Massachusetts Trust Attorney
Looking for the Right Massachusetts Lawyer for Trust Creation to Help You Plan For The Future, Protect Your Legacy, Preserve Your Wealth, Ensure Your Wishes Are Fulfilled, and Avoid Future Hassles for You and Your Loved Ones – With Simple Fixed Pricing So There Are No Surprise Fees?
We Know We’re Not The Only Trust Creation Lawyer In Massachusetts, And We Know You May Be Searching For The Right Attorney To Help You. We’re Different. We Have Successfully Handled A Lot Of Trust Cases, Probably Similar To Yours. We Do Not Complicate Plans For Extra Billing, Really Care, And Keep Our Focus On The Best Interests Of You & Your Family. Here At The Law Office of Polly Tatum We Build Plans With Families In Mind.
Why Choose The Law Office of Polly Tatum for Your Trust Creation?
- Highly Reviewed & Rated – Highly rated with 100 + reviews on Google, as well as a Superb 10.0, 5 out of 5 stars on respected legal site AVVO.
- No Obligation Strategy Session – There is no pressure to retain us after your first strategy session. We look forward to working with you if/when you are ready.
- Simple Fixed Pricing – While our Trusts are not “Cookie-Cutter” our pricing plans are. You will typically know the cost upfront.
- We Guide You Through The Process – We offer seminars and webinars. We take the guesswork out of how to maintain YOUR plan.
- Experienced Estate Attorney – With 24+ years of combined experience, Attorney Polly Tatum holds an Advanced Law degree surrounding Elder Law.
- Virtual & In-Person Appointments Available – We make ourselves available to you in person, and online for your convenience.
- Structured Planning Format – From the moment you call us, to our final meeting we call the “Signing Ceremony”, we take the guesswork out of your plan. We guide you through the entire process from start to finish.
Tell Us Your Situation
Call (508) 795-1557(508) 795-1557 or fill out the short form below. We will usually respond within 1 business day but often do so the same day. Don’t hesitate, your questions are welcome.
Required Fields*
Your Information Is Safe With Us
We respect your privacy. The information you provide will be used to answer your question or to schedule an appointment if requested.
Schedule Your Strategy Session
Call (508) 795-1557(508) 795-1557 or Fill Out The Form.
How Many of These Life Situations and Goals for a Trust Apply to You?
People come to us when one or more of these apply to their lives. How many can we help you with?
- I do not want the state to take my money when I die
- I have a blended family/2nd marriage
- Asset protection concerns
- I have real estate outside of Massachusetts
- High net worth/wealth preservation
- Children/beneficiaries need protection from themselves, e.g., frivolous spending, bad marriage/ex-spouse, creditors, litigation, etc.
- I want to transfer my business to the next generation
- I want to avoid probate court or minimize probate
- I do not want my son/daughter-in-law to get their hands on my child’s inheritance
- I moved to Massachusetts and want to update my Trust to MA law
- Estate tax concerns
- I have a special needs child
- Provide for a pet
- I have charitable interests
There are many types of Trusts to choose from in Massachusetts, including Living, Testamentary, Revocable, and Irrevocable. Contact us today to craft a document that works best for your situation.
Schedule Your Strategy Session
Call (508) 795-1557(508) 795-1557 or Fill Out The Form.
What Is A Trust?
A trust is a fiduciary agreement between a third party (“trustee”) who holds assets on behalf of a beneficiary or beneficiaries. There are numerous types of trusts, but the main goal of any trust document is to organize your assets and protect your wealth.
A trust is a legal arrangement that can protect assets for the benefit of people who may not be able to take care of themselves. Trusts are often used as part of an estate plan, and they come in many forms. There are trusts that can pay out income or principal at regular intervals, trusts that allow you to decide when beneficiaries receive payments (known as “discretionary” trusts), and even trusts designed specifically for disabled people.
A trust differs from a will, as it allows your beneficiaries to gain access to any assets more quickly than they might otherwise if they were transferred through a will. The main difference between a trust and a will is a trust can go into effect at any time, whereas a will goes into effect after you die. Living trusts are created while you’re alive.
General Types of Trusts in Massachusetts
Revocable trusts: Also called a living trust, these allow you to retain control of the assets during your lifetime. These trusts are flexible and can be dissolved at any time, which is useful if your circumstances or intentions change. A major drawback some find in this flexibility is that all assets transferred to the trust are still considered personal assets and are subject to creditors and estate taxes. All revocable trusts become irrevocable after the death of the grantor.
Irrevocable trusts: Irrevocable trusts cannot be changed by the grantor after they are signed and the trust has been funded. All assets transferred to the trust can’t be taken back. That means the assets in the trust are permanently given to the trustee, and the grantor no longer owns the assets. However, the trust assets don’t comprise or contribute to the value of the grantor’s estate, so they’re not subject to estate taxes when they die.
Schedule Your Strategy Session
Call (508) 795-1557(508) 795-1557 or Fill Out The Form.
Actual Words Clients Have Used to Describe Us & Their Experience:
“Polly can teach you how to protect yourself and your family now and for the future,” Attentive, ethical, patient, and thoroughly professional,” “Her personalized approach ensures that you feel valued and properly represented throughout your legal journey,” “appreciate her compassion and insight in navigating tricky family situations,” “She developed an in depth understanding of what we needed to insure coverage of our estate,” “Her approach was not only professional but also personable, making the process feel much smoother,” “If you need factual, dependable and top level support, you are in good hands with the Law office of Polly Tatum,” “As a young family with a puppy and a new baby, we know the importance of estate planning – we are working with the team at the Law Office of Polly Tatum to protect our family and know we are in excellent hands,” “he asks questions I never even considered so that she can make the best plan for my family,” “She is a great combination of warm personality and keen expertise.”
If these are the things you are looking for in an Attorney to help protect your family and your legacy, contact our offices today!
Schedule Your Strategy Session
Call (508) 795-1557(508) 795-1557 or Fill Out The Form.
What is the difference between a Trust and a Will?
The terms Will and Trust are sometimes used interchangeably. However, this is not correct. There are some differences between the two.
A Trust, on the other hand, is a financial instrument that allows the trustor to transfer their assets under the management of a third party, also known as the trustee. Depending on the type of trust, it may offer significant protection from creditors and other suits against the estate.
A Will is a legal document outlining an individual’s final wishes. This can include how they want their personal affairs to be handled, including burial arrangements, etc., along with how they want their property to be distributed.
Schedule Your Strategy Session
Call (508) 795-1557(508) 795-1557 or Fill Out The Form.
Professional Associations
Our Location
We help families locally within or near the Massachusetts area when they need to handle issues or an estate for a family member within the state.
Locally families seek our help from all throughout Massachusetts.