Attorneys KLG Estate Planning & Probate Attorneys was founded with the intention of delivering high-quality, comprehensive and lasting estate planning and wealth preservation to Massachusetts and New Hampshire residents. The firm, a division of Kiley Law Group, LLC, a leading personal injury law firm specializing in defending the injured, creates durable estate plans for small to mid-sized estates, with more complex planning available for larger estates. KLG Estate Planning Attorneys, led by Thomas Kiley Sr. (“The Million Dollar Man”) and a team of talented attorneys, has established itself to be professional, reliable and client service oriented. The firm has built and maintained a reputation for the level of service we bring to our clients. If you’re trusting your estate to KLG, you can rest assured that we will do everything in our power to ensure the highest level of protection to your estate. Our focus has always been on providing the highest level of service to our clients, and obtaining superior results. The attorneys with KLG have more than 40 years of combined experience in Massachusetts and New Hampshire law. Contact KLG Estate Planning & Probate Attorneys today to schedule your free consultation with one of our experienced attorneys. If your family’s future security is important to you, remember: Security begins with a plan, and a plan begins with contacting KLG Estate Planning Attorneys. The attorneys with KLG have more than 40 years of combined experience in Massachusetts and New Hampshire law. --- > KLG Estate Planning attorneys protect Massachusetts and New Hampshire families through comprehensive estate plans, trust administration, and wealth preservation. - Published: 2026-02-16 - Modified: 2026-03-10 - URL: https://klgestateplanning.com/ Tab #1 Tab #2 Tab #3 Tab #4 Estate Planning In Massachusetts and New Hampshire An estate can take an entire lifetime to build, and without proper protection, only minutes to destroy. Planning ahead can ensure that your estate is managed just the way you want it, even when you’re not able to do it yourself. Schedule a Free Consultation Trust Administration If you’ve lost a loved one, you likely want time to grieve without having to think about what comes next. In the Trust Administration process, we’ll handle the next steps, making sure that your loved one’s final requests are handled with the care and dignity they deserve. Schedule a Free Consultation Probate After a person’s death, there are legal steps that must be taken to settle their estate with the government and whatever creditors they may owe. The process can be long and stressful, but there are ways to make the process easier. Schedule a Free Consultation https://www. youtube. com/watch? v=B3F7U6SF6hk Estate Planning In Massachusetts and New Hampshire An estate can take an entire lifetime to build, and without proper protection, only minutes to destroy. Planning ahead can ensure that your estate is managed just the way you want it, even when you’re not able to do it yourself. Schedule a Free Consultation Trust Administration If you’ve lost a loved one, you likely want time to grieve without having to think about what comes next. In the Trust Administration process, we’ll handle the next steps, making sure that your loved one’s final requests are handled with the care and dignity they deserve. Schedule a Free Consultation Probate After a person’s death, there are legal steps that must be taken to settle their estate with the government and whatever creditors they may owe. The process can be long and stressful, but there are ways to make the process easier. Schedule a Free Consultation What is Estate Planning? https://www. youtube. com/watch? v=B3F7U6SF6hk Estate PlanningAn estate can take an entire lifetime to build, and without proper protection, only minutes to destroy. Planning ahead can ensure that your estate is managed just the way you want it to, even when you’re not able to do it yourself. Trust AdministrationIf you’ve lost a loved one, you likely want time to grieve without having to think about what comes next. In the Trust Administration process, we’ll handle the next steps, making sure that your loved one’s final requests are handled with the care and dignity they deserve. ProbateAfter a person’s death, there are legal steps that must be taken to settle their estate with the government and whatever creditors they may owe. The process can be long and stressful, but there are ways to make the process easier. Estate Planning Attorneys Our Mission KLG Estate Planning and Probate Attorneys was founded with the primary goal of protecting New England families through comprehensive estate planning, trust administration, and wealth preservation. By creating strong and binding estate plans, we protect the lasting legacies families in Massachusetts... --- --- ## Posts > Compare the probate process in Massachusetts and New Hampshire, including timelines, costs, and strategies to avoid probate. Learn how trusts and estate planning can help. - Published: 2026-01-16 - Modified: 2026-03-10 - URL: https://klgestateplanning.com/probate-in-massachusetts-vs-new-hampshire-timelines-costs-and-how-to-avoid-it/ - Categories: Probate Life does not stand still, and neither should an estate plan. Major life events—marriage, divorce, the birth of a child, the purchase of a home, retirement, or even a significant change in health—can instantly alter your legal and financial landscape. Probate is often one of the most misunderstood aspects of estate planning. Many families do not encounter probate until they are already dealing with the loss of a loved one, at which point delays, court requirements, and unexpected costs can add unnecessary stress. While probate exists to ensure that debts are paid and assets are distributed properly, the process can be time-consuming and expensive, particularly when planning has not been done in advance. For families in Massachusetts and New Hampshire, understanding how probate works in each state is essential. Although the two states share similar legal principles, their procedures, timelines, and practical outcomes are not identical. This article explains how probate functions in both states, how long families can expect the process to take, what expenses are commonly involved, and what legal strategies may be used to reduce or avoid probate altogether. While probate is sometimes unavoidable, many families are able to significantly reduce or entirely avoid the process through proper estate planning. In particular, the use of a revocable living trust is one of the most effective ways to prevent assets from passing through probate in both Massachusetts and New Hampshire. Because probate can be time-consuming, costly, and public, proactive trust planning is often the preferred approach for families who want greater control, privacy, and efficiency. What Probate Is and When It Applies Probate is the court-supervised process used to settle a deceased person’s estate. During probate, the court confirms the validity of a will if one exists, appoints a personal representative or executor, ensures outstanding debts and taxes are paid, and authorizes the distribution of remaining assets to beneficiaries or heirs. Probate is generally required when a person dies owning assets in their individual name without beneficiary designations or trust ownership. This commonly includes real estate titled solely in the decedent’s name, financial accounts without payable on death instructions, and personal property of significant value. When assets are properly titled or designated, they may transfer directly to beneficiaries without court involvement. Although probate serves an important administrative purpose, it often introduces delays and expenses that families prefer to avoid through proactive estate planning. How Probate Works in Massachusetts Massachusetts follows the Uniform Probate Code, which provides multiple probate pathways depending on the size and complexity of the estate. While this system offers flexibility, it still requires formal filings, creditor notice periods, and compliance with court procedures. Smaller estates that meet specific criteria and do not include real estate may qualify for voluntary administration. Most estates, however, proceed through informal probate when there are no disputes or formal probate when court oversight is required due to disagreements, unclear heirs, or legal complications. Even in straightforward cases, probate in Massachusetts typically takes between nine and eighteen months to complete. This timeline accounts for required waiting periods, asset valuation, tax filings, and final court approval. Estates involving real estate sales, complex assets, or family disputes often take longer and may extend beyond two years. Probate in Massachusetts is also a public... --- > Life events can trigger some essential estate planning updates. If you need help with Estate Planning, contact KLG Estate Planning today. - Published: 2025-12-12 - Modified: 2026-02-27 - URL: https://klgestateplanning.com/how-life-events-trigger-essential-estate-planning-updates/ - Categories: Estate Planning Life does not stand still, and neither should an estate plan. Major life events—marriage, divorce, the birth of a child, the purchase of a home, retirement, or even a significant change in health—can instantly alter your legal and financial landscape. Life does not stand still, and neither should an estate plan. Major life events—marriage, divorce, the birth of a child, the purchase of a home, retirement, or even a significant change in health—can instantly alter your legal and financial landscape. When those changes happen, the documents that once reflected your wishes may no longer protect your family or your assets under Massachusetts or New Hampshire law. This guide explains which life events require an updated estate plan, why timing matters, and how to keep each document aligned with your current goals. The purpose is practical: to give Massachusetts and New Hampshire families clear direction and help prevent the disputes, delays, and unintended outcomes that occur when estate plans fall out of date. Why Updating Your Estate Plan After Major Life Events Is Critical An estate plan is not a set-and-forget document. Outdated wills, trusts, beneficiary designations, and powers of attorney are among the most common reasons families face court involvement, unnecessary taxes, or confusion during a crisis. There are three primary risks when a plan does not reflect recent life changes: Assets may transfer to the wrong people. Births, deaths, marriages, and divorces often change who you want to inherit—or who is legally entitled to inherit—under state law. Healthcare and financial decision-makers may no longer be appropriate. If your named agents move away, become incapacitated, or no longer reflect your preferences, your plan loses effectiveness. State laws may override outdated documents. Massachusetts and New Hampshire have specific rules for spousal rights, guardianship, elective shares, and probate procedures. An estate plan drafted years ago may not comply with current legal requirements. Timely updates help ensure that your wishes, not the court’s default rules, control what happens during incapacity or after death. Major Life Events That Require Estate Plan Updates Below are the life changes that most often require immediate estate planning adjustments. Each section includes the action steps families in Massachusetts and New Hampshire should consider. Marriage or Remarriage Marriage automatically creates new legal rights and expectations, particularly for surviving spouses. Under both Massachusetts and New Hampshire law, a spouse may be entitled to a portion of the estate even if not fully included in a will created before the marriage. When you marry, review the following: Will and trust structure to include (or intentionally structure around) the new spouse Beneficiary designations on retirement accounts, pensions, and life insurance The need for a joint trust, marital share trust, or updated tax planning Durable powers of attorney and healthcare proxies to authorize your spouse Plans for children from prior relationships, which often require additional trust protections Failing to update documents can produce unintended inheritance results or legal conflicts between a new spouse and existing children. Divorce or Legal Separation Divorce is one of the most significant triggers for immediate estate plan revisions. While Massachusetts and New Hampshire automatically revoke some ex-spouse appointments, many older documents continue to give the former spouse control or inheritance rights unless replaced. Essential updates after a divorce... --- > Avoid costly estate planning mistakes. Learn how families can protect their legacy and prepare heirs with confidence in MA and NH. - Published: 2025-10-15 - Modified: 2026-02-27 - URL: https://klgestateplanning.com/estate-plan-essential-documents/ - Categories: Estate Planning Regularly checking in on your estate plan is key to making sure your wishes for passing on assets, handling medical decisions, and appointing trusted individuals are current and legally sound. An estate plan review is essentially a thorough look at your core legal documents, such as wills, trusts, powers of attorney, healthcare directives, and beneficiary designations, to confirm they still fit your life and the latest laws. For instance, a family in Massachusetts updated their will and trust after moving to a new state, preventing potential probate snags. This guide will walk you through: The essential documents that make up a complete estate plan review The life, financial, and legal milestones that signal it's time for an update How KLG Estate Planning makes the review process smooth and effective Specific considerations for Massachusetts and New Hampshire Common mistakes to sidestep and advanced strategies for those with significant assets Expert advice on how often you should be reviewing your plan What Core Documents Are Needed for a Comprehensive Estate Plan Review? A full estate plan review involves examining every legal document that dictates how your assets are distributed, who makes decisions on your behalf, and your healthcare preferences, ensuring everything aligns with your goals. By confirming each document is still valid, you can avoid probate headaches and ensure assets go to the right people. For example, making sure your existing revocable trust is properly funded with new property simplifies how those assets are transferred later. Below are the five foundational documents to scrutinize. What Is a Will and Why Is a Review So Important? A will is your formal declaration of how you want your assets distributed and who will care for your minor children. Reviewing your will confirms that the personal representative, guardians, and beneficiaries you've named still reflect your current relationships and financial situation. Key elements include: Personal Representative Appointment – Verifies the person responsible for managing your estate Guardian Designation – Ensures your minor children have a designated caretaker approved by the court Specific Bequests – Details any particular items of property or sums of money you wish to gift Residue Clause – Outlines how any remaining assets in your estate will be distributed Updating your will after getting married, divorced, or experiencing significant changes in your wealth can prevent disputes and unintended inheritances. How Do Different Types of Trusts Shape Your Estate Plan? Trusts are legal arrangements that hold assets for beneficiaries, each designed to serve specific planning objectives. Understanding the differences between trust types helps clarify funding requirements and the benefits they offer in avoiding probate. Trust Type Purpose Key Benefit Revocable Living Trust Holds assets during your lifetime and after your passing Bypasses probate and allows for flexibility Irrevocable Trust Permanently transfers ownership of assets Provides protection from creditors and tax planning advantages Special Needs Trust Supports beneficiaries with disabilities Helps preserve eligibility for government benefits Testamentary Trust Established through a will, taking effect upon death Offers control over the timing of asset distribution Selecting... --- > Avoid costly estate planning mistakes. Learn how high-net-worth families can protect their legacy and prepare heirs with confidence in MA and NH. - Published: 2025-09-15 - Modified: 2026-02-27 - URL: https://klgestateplanning.com/what-legal-tax-deductions-should-you-consider/ - Categories: Estate Planning Estate planning tax deductions are smart legal maneuvers designed to lessen the tax burden on your estate. They work by utilizing exemptions, gift allowances, charitable contributions, trusts, and specific business structures. For individuals in Massachusetts and New Hampshire, especially those with substantial assets, understanding these deductions can mean the difference between passing down millions to your loved ones or seeing a significant portion go to taxes. This guide will walk you through the primary estate taxes you'll encounter, effective gifting techniques to maximize exclusions, sophisticated trust options for asset removal, business entity strategies for valuation discounts, crucial state-specific details for MA and NH, answers to common client queries, and why expert legal counsel is indispensable for safeguarding your legacy. At KLG Estate Planning and Probate Attorneys, we combine comprehensive estate planning services with forward-thinking tax reduction strategies. With more than 50 years of legal experience representing families throughout Massachusetts and New Hampshire, our team, led by Tom Kiley Sr. and Tom Kiley Jr. , understands the importance of protecting the lasting legacies families have built over generations. To avoid common missteps and ensure you capture every available deduction without unintended consequences, it's vital to work with experienced estate planning attorneys who understand both federal and state tax law. Understanding the Core Estate Taxes Affecting Your Financial Blueprint Your estate planning journey should start with a clear grasp of the four main transfer taxes: federal estate tax, Massachusetts estate tax, gift tax, and the generation-skipping transfer tax (GSTT). Knowing the exemption limits and tax rates for each empowers you to strategically deploy deductions and protect your assets from excessive taxation. Tax Category 2025 Exemption Limit Applicable Tax Rate Federal Estate Tax $13. 99 million per individual 40 percent Massachusetts Estate Tax $2 million per individual Graduated (0. 8–16 percent) Gift Tax & Annual Exclusion $13. 99 million lifetime; $19,000 per recipient annually 40 percent above exclusions Generation-Skipping Transfer Tax (GSTT) Integrated with federal exemption 40 percent Each of these taxes targets a different aspect of wealth transfer. With this foundational knowledge, you can implement gifting strategies to optimize exclusions and establish trusts to move assets out of your taxable estate. What is the Federal Estate Tax and Its 2025 Exemption Threshold? Massachusetts levies its own estate tax on estates valued over $2 million, with rates that range from 0. 8 percent to 16 percent. This represents a significant change from the previous $1 million threshold, which was updated in 2023 to provide greater relief for Massachusetts families. This tax is separate from the federal exemption and can often catch individuals off guard. Incorporating state-specific deductions, such as spousal deduction elections or credit shelter trusts, can help reduce your Massachusetts taxable estate and preserve more assets for your beneficiaries. What are the Gift Tax Regulations and Annual Exclusion Amounts? Gift tax rules permit you to transfer up to $19,000 per recipient annually (adjusted for inflation) without impacting your lifetime exemption. Gifts exceeding this amount will count against your $13. 99 million lifetime... --- > Avoid costly estate planning mistakes. Learn how high-net-worth families can protect their legacy and prepare heirs with confidence in MA and NH. - Published: 2025-08-08 - Modified: 2026-02-27 - URL: https://klgestateplanning.com/the-surprising-tax-consequences-of-dying-without-an-estate-plan-explained/ - Categories: Estate Planning It’s a surprising truth: over half of American adults pass away without a valid will or trust. This often leaves families grappling with unexpected federal and state estate taxes, costly probate proceedings, and asset distribution that doesn't align with their loved one's true wishes. Understanding the potential tax implications of not having an estate plan isn't just about numbers; it's about safeguarding your legacy, minimizing financial burdens on your family, and ensuring your loved ones receive exactly what you intend. When There's No Plan: Understanding Intestacy and How Your Assets Are Distributed Dying without an estate plan means your wishes are bypassed. Instead, your assets are distributed according to "intestacy" – a legal framework dictated by state law. This loss of control over your legacy can lead to higher tax liabilities and force your heirs through a complex, often public, probate process. Imagine a scenario where your surviving spouse in Massachusetts receives only a set percentage of your estate, while children or distant relatives inherit shares you never intended, all under rigid state statutes. What Is Intestacy and How Does It Affect Your Estate? Intestacy occurs when someone passes away without a valid will or trust in place. When this happens, state statutes step in to determine who inherits your assets and how they are allocated. This legal mechanism completely bypasses any personal directives you might have had for guardianship of minor children, charitable gifts, or specific bequests to loved ones. Crucially, it can also inadvertently increase the gross value of your estate subject to taxes, as no prior planning for lifetime gifts or exemptions has been applied. By default, intestacy directs assets to your closest relatives. However, this statutory scheme often overlooks the unique needs of blended families or your philanthropic intentions, potentially leading to unintended heirs receiving substantial portions of your estate. Understanding these rules is the first step toward effective tax and probate planning. How Are Assets Distributed Under Massachusetts and New Hampshire Intestacy Laws? While both Massachusetts and New Hampshire intestacy statutes prescribe fixed shares to spouses and descendants, subtle differences in thresholds and the order of inheritance can dramatically alter your family's tax exposure. State Surviving Spouse Share Children Share Collaterals & Distant Relatives Massachusetts Entire estate if no descendants All if no spouse; otherwise split Next of kin if no spouse/children New Hampshire Entire estate if no descendants All if no spouse; otherwise split Next of kin if no spouse/children Assets distributed by law often bypass crucial provisions for tax-efficient trusts or marital deductions, directly increasing the taxable estate subject to both federal and state estate taxes. This rigid distribution schedule also forces estates into probate, where court costs further diminish the net inheritance your loved ones receive. Who Manages Your Estate Without a Will? The Roles of Administrators When you die without a will, the courts appoint an administrator—often referred to as a personal representative—to oversee the settlement of your estate. This individual, chosen by the court rather than by you, is responsible... --- > Avoid costly estate planning mistakes. Learn how high-net-worth families can protect their legacy and prepare heirs with confidence in MA and NH. - Published: 2025-07-15 - Modified: 2026-02-27 - URL: https://klgestateplanning.com/critical-estate-planning-oversights/ - Categories: Estate Planning Estate planning for high-net-worth individuals is not just about distributing assets; it's about protecting a legacy. With complex portfolios, business interests, and multi-generational wealth to consider, even a small oversight can lead to significant legal and financial consequences. At KLG Estate Planning, we help affluent clients in Massachusetts and New Hampshire navigate these complexities with clarity and confidence. Below are the seven most common estate planning mistakes wealthy families make, and the practical steps to avoid them. 1. Failing to Update the Estate Plan After Major Life Events Life changes—marriages, divorces, births, deaths, and significant acquisitions should always prompt a review of your estate plan. For high-net-worth individuals, failing to adjust estate documents after such events can result in unintended beneficiaries, overlooked assets, and family disputes. Avoid it: Schedule a comprehensive review of your estate plan every two to three years, or after any major life event. Updating your plan ensures alignment with your current wishes and financial landscape. 2. Ignoring State and Federal Estate Tax Thresholds When estate plans become outdated, they often fail to account for changing tax landscapes as well. Massachusetts and New Hampshire present very different estate tax challenges. Massachusetts imposes estate taxes on estates exceeding $2 million, while New Hampshire does not, but federal estate tax rules also come into play for larger estates. The current federal exemption is historically high, but set to revert in 2026, potentially subjecting more estates to taxation. Avoid it: Use tax-efficient tools such as irrevocable trusts, charitable giving strategies, and lifetime gifting to reduce taxable estate value. A proactive approach is essential to avoid a hefty tax bill. 3. Overlooking Liquidity Needs for Estate Taxes and Expenses Tax planning becomes even more critical when you consider that many high-net-worth estates are asset-rich but cash-poor. Illiquid holdings—like real estate, private business interests, or art collections—can create problems when it's time to pay estate taxes or administrative costs. Without liquidity, heirs may be forced to sell assets under pressure, often at unfavorable terms. Avoid it: Consider liquidity planning tools such as life insurance held in an irrevocable trust or creating a reserve fund specifically for estate-related expenses. 4. Naming the Wrong Fiduciaries or Executors Choosing someone to carry out your estate plan is a serious decision that many approach too casually. While it's natural to consider close family members, many individuals name relatives who may lack the experience, objectivity, or legal knowledge required. This can lead to mismanagement, delays, and even litigation that tears families apart. Avoid it: Select fiduciaries based on competence, not convenience. In many cases, appointing a professional trustee or executor ensures impartial and knowledgeable administration and preserves family relationships. 5. Relying Too Heavily on a Will Instead of Trusts Wills are valuable, but for high-net-worth individuals, they're rarely sufficient on their own. Wills must go through probate, a public, time-consuming process that exposes the estate to court involvement and potential challenges. This becomes particularly problematic when executor decisions are questioned or when privacy is a priority. Avoid... --- > Learn how life insurance and annuities support estate planning in MA & NH. KLG Estate Planning offers 50+ years of experience protecting families. - Published: 2025-05-19 - Modified: 2026-02-27 - URL: https://klgestateplanning.com/life-insurance-and-annuities-in-estate-plan/ - Categories: Estate Planning Estate Planning with Life Insurance and Annuities: A Massachusetts & New Hampshire Perspective Estate planning goes far beyond simply drafting a will. At KLG Estate Planning, our estate planning attorneys bring over 50 years of combined legal experience to help families in Massachusetts and New Hampshire protect their legacies, provide for loved ones, and ensure their wishes are honored. We understand that navigating the financial aspects of estate planning can be overwhelming, particularly when considering how tools like life insurance and annuities fit into your comprehensive plan. Understanding Comprehensive Estate Planning Across State Lines Estate planning is essential for everyone, not just the wealthy. Our half-century of experience serving residents in both Massachusetts and New Hampshire has shown us that thoughtful estate planning provides peace of mind and security for families of all financial backgrounds. A comprehensive estate plan in either state typically includes: Customized wills and trusts tailored to each state's specific laws Power of attorney designations that comply with respective state requirements Healthcare directives and HIPAA authorizations Tax planning strategies considering Massachusetts's $1 million estate tax threshold and New Hampshire's lack of state estate tax Strategic integration of financial products like life insurance and annuities Business succession arrangements for business owners in both states Guardianship designations for minor children Life Insurance: A Complement to Estate Planning, Not a Replacement One common misconception we encounter at KLG Estate Planning is that having life insurance eliminates the need for proper estate planning. This is dangerously incorrect. Life insurance complements estate planning, but cannot replace it. While life insurance provides financial protection, it cannot address many critical aspects of estate planning that our attorneys have helped Massachusetts and New Hampshire families navigate for over 50 years. How Life Insurance Enhances Your Estate Plan: Provides immediate liquidity for funeral expenses and urgent needs Helps cover estate taxes without forcing the sale of family assets Creates inheritance equality when some assets are difficult to divide Supports charitable giving while potentially providing tax benefits However, even substantial life insurance policies have significant limitations when not incorporated into a comprehensive estate plan. Critical Limitations of Relying Solely on Life Insurance: No legal provisions for guardianship of minor children No protection during incapacity while still living No direction for the distribution of personal belongings and sentimental items No tax optimization strategies specific to Massachusetts' estate tax laws or taking advantage of New Hampshire's tax benefits No instructions for healthcare decisions if you become incapacitated Annuities: Creating Income Security Within Your Estate Plan At KLG Estate Planning, we also help clients understand how annuities can strengthen their estate plans by creating predictable income streams and potential benefits for heirs. Strategic Benefits of Annuities in Massachusetts & New Hampshire Estate Planning: Guaranteed lifetime income that preserves other assets for inheritance Probate avoidance when properly structured with designated beneficiaries Legacy options with certain annuity contracts that include death benefits Potential creditor protection under both Massachusetts and New Hampshire laws The KLG Estate Planning Approach: Integrated Estate Planning Our half-century... --- > Life changes—so should your estate plan. Learn the 5 D’s that signal it’s time for a review, from death to a new decade. KLG can help. - Published: 2025-04-17 - Modified: 2026-02-27 - URL: https://klgestateplanning.com/5-ds-of-estate-planning/ - Categories: Estate Planning Life has a way of surprising us — sometimes in beautiful ways, and other times in ways we don’t expect. That’s why a good estate plan isn’t something you set once and forget about. It should grow and change right alongside your life. At KLG Estate Planning, we talk a lot about the “5 D’s” — five major life events that should always prompt a second look at your estate plan. If it’s been a while since you last reviewed yours, or if you’ve experienced any of these moments recently, it might be time for a check-in. Here’s what to watch for: 1. Death – Losing Someone Close to You Losing a loved one is never easy, and updating your estate plan might be the last thing on your mind. But when someone who played a key role in your plan — a Personal Representative, a trustee, a healthcare agent, or even a beneficiary — passes away, it's important to update your documents to reflect that. We’ve seen situations where someone passed years ago, but their name still appeared in a legal document. In a moment of crisis, that oversight can cause a lot of unnecessary stress for a family already grieving. On top of that, if you’ve inherited assets, that could shift how your estate is structured, particularly if you live in Massachusetts, where estate tax thresholds are something to keep an eye on. These are the details we help you sort through with care. 2. Divorce – A Change in Marital Status Whether it’s a divorce, separation, or new marriage, any change in your relationship status should spark an update to your plan. It’s more common than you’d think: someone gets divorced, but forgets to remove their ex from legal roles, or worse, as a beneficiary. That might not be your intention, but without an update, the courts may have to make that call. And if you’ve remarried or if your family has blended, you may want to rethink how your assets are distributed. We work with many families in towns like Methuen, North Andover, and Portsmouth who want to make sure children from previous relationships are protected and that new spouses are supported, too. The right legal language can go a long way in keeping things fair and clear for everyone. 3. Diagnosis – When Health Becomes a Concern A serious medical diagnosis — whether it’s for you or a loved one — can change your perspective overnight. Suddenly, documents that felt abstract become very real. This is where tools like Powers of Attorney, Healthcare Proxies, and HIPAA releases matter most. These documents let you name someone you trust to step in if you can’t speak or act for yourself. We’ve helped families in Lowell, Rye, and beyond prepare for these moments. No one wants to imagine losing their independence, but having a plan in place doesn’t take away your control. In fact, it gives you more of it. 4. Decline – When Daily Life Starts Getting... --- > Trustee vs. Personal Representative: Understand their key differences & roles in estate planning to protect your legacy. Learn more with KLG Estate Planning. - Published: 2025-03-12 - Modified: 2026-02-27 - URL: https://klgestateplanning.com/trustee-personal-representative/ - Categories: Estate Planning Estate Planning for Blended Families: Ensuring Fairness and Clarity When planning your estate, it’s essential to understand the key roles involved in executing your wishes. Two of the most important roles are the trustee and the personal representative. While both are responsible for managing assets and ensuring that your estate is handled properly, their responsibilities and authority differ significantly. Understanding these differences can help you make informed decisions when setting up your will or trust. What is a Trustee? A trustee is the person or institution appointed to manage a trust. Unlike a will, which takes effect after you pass away, a trust can be active during your lifetime and beyond. The trustee is responsible for: Managing and distributing assets according to the trust’s terms Overseeing financial investments and property within the trust Acting in the best interest of the beneficiaries Handling any legal or tax-related matters associated with the trust Trustees often have long-term responsibilities, as some trusts continue to operate for years, providing financial stability to beneficiaries. What is a Personal Representative? A personal representative is an individual or entity named in a will to carry out the deceased’s final wishes. Their duties include: Collecting and valuing assets Paying outstanding debts and taxes Distributing assets to beneficiaries according to the will Handling probate proceedings, if necessary Unlike a trustee, a personal representative’s role typically ends once the estate has been fully settled. Key Differences Between a Trustee and a Personal Representative When They Act: A trustee can act during and after the life of the trust creator, whereas a personal representative’s responsibilities begin only after death. Main Responsibility: The trustee manages trust assets, ensuring they are distributed according to the trust’s terms, while the personal representative settles the estate and distributes assets as outlined in the will. Duration of Role: A trustee’s role is ongoing, often lasting years, while a personal representative’s duties typically conclude once the estate has been settled. Legal Authority: Trustees have authority over the trust and its assets, while personal representatives have authority over the estate as outlined in the will. Court Involvement: Trustees generally operate with minimal court involvement, as trusts often avoid probate. Personal Representatives, however, need to frequently go through the probate process to distribute assets. Which Role Do You Need? Many people require both a trustee and a personal representative to ensure their estate is handled properly. If you have a trust, you will need a trustee to oversee it. If you have a will, you will need a personal representative to administer your estate after you pass away. Choosing the right person for these roles is crucial. Trustees and personal representatives should be responsible, trustworthy, and capable of handling financial and legal matters. Many people opt for estate planning attorneys or professional fiduciaries to take on these roles to ensure everything is executed correctly. Local Estate Planning Services in Massachusetts & New Hampshire If you are in Andover, Massachusetts, or Rye or Manchester, New Hampshire, KLG Estate Planning can... --- > Ensure fairness and clarity in estate planning for blended families. Learn how to protect your legacy and create a plan that honors your wishes. - Published: 2025-02-13 - Modified: 2026-02-27 - URL: https://klgestateplanning.com/estate-planning-for-blended-families/ - Categories: Estate Planning Estate Planning for Blended Families: Ensuring Fairness and Clarity Blended families often face unique challenges when it comes to estate planning. With stepchildren, ex-spouses, and varying family dynamics, it can be tricky to ensure that everyone is treated fairly while protecting your legacy. A solid estate plan is essential to avoid conflicts and ensure that your wishes are honored. Here’s how blended families can navigate these complexities while creating a clear, balanced estate plan. Understand the Unique Challenges of Blended Families In a blended family, there are often competing interests that can lead to misunderstandings or disputes if left unaddressed. Common issues include: Unequal Inheritances: You may want to leave assets to your biological children while also providing for your current spouse. Conflicting Loyalties: Children from previous relationships may feel slighted if they perceive unequal treatment. Inheritance Disputes: Without clear instructions, family members may disagree over who receives what, especially if remarriages or step-relations complicate matters. Addressing these challenges upfront with a detailed estate plan can help ensure fairness and avoid future conflicts. Key Estate Planning Tools for Blended Families 1. Wills A will is the foundation of any estate plan and outlines your wishes regarding the distribution of your assets. For blended families, it’s important to clearly define: Who will inherit what (biological children, stepchildren, current spouse). Any specific bequests or items of sentimental value. 2. Trusts Trusts are invaluable for blended families because they offer flexibility and protection. Common options include: Revocable Living Trusts: Allow you to manage your assets during your lifetime and designate beneficiaries after your death. Qualified Terminable Interest Property (QTIP) Trusts: Provide income to your surviving spouse during their lifetime while preserving the remaining assets for your children. 3. Beneficiary Designations Ensure that your life insurance policies, retirement accounts, and other financial instruments have up-to-date beneficiary designations. This ensures those assets pass directly to the intended recipient, avoiding probate. 4. Powers of Attorney and Healthcare Directives Name someone you trust (spouse, adult child, or another family member) to handle financial or medical decisions if you become incapacitated. Open Communication Is Key One of the most effective ways to avoid family conflicts is through open communication. Discuss your estate planning goals with your spouse and children to ensure they understand your intentions. This transparency can help: Set realistic expectations. Clarify any decisions that might be misinterpreted. Prevent surprises that could lead to disputes. Why You Need Professional Guidance Estate planning for blended families requires careful consideration and expert advice. Laws in Massachusetts and New Hampshire, where KLG Estate Planning and Probate Attorneys serve, may affect how your assets are distributed. For example: Massachusetts imposes an estate tax on estates valued over $1 million. New Hampshire does not have an estate tax but may have unique inheritance laws that could impact your plan. With over 50 years of experience, our team at KLG Estate Planning and Probate Attorneys specializes in helping blended families navigate these complexities with personalized estate plans. Blended families require extra care when... --- > Discover why estate planning is crucial, even without kids. Protect your assets, designate trusted decision-makers, and secure your legacy with expert guidance. - Published: 2025-01-13 - Modified: 2026-03-09 - URL: https://klgestateplanning.com/estate-planning-without-kids/ - Categories: Estate Planning Do You Need an Estate Planning Attorney If You Don’t Have Kids? Yes, Here’s Why. For individuals or couples without children, estate planning might seem less urgent or even unnecessary. However, that couldn’t be further from the truth. Whether you’re single, married, or partnered, having a comprehensive estate plan is essential to ensure that your wishes are honored, your assets are distributed according to your preferences, and your legacy is preserved. Partnering with a skilled estate planning attorney near you – like the team at KLG Estate Planning in Massachusetts and New Hampshire – can help you create a plan tailored to your unique needs, even if children aren’t part of the picture. The Importance of Estate Planning Without Children Without children, there are several key questions and challenges to address through proper estate planning. These include: 1. Who Will Make Decisions for You? If you become incapacitated, who will make medical or financial decisions on your behalf? Solution: Establish a durable power of attorney and healthcare proxy. These documents ensure trusted individuals can act in your best interests when you cannot. Why an Attorney Helps: Your attorney can guide you through selecting the right individuals and drafting clear, legally sound directives. 2. Who Will Inherit Your Assets? Without an estate plan, Massachusetts intestacy laws determine how your assets are distributed. This often means they go to distant relatives, which may not align with your wishes. Solution: A will or trust allows you to designate specific beneficiaries, whether they’re loved ones, friends, or charities. Why an Attorney Helps: An attorney ensures your documents are properly executed and legally binding, avoiding disputes among potential heirs. 3. How Can You Support Causes You Care About? Many individuals without children are passionate about leaving a philanthropic legacy. Solution: Establish charitable trusts or planned giving strategies to benefit causes you care deeply about. Why an Attorney Helps: Your attorney can structure these plans to maximize their impact while providing tax advantages. 4. Who Will Care for Your Pets? For pet owners, ensuring their furry companions are cared for after their passing is often a top priority. Solution: Create a pet trust to allocate funds and designate a caregiver. Why an Attorney Helps: A knowledgeable attorney helps draft enforceable provisions to protect your pets. Unique Estate Planning Challenges for Individuals Without Kids 1. Reducing the Burden on Loved Ones Without children, other family members or friends may step in to handle your estate. Proper planning minimizes the administrative burden and avoids unnecessary stress during an already emotional time. 2. Planning for Long-Term Care Estate planning attorneys can assist in strategizing for potential long-term care needs, ensuring your assets are protected while maintaining eligibility for benefits like Medicaid if necessary. 3. Avoiding Probate Probate can be costly and time-consuming. A revocable living trust allows you to bypass probate, ensuring your assets are distributed efficiently and privately. Why Work with an Estate Planning Attorney Near You? Estate planning isn’t a one-size-fits-all process, and working with a local... --- > Discover essential estate planning tips tailored to your 30s, 40s, and 50s. Secure your future and protect your loved ones at every life stage. - Published: 2024-12-12 - Modified: 2026-02-27 - URL: https://klgestateplanning.com/estate-planning-as-you-age/ - Categories: Estate Planning Estate planning is a dynamic journey that evolves over the course of your life. In your Early career when you're first establishing protections like wills and guardianship designations, through midlife with more complex strategies involving trusts, to your later years focused on preserving wealth and crafting your legacy. Estate planning requires thoughtful, ongoing attention. You'll need different strategies in your 30s, 40s, and beyond. Professional guidance helps you navigate the intricate legal landscape. This ensures your plan remains flexible and aligned with your goals and family needs. At its core, estate planning isn't just about distributing assets; it's about creating a strategic blueprint that protects your loved ones and reflects your values. By treating this process as a living document rather than a one-time task, you can proactively address potential challenges. The goal is simple: create a clear path that takes care of your loved ones, no matter what the future holds. That’s where KLG Estate Planning comes in. Estate Planning in Your 30s: Laying the Foundation Your 30s are often a time of significant life milestones—marriage, starting a family, or purchasing your first home. At this stage, estate planning ensures your loved ones are protected if the unexpected happens. ● Create a Will: Establish a basic will to designate guardians for minor children and outline how your assets will be distributed. ● Name Beneficiaries: Review and update beneficiaries on retirement accounts, insurance policies, and other financial accounts. ● Set Up a Durable Power of Attorney and Healthcare Proxy: These documents ensure someone you trust can make financial and medical decisions if you are incapacitated. ● Start a Trust: If you have children, a trust can secure their financial future and help avoid probate. Estate Planning in Your 40s: Adjusting for Growing Responsibilities In your 40s, life responsibilities often expand—whether it's managing larger assets or preparing for a child’s education. Your estate plan should reflect these changes. ● Update Your Will: Revise your will to account for new assets or family members. ● Plan for College Costs: Consider setting up a trust to fund your children’s education. ● Review Your Life Insurance Coverage: Ensure your policy is sufficient to cover your family’s needs if you’re no longer there. ● Consider Long-Term Care Planning: It’s not too early to explore options for long-term care insurance to protect your assets in later years. Estate Planning in Your 50s: Preparing for Retirement and Legacy In your 50s, retirement and legacy planning take center stage. It’s time to ensure your estate plan reflects your wealth accumulation and future goals. ● Revisit Your Estate Plan: Review all documents for accuracy and relevance. Update your plan to reflect any changes in tax laws or personal circumstances. ● Plan for Asset Protection: Explore options like irrevocable trusts to shield your assets from potential liabilities. ● Optimize for Taxes: Work with an estate planning attorney to minimize estate taxes and maximize what you leave for loved ones. ● Discuss Your Plans with Family: Communicate openly with family members... --- > Structuring Trusts With Accountability Ensures Your Assets and Legacy Are Protected. Contact KLG Estate Planning Today to Get Started. - Published: 2024-11-20 - Modified: 2026-03-09 - URL: https://klgestateplanning.com/structuring-trusts/ - Categories: Trust Administration Accountability is crucial in estate planning, especially when managing complex or high-value assets. Trusts provide an effective way to ensure assets are protected and managed responsibly. Here’s how structuring trusts and adding legal protections can safeguard your legacy and keep asset management aligned with your intentions: Choosing the Right Type of Trust Selecting the appropriate type of trust is essential for setting up accountability. Two primary types of trusts offer distinct advantages: Revocable Trusts allow flexibility. They give you control during your lifetime, so you can make changes if needed. However, they don’t provide as much asset protection after your death. Irrevocable Trusts are fixed once created. This structure offers tax advantages and strong asset protection. They can help ensure assets are distributed according to your wishes without heirs modifying the terms. For specific needs, specialized trusts like spendthrift trusts can be effective. Spendthrift trusts restrict beneficiaries from accessing or misusing assets, providing extra security. Appointing a Responsible Trustee A trust is only as strong as the person managing it. Choosing the right trustee is key to accountability. Ideally, this person is financially knowledgeable, trustworthy, and able to handle complex decisions. For larger or more complicated estates, consider a professional or corporate trustee. These professionals bring expertise and neutrality, reducing family conflicts. You may also name co-trustees or a successor trustee. This adds oversight and ensures continuity if one trustee can no longer serve. Setting Clear Guidelines and Restrictions Setting clear, detailed guidelines within the trust document is essential for maintaining control over how your assets are used. These instructions should be precise and aligned with your values and goals, reducing the chance of misinterpretation or misuse. Define Conditions for Distribution: Specify how and when beneficiaries can access trust assets. Common conditions include age-based or milestone-based distributions. For instance, a beneficiary may receive a portion of their inheritance at age 25, another portion at 30, and the remainder at 35. This staged approach helps prevent impulsive spending and allows beneficiaries time to mature. Set Purpose-Specific Use Cases: Clearly outline acceptable uses for trust assets. For example, funds might be allowed only for specific needs, like education, healthcare, or starting a business. This approach ensures that trust resources support meaningful goals rather than everyday expenses. Specify Investment Strategies: Outline the investment philosophy or risk tolerance you expect for the trust’s assets. This guidance helps trustees understand whether they should focus on conservative growth, income generation, or a balanced strategy. You may also want to specify diversification requirements to protect assets against market volatility. Include Emergency or Hardship Clauses: Consider adding a clause that allows beneficiaries to access funds under specific circumstances, like medical emergencies or severe financial hardship. By defining these scenarios in advance, you can provide flexibility without undermining the trust’s primary objectives. Review and Update Guidelines Regularly: Family needs and financial goals can change over time, so consider reviewing your guidelines periodically with your attorney. Amendments can help keep the trust aligned with evolving family dynamics or changing economic... --- - Published: 2024-10-24 - Modified: 2026-02-27 - URL: https://klgestateplanning.com/preparing-for-long-term-care-planning-for-your-golden-years/ - Categories: Estate Planning As we age, long-term care becomes an essential consideration for maintaining quality of life and protecting assets. Proper planning ensures you’re prepared for medical expenses, caregiving, and preserving wealth for future generations. Here’s what you need to know: Why Long-Term Care Planning is Crucial Long-term care includes assistance with daily activities, healthcare, and housing for individuals with chronic illnesses or disabilities. The cost of care, whether through nursing homes or in-home assistance, can quickly deplete savings, making it vital to plan ahead. Without proper planning, you may be forced to use your life savings to cover these expenses, leaving less for your heirs. Incorporating Long-Term Care into Your Estate Plan An estate plan should address long-term care by considering potential healthcare needs and financial protection. Strategies like Medicaid planning, long-term care insurance, and asset protection trusts can help manage expenses while preserving your estate. Long-Term Care Insurance: Purchasing a long-term care policy early can help cover the costs of nursing homes, assisted living, or in-home care. The premiums are lower when purchased younger, and coverage can protect your estate from being depleted by care costs. Medicaid Planning: Medicaid provides essential healthcare services for those with limited financial resources, but qualifying can be challenging if you have significant assets. Estate planning professionals can help implement strategies, such as transferring assets to an irrevocable trust, to ensure eligibility while protecting wealth for your beneficiaries. Irrevocable Trusts: These trusts can be used to shield assets from being counted when determining Medicaid eligibility. By transferring your home or other assets into an irrevocable trust, you maintain some control over your assets while ensuring they aren’t spent on long-term care costs. Important Documents for Long-Term Care Beyond financial strategies, it’s important to have the right legal documents in place to protect your wishes: Durable Power of Attorney: Appoint someone to make financial decisions if you become incapacitated. Healthcare Proxy: Assign someone to make medical decisions on your behalf. Living Will: Outline your preferences for medical treatments in case you cannot communicate them. Start Planning Early The earlier you begin planning for long-term care, the more options you’ll have to protect your assets and ensure you receive the care you need. A comprehensive estate plan, developed with the guidance of an experienced attorney, can give you peace of mind as you approach your golden years. KLG Estate Planning, serving Massachusetts and New Hampshire, can guide you through the complexities of long-term care planning, ensuring your future is secure. Contact us today to begin preparing for the years ahead. --- > At KLG Estate Planning, serving Massachusetts and New Hampshire, we understand that choosing between a trust and a will can be challenging. - Published: 2024-09-06 - Modified: 2026-02-27 - URL: https://klgestateplanning.com/trusts-vs-wills-which-is-right-for-you/ - Categories: Estate Planning, Trust Administration Estate planning is a crucial step in securing your legacy and ensuring your loved ones are taken care of after you're gone. At KLG Estate Planning, serving Massachusetts and New Hampshire, we understand that choosing between a trust and a will can be challenging. Both options offer distinct advantages and can be tailored to meet your specific needs. Here's a comprehensive guide to help you determine which is right for you. Understanding Wills A will is a legal document that outlines your wishes regarding the distribution of your assets and the care of any minor children after your death. It allows you to: Appoint an Executor: Choose a trusted individual to manage your estate and ensure your wishes are carried out. Designate Beneficiaries: Specify who will receive your assets, from family members to charitable organizations. Name Guardians for Minor Children: Ensure that your children are cared for by the people you trust. Advantages of a Will: Simplicity: Wills are generally straightforward to create and can be updated as your circumstances change. Cost-Effective: They are typically less expensive to draft compared to trusts. Legal Clarity: Provides clear instructions, which can reduce potential disputes among heirs. Considerations: Probate Process: Wills must go through probate, a court-supervised process that can be time-consuming and public. Limited Control: Wills only become effective upon death and do not offer management of your assets if you become incapacitated. Understanding Trusts A trust is a legal arrangement where one party, the trustee, holds and manages assets on behalf of another party, the beneficiary. Trusts can be created during your lifetime (living trusts) or upon your death (testamentary trusts). Advantages of Trusts: Avoid Probate: Assets in a trust bypass the probate process, ensuring a quicker and more private distribution to beneficiaries. Continuous Management: Trusts can provide ongoing management of your assets if you become incapacitated. Flexibility: Trusts offer a high degree of customization, allowing you to set specific terms for how and when your assets are distributed. Tax Benefits: Certain types of trusts can offer tax advantages, helping to preserve more of your estate for your beneficiaries. Considerations: Complexity and Cost: Trusts can be more complex and expensive to establish and maintain than wills. Ongoing Management: Trusts require active management, which can involve additional administrative work. Which is Right for You? Choosing between a trust and a will depends on your individual circumstances and estate planning goals. Here are some key questions to consider: Do you want to avoid probate? If you prefer to keep the distribution of your assets private and avoid the probate process, a trust may be the better option. Do you need ongoing management of your assets? If you want to ensure your assets are managed in case of incapacitation, a trust provides this flexibility. Are you looking for a simpler, more cost-effective solution? If your estate is straightforward and you are comfortable with the probate process, a will might suffice. Tailored Estate Planning with KLG At KLG Estate Planning, we are dedicated to providing... --- > At KLG Estate Planning, we understand the challenges business owners in Massachusetts and New Hampshire face, and bring our extensive experience to help you navigate this process. - Published: 2024-08-07 - Modified: 2026-02-27 - URL: https://klgestateplanning.com/estate-planning-for-business-owners/ - Categories: Estate Planning Estate planning is a crucial consideration for anyone, but for business owners, it becomes even more essential. Effective estate planning ensures that your business and personal assets are protected and smoothly transferred according to your wishes. At KLG Estate Planning, we understand the unique challenges business owners in Massachusetts and New Hampshire face, and bring our extensive experience to help you navigate this complex process. Why Estate Planning is Essential for Business Owners Business owners often have intricate financial and legal structures that require meticulous planning. Without a proper estate plan, your business could face significant challenges upon your incapacitation or death. These challenges might include disputes among heirs, unnecessary taxation, and potential business interruptions. By crafting a comprehensive estate plan, you can secure your business's future, minimize tax liabilities, and ensure your loved ones are taken care of. Key Components of an Estate Plan for Business Owners Wills and Trusts A will is a fundamental document that outlines how your assets should be distributed. However, for business owners, establishing a trust can provide more control and privacy. Trusts can help avoid probate, reduce estate taxes, and ensure a smooth transition of business ownership. We work with you to determine the best approach tailored to your unique circumstances. Succession Planning Succession planning is vital to ensure your business continues to thrive after you step down. This involves choosing and preparing a successor, outlining the transition process, and addressing any potential legal or financial issues. Our experienced team can help you create a robust succession plan that protects your business’s legacy. Buy-Sell Agreements A buy-sell agreement is a legally binding document that outlines how a partner's share of the business may be reassigned if that partner dies or otherwise leaves the business. This agreement ensures that the business remains in the hands of the remaining owners or designated individuals, preventing unwanted parties from gaining control. Tax Planning Effective estate planning can significantly reduce the tax burden on your estate. This includes strategies to minimize estate and gift taxes, ensuring that more of your hard-earned wealth is preserved for your heirs and business successors. KLG Estate Planning’s team has extensive experience in developing tax-efficient strategies that align with your goals. Incapacity Planning Incapacity planning involves preparing for the possibility that you may become unable to manage your business or personal affairs due to illness or injury. Powers of attorney and healthcare directives are essential documents that ensure your wishes are followed and your business operations continue smoothly without disruption. How KLG Estate Planning Can Help With more than 40 years of experience in estate planning for business owners in Massachusetts and New Hampshire, the attorneys at KLG Estate Planning offer personalized and comprehensive services to meet your needs. Our team is dedicated to protecting your business and personal assets, ensuring a seamless transition, and providing peace of mind for you and your family. Whether you need to establish a trust, develop a succession plan, or navigate complex tax issues, our experts are... --- > There are many benefits of estate planning for young families in New Hampshire and Massachusetts. Contact our attorneys at KLG Estate Planning today. - Published: 2024-06-19 - Modified: 2026-02-27 - URL: https://klgestateplanning.com/estate-planning-for-young-families-nh-and-ma/ - Categories: Estate Planning When people think of estate planning, many of them imagine it as something only necessary for the elderly or the extremely wealthy. However, estate planning is crucial for young families as well. In New Hampshire and Massachusetts, having a well-structured estate plan can offer peace of mind and security for your loved ones. KLG Estate Planning, experts in estate planning within these states, provide comprehensive services to ensure your family's future is well-protected. Understanding Estate Planning Estate planning involves the preparation of tasks that serve to manage an individual's asset base in the event of incapacitation or death. It includes the bequest of assets to heirs and the settlement of estate taxes. For young families, estate planning is an essential step to ensure that their loved ones are taken care of, regardless of what the future holds. Key Benefits of Estate Planning for Young Families Guardianship for Minor Children: One of the most critical aspects of estate planning for young families is appointing a guardian for minor children. If something were to happen to both parents, having a designated guardian ensures that the children will be cared for by someone the parents trust. Without this, the decision could be left to the courts, causing additional stress and potential conflict. Financial Security: Estate planning can ensure that your children and spouse are financially secure. Through the creation of trusts, life insurance policies, and other financial tools, you can provide for your family's needs even after you're gone. This includes funding for education, daily living expenses, and other long-term financial requirements. Avoiding Probate: Probate can be a lengthy and expensive process. With a proper estate plan, you can ensure that your assets are transferred to your heirs with minimal delay and cost. This is especially important for young families who may rely on those assets to maintain their standard of living. Healthcare Decisions: An often-overlooked aspect of estate planning is the ability to make healthcare decisions. By setting up advanced healthcare directives and power of attorney documents, you can ensure that your medical preferences are respected, and someone you trust can make decisions on your behalf if you're unable to do so. Minimizing Estate Taxes: Proper estate planning can help minimize the estate taxes that your heirs will have to pay. By employing various strategies and taking advantage of state-specific laws in New Hampshire and Massachusetts, you can reduce the tax burden on your family. Business Succession Planning: For young families who own businesses, estate planning is crucial for ensuring the continuity of the business. Succession planning ensures that your business can continue to operate smoothly in your absence, providing financial stability for your family. Why KLG Estate Planning? KLG Estate Planning is well-versed in the intricacies of estate planning laws in both New Hampshire and Massachusetts. Their team of experts understands the unique needs of young families and is committed to providing personalized and comprehensive estate planning services. Whether you need help with drafting a will, setting up a trust, or... --- > The Tax Cuts and Jobs Act (TCJA) of 2017 significantly increased estate tax exemption, allowing individuals to shield a much larger portion of their assets from federal estate tax. - Published: 2024-05-31 - Modified: 2026-02-27 - URL: https://klgestateplanning.com/increased-estate-tax-exemption/ - Categories: Estate Planning The current estate tax landscape offers a unique opportunity for high-net-worth individuals and families. The Tax Cuts and Jobs Act (TCJA) of 2017 significantly increased the estate tax exemption, allowing individuals to shield a much larger portion of their assets from federal estate tax. However, this generous exemption is temporary and scheduled to "sunset" at the end of 2025. What is the Estate Tax Exemption? The estate tax exemption is the amount of money you can transfer to heirs without incurring federal estate tax. In 2024, this exemption sits at a historically high $13. 61 million per person. For married couples, that jumps to a combined $27. 22 million. This means a married couple could potentially pass on nearly $27 million without any federal estate tax burden. The Looming Sunset and Its Impact The current exemption is set to revert to pre-TCJA levels, adjusted for inflation, at the beginning of 2026. This could mean a significant drop, potentially down to around $6. 8 million per person. Estates exceeding this new, lower threshold would be subject to a federal estate tax rate as high as 40%. What This Means for You For individuals and families with estates exceeding the projected 2026 exemption, this temporary increase presents a valuable opportunity for proactive estate planning. Here are some key things to consider: Gift Tax Strategies: Utilizing the annual gift tax exclusion ($17,000 per recipient in 2024) allows for gradual transfers of assets outside your taxable estate. Grantor Retained Annuity Trusts (GRATs): This strategy allows you to transfer assets to a trust while retaining income for a set period. The remaining value in the trust then passes to your heirs, potentially reducing your taxable estate. Life Insurance Planning: Life insurance proceeds can provide beneficiaries with liquidity to cover estate taxes, minimizing the impact on inherited assets. Don't Wait Until It's Too Late The current exemption offers a valuable window for tax-efficient estate planning. Consulting with an experienced estate planning attorney can help you understand your options and develop a personalized strategy to maximize the benefits of the increased exemption before it sunsets. At KLG Estate Planning in Massachusetts and New Hampshire, our team of estate planning experts with over 40 years of experience can guide you through the complexities of the current tax environment and help you develop a plan that minimizes your estate tax burden and ensures your legacy is passed on according to your wishes. Contact us today to schedule a free consultation. --- > We're excited to announce that our attorneys Thomas Kiley Jr. and Carah Kiley have recently joined the New Hampshire Estate Planning Council (NHEPC)! - Published: 2024-05-09 - Modified: 2026-02-27 - URL: https://klgestateplanning.com/new-hampshire-estate-planning-council/ - Categories: Estate Planning We're excited to announce that our attorneys Thomas Kiley Jr. and Carah Kiley have recently joined the New Hampshire Estate Planning Council (NHEPC)! The NHEPC is a qualified organization dedicated to fostering excellence in estate planning throughout the state of New Hampshire. This membership signifies a commitment to continuing education, collaboration with fellow professionals, and ultimately, providing the highest standard of service to our clients. A Commitment to Collaboration and Expertise As members of the NHEPC, Thomas and Carah will have the opportunity to connect and share knowledge with a network of experienced estate planning professionals across various disciplines. This collaborative environment fosters a deeper understanding of the ever-evolving legal landscape and allows us to stay at the forefront of estate planning strategies. Continuing Education: Serving You Better The NHEPC places a strong emphasis on ongoing professional development. Through the Council's resources and programs, Thomas and Carah will gain access to the latest advancements and best practices in estate planning. This dedication to continuous improvement ensures we can provide our valued clients with the most up-to-date and effective strategies for protecting your assets and securing your legacy. Shared Values, Strengthened Service The core values of the NHEPC – collaboration, education, and excellence – perfectly align with the principles that guide our practice at KLG Estate Planning. Joining the Council allows us to further these values while contributing to the collective expertise of New Hampshire's estate planning community. We are confident that our membership in the NHEPC will be instrumental in helping us provide you with the most comprehensive and effective estate planning solutions available. About the New Hampshire Estate Planning Council For more information about the New Hampshire Estate Planning Council please visit their website at www. nhepc. org. Let KLG Estate Planning Help You Secure Your Future Whether you're just starting to consider estate planning or looking to update your existing plan, Thomas, Carah, and the team at KLG Estate Planning are here to guide you through the process. Contact us today to schedule a consultation to discuss your unique needs. --- > Our attorneys at KLG Estate Planning in Massachusetts will help you plan for the management and distribution of your estate during your lifetime and after death. - Published: 2024-02-01 - Modified: 2026-02-27 - URL: https://klgestateplanning.com/estate-planning-in-massachusetts/ - Categories: Estate Planning When it comes to your loved ones and cherished possessions, a sound estate plan becomes essential. However, navigating the legalities and intricacies of an estate plan can feel overwhelming. This guide highlights the key elements of estate planning in Massachusetts, allowing you to make informed decisions for you and your family’s future. With more than 40 years of legal experience, our attorneys at KLG Estate Planning will help you plan for the management and distribution of your estate during your lifetime and after death. What’s the Difference Between a Will and a Trust? Your will is the foundation of your estate plan, dictating how your assets are administered after your passing. This legal document allows you to name beneficiaries, appoint an executor to manage the estate and designate guardians for minor children. However, a will goes through probate, a potentially lengthy and public court process. For more complex estates or avoiding probate, consider a living trust. It holds assets like property and investments during your lifetime while transferring ownership seamlessly to beneficiaries upon your death, bypassing probate for those assets. Living trusts offer additional benefits, such as disability planning and creditor protection. Essential Documents in Your Toolkit: Last Will and Testament: This document outlines your wishes for asset distribution and appoints an executor. Living Trust: Holds assets outside the probate process and simplifies inheritance. Power of Attorney: Grants someone you trust the authority to make financial and legal decisions on your behalf if you become incapacitated. Healthcare Proxy: Designates someone to make medical decisions when you are unable to do so. Planning for Life's Unknowns: Advance Directives: These documents, including living wills and do-not-resuscitate (DNR) orders, allow you to specify your wishes for end-of-life care. Life Insurance: Provides financial security for your loved ones in case of your death. Retirement Accounts: Beneficiary designations on your retirement accounts ensure swift and hassle-free transfer of funds. Protecting Your Legacy: Tax Considerations: Consult with a financial advisor or tax professional to navigate potential tax implications of your estate plan, such as estate and inheritance taxes. Review and Update: Your estate plan is not a one-time document. Review and update it regularly to reflect life changes, such as marriage, divorce, or the birth of a child. While online resources can provide valuable information, consulting with an experienced estate planning attorney is crucial. Our attorneys at KLG Estate Planning can tailor a plan that meets your unique needs and circumstances, ensuring your wishes are accurately documented and legally binding. By being proactive with an estate plan, you secure your loved ones' future, minimize conflict, and leave a lasting legacy. Our team will work with you to create the necessary documents needed to achieve your goals and discuss more complex needs. Start your journey towards peace of mind with KLG Estate Planning and don't hesitate to seek our professional guidance to build a personalized and secure estate plan in Massachusetts. Contact us today to schedule a free consultation. --- - Published: 2023-05-31 - Modified: 2026-02-27 - URL: https://klgestateplanning.com/estate-planning-in-rye-new-hampshire/ - Categories: Estate Planning KLG Estate Planning is proud to serve the Seacoast of New Hampshire. Rye is a town with a rich history and a legacy that has been built over generations. Just like your wealth, this legacy wasn't built overnight, but through hard work, careful planning, and wise decision-making. Just as we take pride in our town's heritage, we should also take steps to protect our own legacies and ensure that our assets are preserved for our loved ones and future generations. Estate planning involves creating a comprehensive plan to manage your assets during your lifetime and after your death. It includes various legal documents, such as wills, trusts, powers of attorney, and healthcare directives, that outline your wishes for how your assets will be distributed, who will manage your affairs, and how your loved ones will be taken care of when you are no longer around. One of the key reasons why estate planning is essential is that it allows you to have control over your assets and ensures that they are distributed according to your wishes. Without a proper estate plan, your assets may be subject to probate, a lengthy and costly legal process that can result in your assets being distributed according to state laws, which may not align with your desires. This can lead to disputes among family members and delays in asset distribution, causing unnecessary stress and financial burden. Estate planning is not just for the elderly or the wealthy. It is relevant to individuals of all income levels and ages. No matter how big or small your estate is, having an estate plan in place can ensure that your assets are protected and distributed as per your wishes. Another crucial aspect of estate planning is planning for incapacity. None of us can predict the future, and there may come a time when we are unable to make decisions for ourselves due to illness, injury, or other unforeseen circumstances. By including powers of attorney and healthcare directives in your estate plan, you can designate trusted individuals to make financial and healthcare decisions on your behalf. This ensures that your wishes are respected and your affairs are managed in the way you desire, even when you are unable to communicate or make decisions for yourself. It's also important to note that estate planning is not a one-time event, but an ongoing process that needs to be revisited and updated as your life circumstances change. Life events such as marriage, divorce, the birth of a child, the death of a loved one, or changes in your financial situation may require adjustments to your estate plan. It's crucial to review and update your estate plan periodically to ensure that it continues to reflect your current wishes and goals. Estate planning is a vital component of planning for your future in Rye, New Hampshire, or anywhere else. It's not just for the wealthy or the elderly, but for everyone who wishes to protect their assets, provide for their loved ones, and... --- > In a world gone increasingly remote, managing your digital assets has become an even more important part of estate planning. - Published: 2022-05-20 - Modified: 2026-02-27 - URL: https://klgestateplanning.com/dont-shut-me-down-planning-for-digital-assets/ - Categories: Estate Planning In a world gone increasingly remote, managing your digital assets has become an even more important part of estate planning. From email accounts to digital photos and cloud-based storage, almost everyone owns some kind of digital asset. Terms-of-service agreements and privacy policies govern these accounts and generally expire when you die. That means surviving family members may not be able to access your email, photos, social media accounts, etc. However, emerging laws are providing a legal path for your executors to manage these assets. These laws also provide a framework to allow tech company “custodians” (e. g. Facebook, Google, or Apple) to safely disclose your assets without violating privacy agreements. Most states have adopted the Revised Uniform Fiduciary Access to Digital Access Act (RUFADAA) or something similar, but legislation continues to evolve. Digital assets can include any part of your electronic record, including access to your financial accounts, bitcoin and cryptocurrency, music and photos, licensed domain names, seller accounts on eBay or Amazon, and information stored on your computer and other devices. If your state has adopted the RUFADDA, your executors may be up against the following limitations: An executor does not have authority over the content of your electronic communications (email, messages, or chats) unless you’ve explicitly granted this disclosure. An executor may petition a court to gain access to your electronic communications, but only insofar as such access is necessary to settle the estate. An executor may get access to other types of digital assets such as photographs, eBay, or PayPal accounts. If an executor does not have your explicit permission to access your account, tech companies may rely on their terms of service to determine whether to grant access. Tech companies may not provide access to joint accounts or deleted assets. All in all, this means you need to plan for your digital assets. Do you want social media accounts deleted after you’re gone? Do you want your family to have access to your digital photos? The best way to make sure your wishes are followed is to catalog your online presence and create a legal plan. Moving? Remember to unpack that estate plan There’s a lot to think about when you move. In all the hustle and work of a relocation, certain things can get forgotten. Once you have the utilities on and the boxes unpacked, it’s time to have your estate planning documents reviewed by an attorney in your new home state. Here’s a list of updates that might be needed: Estate taxes: Currently, 12 states and the District of Columbia have state-specific inheritance or estate taxes. Your estate plans may have been drafted to address local taxes which no longer apply. You could wind up with an unexpected tax bill or miss out on the full benefits your new state provides. Your executor: An executor’s role is determined by state law, and some states require your representatives to reside in the state in which your will is probated. If your executor lives out of... --- > At KLG Estate Planning & Probate Attorneys, we understand that the task of preparing a comprehensive estate plan can feel incredibly daunting. Our mission has always been to make that process as easy as possible. - Published: 2021-03-30 - Modified: 2026-02-27 - URL: https://klgestateplanning.com/estate-planning-dos-and-donts/ - Categories: Estate Planning Estate planning is important. Estate planning is complicated. Estate planning is difficult. Estate planning takes time and careful consideration. At KLG Estate Planning & Probate Attorneys, we understand that the task of preparing a comprehensive estate plan can feel incredibly daunting. Our mission has always been to make that process as easy as possible. Here are the top three Estate Planning Do’s and the top three Estate Planning Don’ts to get you started on this critical task: Top 3 Estate Planning Do’s Seek out and engage the services of an experienced estate planning attorney. Of course, we’re biased here. However, we believe that creating an estate plan that serves as you intended is an often underestimated, but incredibly complex task. Our legal team consists of experts with years of experience and know-how. We help clients develop and modify solid estate plans year after year. Update your estate plan after major life changes. Don’t allow your well-built estate plan to stagnate. If you experience a major life event like divorce, a new child or the death of a named beneficiary, you need to revisit and potentially revise your estate plan. Don’t make the mistake of putting this off. Keep your estate plan up-to-date. Carefully consider who you select to be your estate’s Personal Representative. Your personal representative will have a lot of responsibility thrust upon them after your death. Making a poor choice like selecting someone who struggles with financial decisions, is not reasonable or doesn’t understand their role and responsibilities can have catastrophic impacts on your estate. If you don’t have a family member or close friend you trust to fulfill this role, you also have the option to select an independent third party. Remember, your primary goal is to protect your estate, not placate family members. Top 3 Estate Planning Don’ts Create a trust, but don’t fund it. Funding a trust involves transitioning the ownership of assets to the trust or a designated beneficiary. Only if a trust is properly funded will it be allowed to avoid the probate process after your death and avoid estate taxes (if it was designed to do so). If you worked with an experienced estate attorney to create your trust, they can help provide guidance on how to fund your trust in adherence with the objectives of your estate plan. Name your minor children as beneficiaries. Naming a minor child as a beneficiary may seem like the right thing, but it actually creates quite a mess. In the Commonwealth of Massachusetts, a minor (anyone under the age of 18) is not legally allowed to own an asset. Because of this stipulation, a conservator would then need to be appointed to receive the asset or property on behalf of your child. That’s likely not what you would have intended, and the financial implications of the process can be devastating. Instead, consider placing your assets in a trust for your minor children. Assume the co-fiduciaries you name will get along. Dealing with the death or... --- > For many parents, a primary concern as they develop their estate plan is making sure their family home or homes are passed to their children. They want the process to be free of unnecessary burdens and weighty tax consequences. - Published: 2021-03-16 - Modified: 2026-02-27 - URL: https://klgestateplanning.com/ensuring-your-home-is-passed-on-to-your-children/ - Categories: Estate Planning For many parents, a primary concern as they develop their estate plan is making sure their family home or homes are passed to their children. They want the process to be free of unnecessary burdens and weighty tax consequences. At KLG Estate Planning & Probate Attorneys, we’ve spent decades navigating the passing of property for Massachusetts’ families. We understand that for many families their home is, by far, the most valuable asset in their estate. There are several different options to investigate to determine the right fit for your comprehensive estate plan and your family. Here are the four most common ways parents choose to pass their homes onto their children: Include the house in your Last Will and Testament. This tactic allows your children to inherit your home upon your death. This will allow your children to avoid estate taxes in the Commonwealth of Massachusetts if the total amount of your estate is less than one million dollars. It will also reduce the amount of capital gains taxes your children will pay if they decide to sell the house later. Be aware, however, that using this strategy as part of your estate plan does not protect your property if your circumstances dictated a need for MassHealth (Medicaid in Massachusetts). In some instances, MassHealth would have the ability to place a lien on the property. Put your house in a trust. Using an irrevocable trust will allow you to name your children as beneficiaries of the property. Therefore, when you die, your home will no longer be part of your estate and thus not subject to estate taxes nor Medicaid estate recovery. An irrevocable trust is, as implied, unchangeable once established. Once your house is put in the trust, you can’t take it back out. If your financial future is uncertain, weigh this option very carefully. Sell your house to your children. If you want to sell your property to your children for an amount that is under fair market value, the difference (the amount between market value and the actual sale price) can be considered a gift. In that instance, you would be allowed to use Massachusetts’ allowed annual gift tax exclusion. You may also choose to sell your home at full market value while holding a note on the property. In this instance, you could still use the annual gift tax exclusion to cover all or part of the cost of the payments. This option is incredibly complex and must be executed correctly. Gift the house to your children. If you want to gift your home to your children, you’ll likely need to file a gift tax form. You also need to be aware of the total gift tax exclusion amounts for an estate (which change frequently). If you want to avoid a gift tax, don’t exceed the established amounts. Your children may still have to pay capital gains taxes on the property, especially if they are planning to sell the home. In addition, MassHealth may be able... --- > Year after year, our clients ask us what they can do to protect the most important thing in their lives: their family. They want to ensure that no matter what, their family is taken care of and all unnecessary stress and worry is mitigated as much as possible. - Published: 2021-03-02 - Modified: 2026-02-27 - URL: https://klgestateplanning.com/are-you-considering-a-family-trust/ - Categories: Estate Planning, Trust Administration Year after year, our clients ask us what they can do to protect the most important thing in their lives: their family. They want to ensure that no matter what, their family is taken care of and all unnecessary stress and worry is mitigated as much as possible. Ensuring your legacy is passed on to your family members the way you intended can be a heavyweight on you as the head of a family. Putting in place a family trust can be a strategically effective tactic that serves to protect your estate and guarantee that it passes to your beneficiaries. The definition and purpose of a family trust A family trust is a trust that serves to provide for beneficiaries who are related (biologically or not) to the person who establishes the trust (also known as the grantor). In the Commonwealth of Massachusetts, this type of trust is most commonly a revocable living trust (meaning that it can be changed while the grantor is still alive). A revocable living trust allows the grantor to maintain possession of the assets held within the trust until he or she dies. You may have also heard the terms, “living trust” or “inter vivos trust. ” Other types could also be classified as family trusts if their purpose aligns with the goal of protecting and providing for your family. The primary objectives of a family trust are to: Provide for family members Minimize estate taxes Ensure your assets are protected Potentially avoid the probate process Ensure that possession of assets and property stays within your bloodline (if desired) Protect your estate from a beneficiary’s divorce Ensure your estate is passed on to your family according to your wishes How do you establish a family trust that’s right for you? Establishing a trust that serves the purpose you’re after is deceptively complex, and, as we often say, the cost of getting it wrong is monumental. First, consider what functions of a family trust would be best suited for your estate plan. What do you want it to accomplish? Who do you want making the decisions about it both before and after your death? Does your family have any special circumstances you want taken into consideration? Have these initial conversations with an experienced estate attorney. They can help you define what you need, consider and address every potential obstacle, and execute the family trust. At KLG Estate Planning & Probate Attorneys, we’ve helped countless clients develop and implement family trusts. We know how to help you and the people you love most in the world maintain a lasting legacy. --- > There is no cookie cutter when it comes to estate planning. In fact, comprehensive estate plans look quite different depending on an individual’s age and unique circumstances. - Published: 2021-02-16 - Modified: 2026-02-27 - URL: https://klgestateplanning.com/when-you-need-more-than-a-will/ - Categories: Estate Planning There is no cookie-cutter when it comes to estate planning. In fact, comprehensive estate plans look quite different depending on an individual’s age and unique circumstances. For example, a young, healthy, single person may need only a simple estate plan. On the other hand, their parent may have more complex needs and have in place a much more robust and comprehensive estate plan. A solid estate plan should be custom to your needs. You want to forgo elements you don’t need and, alternatively, you don’t want to be without those elements you do need. One element that is a part of most estate plans is a Last Will and Testament. So, what exactly does a will do? The primary functions of a basic will include naming beneficiaries for your assets and a personal representative for your estate. A will also allows you to explain how you want your property to be divided. At KLG Estate Planning & Probate Attorneys, when we use the phrase, “comprehensive estate plan”, we’re talking about creating a plan that fits your needs and accomplishes your objectives. Your estate plan should evolve with you, meaning that as you gain additional assets or have significant life changes (like getting married, divorced, or having children), your estate plan should adapt too. The plan that suited you at age 25 is likely no longer complete when you’re 45. A comprehensive estate plan may include: A Last Will and Testament A Trust Health care proxies (you may have heard these called advance directives) A Power of Attorney A long term care plan In order to determine which elements you need, you should first discuss your goals and objectives with your estate planning attorney. The objectives of your estate plan might include: Managing your assets while you’re still alive Naming your beneficiaries Naming your estate’s personal representative Leaving property and assets to minors Protecting your estate from your beneficiaries’ creditors Keeping your estate’s information private Designating guardians for your minor children Minimizing estate taxes Putting in place a long-term care plan including nursing home protection Potentially avoiding probate and conservatorship Protecting your estate from other parties’ challenges Making the process after you die simpler and less expensive for your family Once you’ve taken the time to identify your objectives, work with your estate attorney to put in place an estate plan that suits your needs. While that will most certainly include a Last Will and Testament, it will also likely have at least a few other elements. Our team at KLG Estate Planning & Probate Attorneys believes that ensuring you get your estate plan right is one of the most important things you can do. A solid estate plan will protect your loved ones long after you’re gone. --- > Getting married is a wonderful, whirlwind time for so many. You and your new spouse likely have quite a bit already on your “to-do” list. However, many newlyweds may forget to address some of the more important implications of their recent union. - Published: 2021-02-02 - Modified: 2026-02-27 - URL: https://klgestateplanning.com/5-estate-planning-tips-for-newlyweds/ - Categories: Estate Planning Getting married is a wonderful, whirlwind time for so many. You and your new spouse likely have quite a bit already on your “to-do” list. However, many newlyweds may forget to address some of the more important implications of their recent union. Even though your lives together have just begun, now is the time to plan and prepare for the future. That includes getting in place a solid estate plan. Estate planning can feel like an overwhelming and intimidating task, but it doesn’t have to be. We can help you break it down. This Top 5 list is designed to help you and your new spouse start thinking about the big picture of estate planning: Talk it out. You have a new partner in life. Starting this phase of your relationship with open, honest conversations about estate planning strategies, goals, and concerns is absolutely critical. It’s imperative that you two be on the same page and aligned in mission and vision. These conversations will ultimately ease your mind and allow you to focus on your lives ahead. Seek out an experienced estate planning attorney. We’ll put this bluntly: Estate planning law is much more layered and nuanced than many people think. Getting it right is crucial, because getting it wrong could have irreversible repercussions. The team at KLG Estate Planning & Probate Attorneys know how to help you lay out a solid plan. Involving an expert in your estate planning strategy and execution will have a huge impact on your estate plan’s overall strength. Find and compile all your essential documents. This is a long list which should include all financial documents, retirement information, government IDs, birth and marriage certificates, deeds, vehicle titles, information about personal assets of value, current wills, trust information, and any other critical documents. Organize them well, and store them in a safe location. Carefully review your insurance policies and consider supplementing, if necessary. This includes health, home, automobile, and life insurance policies. If you and your partner don’t currently have life insurance policies in place, now is a good time to consider reviewing your options and choosing appropriate coverage. None of us want to think about worst-case scenarios, but being prepared for them can go a long way in removing any inherent worry. Also, consider merging policies that were once separate (like automobile insurance). Realizing those savings can help young couples grow their estate. You also want to revisit your homeowner’s policy if you’ve just moved in under the same roof to ensure your valuable personal assets are covered (like your beautiful new rings! ) Work with your estate attorney to prepare or revise necessary documents. You know you likely need a new or updated will, but don’t forget about trusts, beneficiary designations, powers of attorney, and health care directives. These are all critical elements that should be part of a comprehensive estate plan designed to help you and your new spouse navigate life together. This Top 5 list is just the tip of the... --- > When are the beneficiaries of a will notified, and what is probate? This is a common question we receive at KLG Estate Planning & Probate Attorneys. The short answer is: once the probate process has begun. However, there are many caveats to that answer and a variety of factors that could affect the length of time the entire probate process takes. - Published: 2021-01-19 - Modified: 2026-02-27 - URL: https://klgestateplanning.com/what-is-probate-2021/ - Categories: Estate Planning, Probate When are the beneficiaries of a will notified, and what is probate? This is a common question we receive at KLG Estate Planning & Probate Attorneys. The short answer is: once the probate process has begun. However, there are many caveats to that answer and a variety of factors that could affect the length of time the entire probate process takes. An overview of the probate process Let’s take a look at the general process of probate so we have a better understanding of those specific factors a beneficiary needs to be aware of as they navigate their roles and responsibilities. The basic purpose of the probate process is to distribute a decedent’s property and assets after his or her death. The process can take weeks, months, or years (although in the Commonwealth of Massachusetts, it must be completed within three years after a person’s date of death). More often than not, the process takes about nine to twelve months. In Massachusetts, the personal representative begins the probate process by filing the will and asking the court to deem it authentic. That process usually takes a few weeks. Once the will is accepted as authentic, the personal representative can begin probating the estate. This will include sending notices to all beneficiaries that have been named in the will. The probate process could be delayed at this juncture if a beneficiary has died, become disabled, or otherwise can’t be located. If you know you are being named as a beneficiary (for example, for a relative), be sure to keep your contact information up to date. Understanding your role as a beneficiary Once you have been named as a beneficiary, you may wish to seek counsel to help you understand what the role entails, what your responsibilities are, and what rights you have. The estate’s personal representative has a fiduciary duty to all of the beneficiaries. This means they must distribute the assets as outlined in the last will and testament. However, that personal representative also has authority to decide how they specifically fulfill that duty. As a beneficiary, you may disagree with their approach and decisions or feel they have misinterpreted the wishes of the decedent. When you need an expert – we’re here to help If that happens, our team at KLG Estate Planning & Probate Attorneys would strongly recommend you immediately seek the expertise and guidance of an experienced lawyer in order to ensure your inheritance is protected. We have a deep understanding of the probate process. We’ve dealt with difficult personal representatives before, and we know how to negotiate those waters carefully and with your interest at heart. If you’re struggling to have your voice heard or you’ve hit a brick wall with your requests, we can reach out through the proper channels to further the conversation and, ultimately, complete the probate process. --- > With the wide variety of do-it-yourself will and estate planning options online, many Americans are wondering if they still need to work with an attorney... - Published: 2020-11-20 - Modified: 2020-11-20 - URL: https://klgestateplanning.com/do-it-yourself-wills/ - Categories: Estate Planning With the wide variety of do-it-yourself will and estate planning options online, many Americans are wondering if they still need to work with an attorney. We are, of course, a bit biased here. The attorneys at KLG Estate Planning & Probate Attorneys have 40 years of experience, and we use every bit of it to guide our clients. We know how to create a solid estate plan. We know the pitfalls to avoid. We understand each critical decision. The question still remains: Can I really “do it myself”? As with many elements of estate planning, the answer is, “It depends on your unique circumstances and ultimate goals. ” An individual with relatively straightforward goals and a small, simple estate may effectively accomplish their goals through a do-it-yourself, online service. Consider this: if you get it wrong, what’s the cost? As you navigate online will resources, what if you miss basic instructions or details? What if you answer a necessary question incorrectly? What if your tax situation is unique and needs an expert eye? Failing to ensure every “i” is dotted could result in your would-be beneficiaries spending a huge sum of money to contest your will in court. Your will encompasses everything from naming guardians for your children to ensuring your spouse is cared for; from distributing the fruits of your life’s work to your beneficiaries to ensuring your funeral arrangements and wishes are carried out. It’s not an instrument to take lightly or leave to chance. If you’re still questioning the validity of these services and wondering if they’re right for you, consider looking at it from a different perspective. What other services in your life have you been willing to take out of the hands of a qualified expert? Did you perform all the needed maintenance work on your vehicles? Did you prepare and file your own taxes? Did you replace your own roof? Did you provide your own medical treatment? For the big items in life, we often turn to experts because the cost of getting it wrong is simply too high. This rings true for estate planning. In fact, the stakes are even higher because you won’t have an opportunity to rectify a mistake or misstep. In the same way that your estate consists of many of your life’s achievements and successes, our firm and the experience we have is the pride of each and every one of our team members. Getting your estate planning right is our life’s work. We act as your eyes to ensure all documents are flawless, your ears to ensure all questions are answered and all potential financial implications are addressed, and your heart to ensure all your wishes are carried out. We’re here to provide an overview of the process so you know what to expect, to answer all of your questions, and to work with you to create a comprehensive estate plan that will serve you and your family well. At KLG Estate Planning & Probate Attorneys, it’s what... --- > Charitable giving is an admirable way to provide support to worthy causes. Many of our clients, as part of their comprehensive estate plan, have charitable donations bequeathed to organizations close to their hearts. - Published: 2020-10-30 - Modified: 2026-02-27 - URL: https://klgestateplanning.com/charitable-giving/ - Categories: Estate Planning Charitable giving is an admirable way to provide support to worthy causes. Many of our clients, as part of their comprehensive estate plan, have charitable donations bequeathed to organizations close to their hearts. As an added value to supporting organizations you deem worthy, you also have an opportunity to receive a charitable income or estate tax deduction. As with many other elements of estate planning, it’s important that this is done with thought and preparation. When done carefully, effective charitable giving and donations can serve to add other benefits, like providing an inheritance for heirs, decreasing overall tax liability/providing savings on taxes (think capital gains), solidifying a legacy for your family, and even serving as a source of income for you or your beneficiaries. The first and most crucial step is selecting the charities or causes to which you want to donate. Each charitable organization distributes its donations differently, and you will want to ensure your donation creates the biggest impact for the cause. You likely don’t want your funds to pay employee salaries or administrative costs. Some misleading organizations have persuasive names that indicate they do more than they actually do or support causes they don’t. Here are some things to take into consideration before you select the charities to which you’d like to donate: Research the charity before you ever write a check. The Massachusetts’s Attorney General’s office can tell you if a Non-Profit Organization or public charity is a legitimate one. Reach out to the charity and ask them questions. Find out where your money will go, have them reiterate their overall mission, and discover what percentage of your donation actually goes to the causes they support. Don’t allow high-pressure tactics to sway your decision. Take the time to carefully and thoughtfully select which charities you want to support. Don’t let fast-talking solicitors force your hand. Document, document, document! For all charitable donations, keep detailed records. Document the charity name and address, dates of donations, copies of checks, and receipts. Never ever pay by cash! Submit your donations in a way that provides a solid paper trail. If charitable giving is part of your estate plan, ensure that your gift isn’t overly restrictive and difficult for the charity to use or access. For example, if your assets are in stocks, consider gifting those stocks directly to the charity in lieu of having them sold and profits donated. Finally, ensure your personal representative or executor understands your wishes when it comes to your estate’s charitable giving and is willing to execute them as you intend. At KLG Estate Planning & Probate Attorneys, we understand the implications of charitable giving as part of your estate plan. Our team can walk you through your options and ensure that your wishes are carried out, your selected charities receive your donations seamlessly, and that you are aware of tax implications and savings. --- > An executor, called a “personal representative” in Massachusetts, will play a crucial role in the oversight of your estate and the proper execution of your estate plan. - Published: 2020-10-09 - Modified: 2026-02-27 - URL: https://klgestateplanning.com/choosing-your-executor/ - Categories: Estate Planning An executor, called a “personal representative” in Massachusetts, will play a crucial role in the oversight of your estate and the proper execution of your estate plan. The job of your personal representative, in general, requires them to review and analyze information about your debts and assets, pay off creditors, and distribute assets to your beneficiaries. The role necessitates attention to detail, a general business acumen, willingness to carry out your wishes, and a dedication to complete the work and close out your estate. It’s a monumental decision and, for that reason, one you need to carefully consider. There are some basic requirements to consider when selecting your executor or personal representative. The selected individual must be at least eighteen years old and must be of sound mind (meaning they would not be judged as incapacitated by a court). While Massachusetts allows out-of-state personal representatives, you should carefully consider the duties they will need to execute before you decide to select someone who lives out of state. Often times, executing an estate plan requires a significant time commitment (think weeks or months) and the ability to address routine matters quickly and effectively. In addition to these basic requirements imposed by the State of Massachusetts, the attorneys at KLG Estate Planning & Probate Attorneys have some other recommendations for you to consider: Choose a trustworthy, reliable person. This may be a family member or close friend. Whoever you choose, you should be confident in their ability and willingness to carry out your wishes as you intend. Choose someone who understands the role of the personal representative and what will be required of them. The role should be viewed as a job. Think to yourself: would you hire this person? Choose someone who is familiar with your estate plan. You should ensure they have a copy of your will. Ideally, they should also have the contact information for your estate planning attorney. It’s incumbent on you to ensure they interpret your will as you intend. If you have more than one child, think twice about naming all of your children as your personal representatives. While this may sound enticing and seem like a way to eliminate disputes amongst siblings, we actually see more problems arise from this than be solved. If you don’t feel comfortable naming a family member or friend, you can select a professional personal representative like a bank, trust company, or another individual. Selecting the right executor or personal representative can feel like a daunting task. At KLG Estate Planning & Probate Attorneys, we understand that getting this decision right is paramount. There are a variety of serious considerations to make before you can be confident that you’ve selected the right person. Our trusted team can help you review all your options and make the best selection. --- > If your loved one has a mental or physical disability, a special needs trust can help both of you navigate complex government benefits and requirements and ensure financial stability. - Published: 2020-09-18 - Modified: 2020-09-18 - URL: https://klgestateplanning.com/special-needs-trust/ - Categories: Estate Planning, Trust Administration If your loved one has a mental or physical disability, a special needs trust can help both of you navigate complex government benefits and requirements and ensure financial stability. A special needs trust allows you to appoint a trustee to oversee assets and provide for your loved one without risking or preventing access to benefits such as MassHealth (Medicaid), Supplemental Security Income (SSI), subsidized housing, vocational rehabilitation, or Social Security Disability Income (SSDI). An irrevocable trust must meet some basic requirements: the beneficiary must be younger than 65 and total control must be given to the trustee. This tool will allow your family to feel financially confident without restricting access to necessary government benefits. There are two main types of special needs trusts: Self-Funded Special Needs Trust. You may have also heard these referred to as a first-party trust. The funds in this type of trust come from the disabled person’s own assets. Consider the following situation: A family member leaves a generous bequest to your disabled loved one. This inheritance could potentially pose negative financial implications to a person with disabilities because it could, in effect, limit their ability to access benefits and support from the government. However, if the money from the inheritance is used to fund a special needs trust for your disabled loved one, you can likely sidestep this problem. A self-funded or first-party trust is required to be set up by a guardian, conservator, or court order and (like all trusts) must be overseen by a trustee. Be aware that after the beneficiary’s death, remaining funds will be used to “payback” the government for benefits provided (like Medicaid). Third-Party Trust. An alternate option is a special needs trust that is funded by someone other than the disabled person. These trusts can be created by family members or other interested parties and must be funded entirely by third-party contributions. Unlike a first-party or self-funded trust, there is no need to pay back the government upon the beneficiary’s death. Upon the death of your disabled loved one, remaining funds can be dispersed to other named beneficiaries. If you are interested in establishing a special needs trust, but you are unable to find an appropriate trustee, you can consider a pooled trust. A pooled trust is also commonly known as community trust. They are typically managed by nonprofit organizations. Funds are contributed by many different families, and the pool is used to support all of the beneficiaries. They allow all family members to contribute to the fund. The nonprofit organization selects a trustee who manages the finances for your disabled loved one. Selecting the right option is, as with many other elements of estate planning, critical. The attorneys of KLG Estate Planning & Probate Attorneys are seasoned pros and can help your family pick the right path. --- > “Elder law” is a huge practice area that encompasses a variety of critical issues, like comprehensive estate plans, financial management, short-term and long-term healthcare options, adult guardianship, and conservatorship. - Published: 2020-08-28 - Modified: 2020-08-28 - URL: https://klgestateplanning.com/elder-law/ - Categories: Estate Planning “Elder law” is a huge practice area that encompasses a variety of critical issues, like comprehensive estate plans, financial management, short-term and long-term healthcare options, adult guardianship, and conservatorship. The attorneys at KLG Estate Planning & Probate Attorneys believe that while elder law issues can certainly seem intimidating, they should be addressed sooner rather than later. Too often, critical decisions “sneak up” on family members. In a state of crisis and panic, the family is left frantically searching for answers and assistance and either come up empty-handed or grasp at the wrong straws. We believe there’s a better way. There’s a way in which aging family members can rest assured that their golden years will be as comfortable and rewarding as possible. Their assets will be protected. Preserving their life’s work won’t be left to chance. There’s a way that younger generations can ensure they’ve taken all the necessary steps to support their elderly family members and alleviate stress and chaos. That’s why, when it comes to elder law, we think it’s imperative to think a few steps ahead. We have seen families in crisis forced into applying for benefits that were simply not right for them. Nursing homes are often in the position of offering well-intentioned advice and may encourage families or patients to apply for MassHealth (Medicaid). While there are many benefits to this program for qualifying individuals, it’s not the right decision for everyone. In some cases, we’ve even seen individuals be denied because they didn’t understand all the steps they needed to take before applying to ensure their eligibility. This is one critical area where rushing to a decision without the advice and guidance of experts can have long-lasting, detrimental effects. We know it’s impossible to plan for everything. Life throws curveballs. Many illnesses may have sudden onsets, affect mental and physical well-being, and leave patients reeling with long-term, devastating effects. We understand and appreciate that you can’t see every fork in the road or surprise that may be coming. However, with comprehensive planning, expert consultation, and forethought, you will be well-positioned for everything you and your loved ones do encounter in life. The KLG Estate Planning & Probate Attorneys team is here to help. We can walk you and your family through all of the “what ifs” we’ve seen clients encounter over the last 40 years. We can help you plan out and prepare for whatever comes next in life. Even when elder care seems intimidating, you’ve got a trusted advisor at your side. --- > Many of our clients understand the need to have a basic will in place, but they are unsure about other tools that may empower them to soundly protect their estate and assets. - Published: 2020-08-07 - Modified: 2026-02-27 - URL: https://klgestateplanning.com/trust-vs-will/ - Categories: Estate Planning, Trust and Estate Litigation Many of our clients understand the need to have a basic will in place, but they are unsure about other tools that may empower them to soundly protect their estate and assets. A trust is an instrument that serves many Americans both before and after death. Do you need both a will and a trust? The answer is often, “It depends on your unique circumstances. ” Let’s first discuss the functions of a will and a trust: Basic functions of a will: Select an executor for your estate. Naming an executor is incredibly important in ensuring that your wishes are carried out the way you intend. Designate guardians for your minor children. This is a critical function and a decision that, while difficult to consider, is never one that should be overlooked. Specify funeral arrangements. Answering these questions in your will means you eliminate the guesswork for your family. Name specific beneficiaries for your assets, including family heirlooms and precious keepsakes (think furniture, jewelry, etc. ) Basic functions of a trust: Leave nothing to chance. Having a trust in place may allow your loved ones to avoid common pitfalls, including the dreaded (and often expensive) probate process, conservatorship, and potential challenges by other interested parties. Leave property and assets to minors. A trust will allow you to direct who receives portions of your estate and how they receive them, even if they are not of majority age. Protect your assets and your beneficiaries from creditors (yours and theirs). Depending on the type of trust you select, your beneficiaries may be able to inherit without worrying about creditors. Aid in planning for long-term and short-term healthcare decisions, including MassHealth (Medicaid) eligibility. Understanding the primary functions of wills and trusts is important in attaining your estate planning goals, but it’s also essential to understand their key differences. A trust can be revocable (meaning it can be altered) or irrevocable (meaning it cannot be changed once put in place). Another primary difference is that a will takes effect after you die, but a trust can serve you both during your life and after your death. One other key difference of note is that a trust does not become part of the public record, allowing for privacy. Additionally, a will must pass through probate court, meaning that a court determines and interprets the validity and distribution of assets. Trusts pass outside of probate court, which can serve as a potential timesaver for family members dealing with your estate. The bottom line is this: Both wills and trusts can be critical elements to building a solid and complete estate plan. We believe that in order to discover the unique formula right for you and your family, it is imperative to work with experts who understand the pitfalls, complexity, and nuances of estate planning. KLG Estate Planning & Probate Attorneys have decades of experience getting this right for our clients. We can help you effectively plan for your future, accomplish your long-term goals, and be confident... --- > When setting up a revocable trust, you need to be diligent about asset transfers, beneficiary designations and funding formulas. Failure to complete certain steps can prevent the trust from acting as you intended, creating additional cost and unintended consequences for your estate. - Published: 2020-04-14 - Modified: 2026-02-27 - URL: https://klgestateplanning.com/avoid-these-mistakes-when-setting-up-a-trust/ - Categories: Estate Planning, Trust Administration When setting up a revocable trust, you need to be diligent about asset transfers, beneficiary designations and funding formulas. Failure to complete certain steps can prevent the trust from acting as you intended, creating additional cost and unintended consequences for your estate. Common issues include the following: Failure to transfer assets Setting up a trust is just the first step. You must accurately transfer assets into the trust for its proper function to take effect. If assets are not transferred into a trust, they will still be subject to probate court on your death. Failure to update the beneficiary designation A trust will commonly include accounts with beneficiary designations, such as retirement accounts and life insurance policies. Failing to transfer beneficiary designations to the trust could have unintended consequences; for example, someone might get more or less than you intended, or get access to funds sooner and with less control by you than you wanted. Failure to adjust for current tax law If you executed your trust documents a while ago, when the estate tax exemption was significantly lower, you need to review your plan to ensure you’re still getting the intended results. --- > Smartphone providers now offer enhanced options that let you provide even more emergency information, such as medical conditions and allergies. - Published: 2020-03-17 - Modified: 2026-02-27 - URL: https://klgestateplanning.com/setting-up-a-medical-id-on-your-phone/ - Categories: Estate Planning You may already be familiar with the idea of setting an “in case of emergency” contact that displays on the lock screen of your phone to let emergency personnel know whom to call if you’re found alone unconscious or unable to speak. Smartphone providers now offer enhanced options that let you provide even more emergency information, such as medical conditions and allergies. Newer iPhones make it easy with their integrated Health app, but there are ways Android users can provide similar information. Medical ID on an iPhone On an iPhone running iOS 8 or later, launch the built-in Health app and tap the Medical ID icon at the bottom right of the screen. There are fields for listing medical conditions and current medications, fields for emergency contacts, and a blank field where you can add additional notes, such as your preferred hospital or religious requests. There’s also a field where you can stipulate organ donor preference. Even if your iPhone is locked, emergency personnel will be able to access your medical ID info by tapping on “Emergency” on the home screen and then “Medical ID. ” Emergency info on Android Android users can get similar functionality by downloading a third-party app, such as Medical ID. (As always, be careful about the information you provide to third-party app providers, as it can be hard to vet their security standards. ) Alternatively, your phone may have an emergency contact feature built-in another way. Search under settings, or Google your phone brand and “emergency contact lock screen” to find specific instructions for your phone. Be aware that anyone with access to your smartphone can also see your emergency contact and/or health information, so be judicious about what you choose to share. Decide how much you want medical personnel to know in an emergency, and weigh the pros and cons of having this information readily accessible on your phone. --- > Resist the urge to avoid naming a guardian as part of your estate plan simply because it’s not easy to imagine someone else raising your children. - Published: 2020-02-11 - Modified: 2020-02-11 - URL: https://klgestateplanning.com/naming-a-guardian-for-your-children/ - Categories: Estate Planning, Trust Administration Resist the urge to avoid naming a guardian as part of your estate plan simply because it’s not easy to imagine someone else raising your children. If you don’t, you leave the guardianship of your children up to the courts if you pass away. Think about who, starting with your family members, would be the best choice. Remember that the guardian you choose doesn’t also have to handle money for your children. Assuming you have life insurance and other assets set up to take care of your children, the trustee will be in charge of managing those assets on behalf of your children. The person or people you choose to take care of the child can coordinate with the trustee on matters of money. If you want to name a couple, think ahead about your intentions should either person die, or if they separate or divorce. You can open up the field of options if you provide more than one possible guardian. That way, if the first person on your list cannot serve, you have approved of other possible options. That also makes it less likely that someone who you don’t want to serve as the guardian will be able to do so. If the guardian you are naming doesn’t live in your state, include the name of someone who can take care of your children until that guardian can take over. Some states have an emergency guardianship proxy, or you can include it in your will. Consult an estate planning lawyer to help you make this decision and to ensure the documents are in place to match with your wishes. --- > As the name indicates, an ILIT is irrevocable, so once you place a life insurance policy inside it, you generally can’t take it back out. However, grantors do have options to shut down the trust or alter it in ways that still protect the interests of the beneficiaries. - Published: 2020-01-14 - Modified: 2026-02-27 - URL: https://klgestateplanning.com/life-insurance-trusts-fund-or-collapse/ - Categories: Estate Planning An Irrevocable Life Insurance Trust (ILIT) has long been a fundamental tool for managing federal estate tax liabilities. But with a sizable increase in the federal estate tax exclusion, some families are wondering if their ILIT is even relevant anymore. An ILIT owns your life insurance policy for you, essentially removing it from your estate. ILITs were popular for their ability to shelter life insurance proceeds from estate taxes. They also give the grantor the ability to direct who benefits from the trust and how the proceeds are to be used. But the Tax Cuts and Job Act doubled the estate tax exemption. In 2019, the exemption is $11. 4 million per individual, indexed to inflation. That means many ILITs that were created to offset estate taxes are no longer needed. Unwinding an Irrevocable Trust As the name indicates, an ILIT is irrevocable, so once you place a life insurance policy inside it, you generally can’t take it back out. However, grantors do have options to shut down the trust or alter it in ways that still protect the interests of the beneficiaries. Some strategies: Buy the policy back by funding the ILIT with the equivalent cash value Surrender the policy for cash value and distribute the cash to the beneficiaries Investigate a life settlement and distribute the value to the beneficiaries Stop funding the policy, but use the cash value to extend the benefit until the cash value runs out Stop funding the policy, but maintain it at a reduced benefit amount Stop funding the policy and borrow the premium payments from the beneficiaries, assuming the beneficiaries wish to keep the policy. The trustee must honor the terms of the trust, and certain trusts may be more restrictive in terms of their rescue options. The terms of the trust cannot change, but the involved parties (grantor, beneficiaries, trustee) do have options to eliminate an ILIT that is no longer needed. Before You Unwind Remember that the current exemption rules expire after 2025. Without further legislation, the exemption will return to an inflation-adjusted $5 million in 2026. Protecting Your Death Benefits Depending on your situation, an ILIT may still make sense. Consider how your life insurance strategy could impact your estate if: You believe your estate will exceed the federal estate tax exclusion when you die Your estate will exceed any applicable state estate taxes (typically lower than federal exemptions) Your life insurance proceeds will tip your estate over the tax exclusion limit Creditors may make claims on your estate when you die. The Danger of Waiting Too Long You can gift an existing life insurance policy into an ILIT. However, if the insured dies within three years of making the gift, the policy will still be included in the estate for tax purposes. Alternatively, the ILIT can be funded with a new policy and the three-year “lookback” period would no longer apply. Of course, the costs of purchasing a new policy tend to increase as you age, which might... --- > How can I minimize estate taxes? The good news is that there are ways to reduce one’s estate taxes. - Published: 2019-09-04 - Modified: 2026-02-27 - URL: https://klgestateplanning.com/four-strategies-to-reduce-estate-taxes/ - Categories: Estate Planning, Wealth Preservation It’s one of the most frequently asked questions we hear at KLG Estate Planning & Probate Attorneys: How can I minimize estate taxes? The good news is that there are ways to reduce one’s estate taxes. With a little planning, there will be more assets going where you want them to go instead of toward taxes. Let’s explore four top strategies: Start giving away your wealth while you’re still alive. This reduces the value of your estate (and, thus, possible taxes). There are annual dollar maximums per gift recipient, but no limit on the number of people you can gift. Put your assets in a trust. With multiple types of trusts available, it is important to set up the right type for your particular needs. Your qualified attorney will fully explore your situation and assets to determine how one or more trusts could help shield your assets from estate taxes. Buy life insurance. If properly planned, a life insurance policy can generate a non-taxable payout upon death. This can be particularly useful for an estate that is simply too large to completely avoid estate taxes. Support your favorite charity. If you plan to support one or more charities with your estate, there are several strategies that can be implemented that may not only reduce your final estate tax bill, but could also increase the true value of your donation and give you a reduction in your current income taxes. This may involve setting up a charitable trust. You will be happier knowing that more of your estate will be transferred to people and charities or other organizations instead of going toward a tax bill. However, as simple as some of these strategies sound, always seek the advice and guidance of a qualified estate planning attorney. That way, you will rest easy knowing the details are handled correctly, paving the way for your exact desired outcome. --- > While there is no way to guarantee there will not be a dispute involving your estate, intentional efforts now can help minimize the possibility of disagreements. - Published: 2019-08-07 - Modified: 2026-02-27 - URL: https://klgestateplanning.com/five-tips-to-minimize-estate-disputes/ - Categories: Estate Planning In a world where baby boomers are retiring at a rate of 10,000 per day, in the coming decades, tens of billions of dollars in assets will be transferred from one generation to the next. Unfortunately, there will be disagreements, even among close family members. With some thought and planning, however, you can help minimize the possibility of disputes involving your estate. Let’s examine five tips: When choosing a successor trustee for your trust, examine your family dynamics, especially if considering designating one of your children. If you foresee issues therein, consider designating a professional trustee. If you have co-trustees, make sure to include a provision in your estate plan for a tie-breaker if the co-trustees reach an impasse. This simple step can help resolve any future dispute without a court’s intervention. Consider perceptions when outlining the distribution of your estate. For example, one person may divide everything equally amongst all children. Another may leave a larger percentage to an heir who provided greater help over the years. Whatever your decision, including a detailed explanation of your thought process can help avoid any heir from feeling slighted, and may help avoid a legal contest. Don’t keep your trust plan a deep secret. Communication with your family and relatives who will be impacted by your estate plan is key, and that communication should occur sooner than later. Some families find it helpful to have annual discussions to talk about the family, goals, wishes and the future Check and double-check all beneficiary forms. Regardless of your estate planning documents, the beneficiary forms you’ve most recently filled out for each specific account will take precedence. While there is no way to guarantee there will not be a dispute involving your estate, intentional efforts now can help minimize the possibility of disagreements. Your estate planning attorney can work with you to help your survivors avoid disagreements that can strain families and lead to expensive courtroom battles. --- > The legislation, designed to boost Americans’ retirement savings, has implications for individual savers and for those planning to pass an inheritance to the next generation. - Published: 2019-07-16 - Modified: 2026-02-27 - URL: https://klgestateplanning.com/passage-of-secure-act-anticipated-by-year-end/ - Categories: Estate Planning, Wealth Preservation Estate planners have been watching Congress closely, waiting to see what will happen with the Setting Every Community Up for Retirement Enhancement (SECURE) Act. The legislation, designed to boost Americans’ retirement savings, has implications for individual savers and for those planning to pass an inheritance to the next generation. The SECURE Act passed the House of Representatives in May with a nearly unanimous margin of 417-3. The bill is considered to have strong bipartisan support, and advocates are optimistic it will pass by year-end. If it doesn’t pass via a unanimous consent vote in the fall, pundits suggest it will be attached to a year-end spending bill. Eliminating the Stretch The bill eliminates the stretch provision for inherited IRAs, which means beneficiaries will no longer be able to stretch out over their lifetime distributions from inherited IRAs. If enacted, the SECURE Act would require inherited IRAs to be dispersed within 10 years following the original owner’s death. The change eliminates the ability to shelter cross-generation inheritance income for decades, making taxes due much sooner on inherited IRAs. A few exceptions remain. Spouses will still be able to use the stretch provision, as will beneficiaries who are disabled, chronically ill,l or minor children. However, once a minor child reaches the age of majority, the 10-year clock would kick in. This change would have a detrimental impact on high-net-worth individuals who had intended to pass sizable IRAs to children or grandchildren. The SECURE Act would significantly reduce the long-term benefits of such gifts. Critics say such retroactive changes amount to a breach of promise to savers who stored money in IR, As intending to create lifelong benefits for their heirs. Some critics suggest that such a move also opens the door for Congress to make other retroactive changes, such as taxing certain Roth IRAs in the future or eliminating the stretch for spousal IRAs. Benefits for Younger and Older Workers The SECURE Act includes provisions designed to make it easier for small businesses to offer retirement plans. Under the bill, tax credit incentives are available for businesses that set up new retirement plans and for those that switch to automatic enrollment. For older workers, the SECURE Act would push the required minimum distribution age to 72 (up from 70½) and eliminate age restrictions on IRA contributions. For younger workers, the bill would allow penalty-free withdrawals of up to $5,000 in the year following a birth or adoption. --- > Having an estate planning checklist will help you understand the basic aspects of estate planning and evaluate the various options that will be of value to you. - Published: 2019-05-08 - Modified: 2026-03-09 - URL: https://klgestateplanning.com/estate-planning-checklist-your-ultimate-guide/ - Categories: Estate Planning The future is unpredictable and we understand that you want your family to have a secure and comfortable life even when you are incapacitated. The objective of estate planning is to ensure that your goals for your family and finances are achieved during your life and after your death. FREE CHECKLIST Looking for a Checklist You Can Use? Click Here The future is unpredictable, and we understand that you want your family to have a secure and comfortable life even when you are incapacitated. The objective of estate planning is to ensure that your goals for your family and finances are achieved during your life and after your death. Having an estate planning checklist can help ensure that nothing falls through the cracks and can safeguard your family in your absence. Estate Planning Checklist Having an estate planning checklist will help you understand the basic aspects of estate planning and evaluate the various options that will be of value to you. Estate plans are likely to include wills, trusts, powers of attorney, and health care proxies. Your estate plan is completely dependent on the choices you make and is tailored to meet your needs. These are some things you will need to consider when designing your estate plan: Creating a List of Assets Naming Beneficiaries Creating a Will Considering a Revocable Trust Creating a Living Will Selecting a Power of Attorney Selecting a Health Care Proxy Safekeeping of your documents Creating a List of Assets One of the first steps to take as you craft your estate plan is to make a complete list of all of your current assets. Here is a checklist to help with that process: Current Assets List. Asset examples include: Valuables Investments Real estate Business entities Vehicles Life insurance policies Financial accounts – including bank accounts, brokerage accounts, & retirement accounts Any other miscellaneous assets, along with an estimated value for each item Naming Beneficiaries Once your list of assets is completed, you will need to decide who you would like to leave things to. Beneficiaries are the people and entities who will inherit your assets after your death, including your spouse, children (if any), and other individuals and entities (such as friends, companies, organizations, charities,s or non-profit institutions). You may want to plan carefully to minimize estate tax exposure. You may also be able to contribute to the education or medical care of your beneficiaries without incurring any gift tax by paying for these expenses directly. Learn more about the Massachusetts Inheritance Law. Creating a Will A will (also known as a Last Will) is the document that transfers your estate to your designated beneficiaries upon your death. If you die without a will, your property will be distributed according to the Massachusetts State "intestacy" law, which will distribute your property to your closest relatives, beginning with your spouse and children. In the absence of a spouse or children, your grandchildren or your parents will inherit your property. If none exist, other relatives will be sought out,t including siblings, grandparents, aunts and uncles, cousins, and nieces and nephews. If there are no family members found, and it is found that you have no living relatives by blood or marriage, the State may ultimately take your property. Havinglast willent will help ensure that your... --- > Here are 10 common mistakes made while estate planning which can be avoided, KLG Estate Planning experienced attorneys prepare strategy based on your needs. - Published: 2018-11-27 - Modified: 2026-03-09 - URL: https://klgestateplanning.com/10-common-estate-planning-mistakes-to-avoid-in-2018/ - Categories: Estate Planning Estate planning is confusing to most people and most do not have a plan in place. Many people take for granted that their assets will go to the right place after they pass and even certain celebrities have made serious estate planning mistakes, leaving their heirs to deal with the aftermath. Some of the famous names include: Michael Jackson – Superstar Michael Jackson's death triggered a series of ongoing court battles over his estate. One of Jackson's biggest estate planning mistakes was creating a trust – and then failing to fund it. Jackson’s estate could be in the courts for many years to come. Philip Seymour Hoffman – His mistake was not updating his will. The will left all his estate to his partner and only mentioned his son; his daughters might not share in the estate. Pablo Picasso – Picasso neglected to execute a will. Heath Ledger – He failed to redo the will he had signed before his daughter was born. That left his entire estate to his parents and his sisters. The list is long, but illustrates how important it is to have a proper estate plan in place and the issues that can be left behind for your loved ones. Do you need an estate plan? The most common reason why people do not have an estate plan is the belief that they are not wealthy and do not have significant assets. The fact is that everyone should have an estate plan in place to ensure their assets are left according to their wishes. Without an estate plan, state laws will dictate what happens upon your death or incapacitation. So, what are your assets? Anything you own at the time of your death or incapacitation. Financial assets – For example, savings accounts in a bank, retirement accounts, stocks and bonds, life insurance, etc. Money Owed to You – Tax refunds, an inheritance, outstanding loans from your debtors, etc. Real Estate – Your home, office or any other real estate you own, etc. Other Assets – Cars, furniture, jewelry, art, etc. To take the first steps in planning your estate, consult with an experienced estate planning lawyer who can guide you on the best way to protect the assets you have worked so hard for throughout your lifetime. According to a survey from Caring. com, researchers found that only 4 in 10 American adults have a will or living trust. The sample of 1,003 adults were asked why they didn’t have either a will or living trust. Below are the responses: The biggest mistake you can make is not having an estate plan in place or procrastinating about putting one together. Don’t make matters worse for your loved ones at the time of your death. The cost of a qualified estate planning attorney is a lot cheaper than being involved in trust and estate litigation. These are some of the common mistakes to avoid: 10 Common Estate Planning Mistakes to Avoid Failure to Update an Estate Plan... --- --- ## Practice Areas > KLG estate planning lawyers create wills, trusts, powers of attorney, and comprehensive estate plans for MA and NH families. Free consultations. - Published: 2026-02-20 - Modified: 2026-03-10 - URL: https://klgestateplanning.com/practice-area/estate-planning/ Estate Planning Lawyer What is Estate Planning? Estate planning is the act of preparing for the transfer of a person’s wealth and assets after his or her death. Estate planning is for everybody, not just the wealthy. Without an appropriate estate plan, your family can spend a lifetime (and their life savings) battling over your assets. According to a caring. com survey, only 42 percent of U. S. adults have estate planning documents such as a will or living trust. For those with children under the age of 18, the figure is even lower, with just 36 percent having an end-of-life plan in place. https://youtu. be/o9xN6My99fY Reasons to have an estate plan Some of the main reasons why you should get involved in planning your estate are: Preserving family wealth, Providing for surviving spouse and children, Funding children and/or grandchildren’s education, and Leaving your legacy behind to a charitable cause. Steps in estate planning The most basic step in estate planning involves writing a Will. In addition to this, the other important estate planning tasks include: Limiting estate taxes by setting up trust accounts in the names of beneficiaries Establishing a guardian for living dependents Naming an executor of the estate to oversee the terms of the will Creating/updating beneficiaries on plans such as life insurance, IRAs, and 401(k)s Setting up funeral arrangements Establishing annual gifting to qualified charitable and non-profit organizations to reduce the taxable estate Setting up a durable power of attorney (POA) to direct other assets and investments Why do you need an Estate Planning Lawyer? Creating an estate plan is the first step to securing your family’s future. KLG is an estate planning law firm representing clients in Massachusetts and New Hampshire. Our estate planning attorneys want to ensure that you and your family have everything you need to legally protect the home, possessions, and assets you’ve amassed throughout your life. There is no one-size-fits-all method to planning your estate; there are numerous methods and tactics to protect your estate. You need to consult with the attorneys at KLG Estate Planning Attorneys to make sure that you’re making the best decisions for your unique needs. Each person’s estate is different, and attempting to approach each estate with the same brush is a mistake many other attorneys make. At KLG, we take the time to listen to your situation and your needs, and use that information to create a plan specifically designed for you. We’ll work with you to create the following documents, as needed: Revocable living trusts Last will and testament Powers of attorney Health care proxies Integrated estate planning Estate planning for LGBT Irrevocable Trusts An out-of-date estate plan is an ineffective estate plan. In order for your plan to be at its best, it is essential that your plan reflect your current life – representing your current marital situation, immediate and extended family, choices of executors, beneficiaries, and other notable persons, and with a current accounting of all accounts and important assets. In addition... --- > KLG probate attorneys guide families through the probate process in Massachusetts and New Hampshire. We handle informal, formal, and voluntary administration. - Published: 2026-02-20 - Modified: 2026-03-10 - URL: https://klgestateplanning.com/practice-area/probate/ Probate Attorney After the loss of a loved one, it’s completely normal to be at a loss for what comes next. While KLG Estate Planning Attorneys have helped with all parts of the grieving process, we can help with the legal side of death. Probate is the first step in the legal process of administering the estate of a deceased person, resolving all claims and distributing the deceased person’s property to the beneficiaries. There is no way to avoid probate; our job is to make the probate process as easy and quick for your family as possible. While there is no way to avoid probate, there are differences in laws between states that may make the probate process extremely simple. Typically, the smaller the estate, the more simple the probate process. Massachusetts In Massachusetts probate law, there are four types of probate: informal probate, formal probate, late and limited formal probate, and voluntary administration. Informal probate is an administrative proceeding, processed by a Magistrate, which can be expedited if all legal requirements are met. With a properly created and maintained estate plan, this would be the desired probate solution. These results are generally expedited, as Magistrates can issue an informal order as early as 7 days after the decedent’s death. Formal probate matters are typically heard by a judge and may involve one or more hearings before the court, and may be necessary if instances where there is an objection to an informal probate or will. If more intricate administration on an estate is required, there’s a good chance your case will need to go through a formal probate. Late and limited formal probate is a relatively new form of probate procedure and is available in limited and very specific circumstances. For example, if a person passed away more than three years ago, and no probate process was ever initiated, successors may petition the court for a late or limited formal probate. Voluntary administration is a simplified procedure for an estate with minimal assets and no real estate. It’s available whether or not the decedent left a will. New Hampshire In New Hampshire probate law, small estates can avoid a formal probate process if they fall beneath an established threshold. States above that threshold will need to go through a probate process in probate court. Outside of having a small estate in New Hampshire, there are a few ways one can avoid a complex probate process, of which KLG is more than capable of assisting. First, certain kinds of assets transfer automatically at the death of an owner with no probate required. The most common kinds of assets that pass without probate are: Tenancy by the Entirety or Community Property With Right of Survivorship – these are forms of property ownership that function like joint tenancy, in that the survivor owns the entire property at the death of the other tenant; however, this option is only available to married couples. Beneficiary Designations – retirement accounts and life insurance policies have... --- > Protect your assets from lawsuits, creditors, and claims with KLG's wealth preservation attorneys. We serve Massachusetts and New Hampshire families with proven asset protection strategies. - Published: 2026-02-20 - Modified: 2026-03-10 - URL: https://klgestateplanning.com/practice-area/wealth-preservation/ Wealth Preservation Lawyer Wealth preservation is just that: it’s protecting the assets you’ve accrued over a lifetime from lawsuits, creditors, or other entities who may want to stake a claim. By taking preemptive action to protect your assets, you decrease the risk of losing in the long run. The attorneys at KLG want you to be fully prepared, and creating an estate plan is only the first step. For a fully protected estate, it’s imperative that you include a plan for wealth preservation. A good wealth preservation plan uses some, or all, of the following tools: Separation of assets Personal homestead House held in tenancy A personal umbrella policy Use of Limited Liability Companies, trusts and/or limited partnerships Title not held in name of person likely to be sued The attorneys with KLG Estate Planning Attorneys want your estate to have as much protection as possible. The best method for the best protection is to consult an experienced Massachusetts asset protection attorney. KLG can help identify the most effective methods for your particular family and business situation, securing protection to protect the people you care about most. To take your first steps into asset protection, or to review an existing plan, call our offices today at 978-474-8670 to schedule your appointment. --- > KLG trust administration attorneys help families manage and distribute trust assets in Massachusetts and New Hampshire. From revocable trusts to tax-exempt trusts, we guide trustees through every step. - Published: 2026-02-20 - Modified: 2026-03-10 - URL: https://klgestateplanning.com/practice-area/trust-administration/ Trust Administration A trust is a living document which should be adjusted as life changes. It’s an essential part of your estate plan, and it dictates your assets’ next steps. When someone dies in Massachusetts or New Hampshire, they’re unable to distribute their assets, and a trust document serves as their voice to ensure everything is cared for appropriately. In addition to the trust document, you need an estate planning attorney to administer the trust, explaining exactly what should be distributed and to whom. That’s where the attorneys with KLG Estate Planning Attorneys can help. As a part of your estate planning process, our attorneys will work with you to create a trust which would be best for your situation. There are numerous avenues to keep you, your family and your assets protected from the “what ifs,” including: Revocable Trusts Grantor-Retained Interest Trusts (GRATs and GRUTs) Life Insurance Trusts Trusts for the home or other real property Tax-exempt Trusts Through these means, we’ll be able to work with you and your family from the beginning of the process to the end, where your assets are successfully and smoothly distributed amongst your loved ones. We not only work with you, ensuring that every detail is addressed just as you would like, but we work with your heirs and family members when you’re gone. The attorneys at KLG aim to make the trust administration process as easy and stress-free as the planning process. We want you to feel comfortable and secure trusting the future of your assets with us. Many states have passed laws and enacted rules to make trust administration a less time-consuming and troubling experience. Trust administration in New Hampshire has evolved over the past few years to be one of the most innovative systems in the country. Although systems have become easier to navigate, it is quite difficult to do so without the help of a skilled attorney. Having a KLG attorney to assist your trustees is essential to a smooth transition, as they have many legal responsibilities beyond the collection of assets. These duties include the collection and management of the trust assets, the resolution of debts and claims, and the filing of the necessary individual and fiduciary income tax reports and federal estate tax return if one is required, which all must be completed fully and in a timely manner. KLG Estate Planning attorneys will act as a guide for a trustee, checking off all necessary items and holding the trustee accountable. The trustee can be held personally responsible for any loss to the trust, and, as a result, the trustee’s personal assets are subject to satisfying the loss. We’ll do everything we can to avoid that. KLG Estate Planning Attorneys will be by your side, from the creation of the trust to its administration. If you’re in need of Massachusetts trust administration or New Hampshire trust administration, contact us today at 978-474-8670 to schedule your appointment. We are there to help no matter what stage in... --- > KLG estate litigation attorneys defend wills, trusts, and estates in Massachusetts and New Hampshire courts. We handle will contests, fiduciary duty disputes, and contested conservatorships. - Published: 2026-02-20 - Modified: 2026-03-10 - URL: https://klgestateplanning.com/practice-area/trust-estate-litigation/ Trust and Estate Litigation Attorney Everything we do in creating an estate plan is to assist in a smooth transition. However, there are times when that’s just not possible, and litigation becomes necessary. Litigation for any reason is generally unpleasant, but it seems even more egregious when loved ones fight one another. At KLG Estate Planning Attorneys, we will do everything in our power to resolve any issues outside of litigation, through arbitration or other means. If that fails, we will use our years of trial experience to defend the estate and the chosen beneficiaries. Many times, complaints and challenges to a will or trust happen in the probate phase – after the creator of the trust or estate dies. There are different types of disputes that can occur and need to be resolved, including: Will contests and trust litigation Valuation and disposition of assets Breach of fiduciary duty Evaluation of trustee impartiality Contested conservatorship Tax controversies involving estates, trusts, and guardianships KLG Estate Planning Attorneys are knowledgeable and experienced, not only in the creation of your estate documents, but in defending the integrity and desires of those documents. Whether you’re facing a dispute in Massachusetts or New Hampshire, KLG attorneys will travel wherever they’re needed in order to stand by your side through your case. If you’re facing a dispute over a trust, contact our offices today. If your case needs to be litigated, you cannot afford to wait. Call our offices today at 978-474-8670 to schedule your appointment. --- --- ## Team Members > Attorney Carah Kiley specializes in estate planning, probate, wealth preservation, and trust administration for Massachusetts and New Hampshire families at KLG Estate Planning. - Published: 2026-02-23 - Modified: 2026-03-10 - URL: https://klgestateplanning.com/team-member/carah-kiley/ Carah Kiley is an estate planning, wealth preservation and probate attorney with KLG Estate Planning and Probate Attorneys. Carah practices in estate planning, probate, wealth preservation and trust administration, working hard to secure the financial futures of families throughout Massachusetts and New Hampshire. Carah Kiley Carah Kiley is an estate planning and probate attorney with KLG Estate Planning & Probate Attorneys. Carah works with both individuals and families throughout Massachusetts and New Hampshire to create and implement estate plans to meet their specific goals and needs to help secure the financial futures of their families and legacies. Carah began her legal career with a New Hampshire title company and law firm, and has handled thousands of real estate transactions throughout Massachusetts and New Hampshire. Through her work in these transactions including legal document preparation, complex title defect resolution and review of trust documents, she developed a keen eye for detail and realized the importance of having a proper and current estate plan in place. She joined award-winning Thomas Kiley, Sr. , at KLG Estate Planning & Probate Attorneys to be able to combine her legal and real estate knowledge and provide specialized, reliable and client service oriented estate planning. Carah received her Juris Doctorate from the Massachusetts School of Law and a Bachelor of Arts degree from University of New Hampshire. She is licensed to practice in both Massachusetts and New Hampshire. --- > Attorney Thomas Kiley Jr. is a third-generation trial lawyer at KLG Estate Planning, serving Massachusetts and New Hampshire families with estate planning, probate, and trust litigation. - Published: 2026-02-23 - Modified: 2026-03-10 - URL: https://klgestateplanning.com/team-member/tom-kiley-jr/ Practically raised on the law, Tom Kiley, Jr. is honored to be a third generation trial lawyer. Tom has spent his legal career protecting the rights of injured individuals, and has expanded his practice to be able to protect their estates, too. He is an experienced attorney and trial attorney, and supports clients through their estate planning, probate, and trust litigation needs. Tom Kiley, Jr. Practically raised on the law, Tom Kiley, Jr. is honored to be a third generation trial lawyer. Tom has spent his legal career protecting the rights of injured individuals, and has expanded his practice to be able to protect their estates, as an estate planning attorney in Andover. He is an experienced attorney and trial attorney, and supports clients through their estate planning, probate, and trust administration needs. Tom Jr. , alongside his father, worked hard to build a formidable law firm with the sole purpose of protecting the rights of injury victims, helping them to realize their courage to take a stand and refuse to let major corporations, insurance companies and negligent parties get away with their disregard for the safety of others. After obtaining numerous six- and seven-figure results on behalf of his clients, a need was realized to protect these clients from the government and litigious creditors, too. In creating strong estate plans, Tom Jr. ensures that families are able to keep more of the money and assets they’ve worked their entire lives to build. Tom Jr. serves his clients by being supportive, compassionate and determined, all while being knowledgeable in finding the right-fit solutions to fit their unique circumstances and needs. Tom was recently named by The National Trial Lawyers in the “Top 40 Under 40. ” Tom Jr. is a graduate of Massachusetts School of Law and University of New Hampshire. He is licensed to practice in Massachusetts and New Hampshire. --- > Attorney Thomas Kiley Sr. founded KLG Estate Planning with 30+ years protecting Massachusetts and New Hampshire families. Rated 'Perfect 10' on Avvo and featured in Super Lawyers. - Published: 2026-02-23 - Modified: 2026-03-10 - URL: https://klgestateplanning.com/team-member/tom-kiley-sr/ Tom Kiley, Sr. has spent the past 30 years protecting men, women and families after injury, and has seen firsthand the devastation that can occur after an unexpected challenge. Estate planning offers another opportunity for Tom to protect those men, women, and families from things that happen outside of their control. Tom Kiley, Sr. Tom Kiley, Sr. has spent the past 30 years protecting men, women and families after injury, and has seen firsthand the devastation that can occur after an unexpected challenge. As an Andover estate planning attorney, Tom has the additional opportunity to protect those men, women, and families from things that happen outside of their control. Tom Sr. founded his personal injury law firm on the premise that “as a personal injury trial lawyer, it is your obligation to provide clients and their families with aggressive representation and compassionate guidance through the legal process. ” He brings this same tenacity and determination to his estate planning practice at KLG Estate Planning & Probate Attorneys. Tom Sr. has fought for clients throughout the region, protecting children, teenagers and adults of all ages who have been harmed due to defective products, motor vehicle accidents and other senseless incidents resulting from wrongdoing and negligence. As a leading legal mind, Tom Sr. identified that personal injury was only one area where members of the Massachusetts and New Hampshire community were unprotected. Protecting estates, both large and small, provides peace of mind not only for the present, but for generations to come. Tom Sr. has built a reputation for excellence, being top rated in the most respected attorney rating services, including AVVO, Martindale-Hubbell, and New England Super Lawyers. AVVO. com, the best-known online attorney rating service, rated Tom Kiley a “Perfect 10” and “Superb” based on his years of service, successful record of results, impeccable reputation with clients and peers and professional accomplishments. He has been called the “Million Dollar Man” by the Boston Herald Sunday Magazine, in its Personal Best Series, as a result of his record of obtaining million dollar verdicts and settlements in complex cases. His legal work has also been notarized in film in the movie, A Civil Action, which depicted his involvement in the “Woburn Case,” which involved an epic legal battle waged by eight families from the same neighborhood in Woburn, Massachusetts. Tom is licensed to practice in Massachusetts and New Hampshire. --- --- > For estate planning, probate, trust administration, wealth preservation, or trust litigation services in Massachusetts or New Hampshire, contact KLG Estate Planning & Probate Attorneys. Phone: 978-474-8670. Address: 342 North Main Street, Andover, MA 01810. Website: https://klgestateplanning.com. Free 30-minute consultation available. ---