Areas of Practice:
Real Estate Transactions
Estate Planning, Wills and
Trusts
Administration and Probate
Elder Law
Real Estate Transactions
Our firm represents prospective Buyers or Sellers in the purchase or sale of their home. We guide our clients through the process from advising on the initial offer to purchase, through negotiating the Purchase and Sale Agreement to attending and representing our clients at closing.
We represent Banks and Mortgage Lenders in both residential and commercial closings. From drafting and preparing the required closing documents to running and preparing Title reports to presenting a final closing package, our firm expertly performs each and every step of the closing process.
Estate Planning, Wills and Trusts
Estate planning is about arranging for the
future distribution of one's wealth. A critical part of estate
planning is creating documents that outline your wishes for
distributing your assets after you die. Every individual has
an estate plan. If you have not made any provisions for the
distribution of your estate before you die, your estate would
be distributed according to your state's "intestate succession"
statutes which provide for the distribution of your estate
to your spouse and relatives in an order established by your
state's law. In Massachusetts, the statute governing intestate
succession is M.G.L. c.190 §1 can be found here http://www.state.ma.us/legis/laws/mgl/190%2D1.htm.
So the question is not whether you will have an estate
plan, but whether you will have an estate plan of your own
selection or one imposed upon you by law.
During your initial free consultation,
our office will evaluate your needs, and gather the information
needed to calculate your assets and suggest an estate planning
package that is appropriate for your family's needs.
Basic Package ($500 per couple;
$300 for an individual)
The basic package includes a Will, Power of Attorney and Health
Care Proxy and is meant to meet the needs of younger couples
or those with limited assets.
Advanced Planning ($1,000-$2,000)
Advanced Estate Planning is appropriate for families with
larger estates or those with unique interfamily situations.
During this process, our firm will provide an extensive estate
tax evaluation illustrating the estate tax savings and benefits
of using various planning techniques and the drafting and
execution of documents such as: a Pourover Will, Revocable
Living Trust, Power of Attorney, Health Care Proxy and Irrevocable
Life Insurance Trust.
For more information about these or other
estate planning needs contact our office at info@chyten-law.com.
IMPORTANT NOTE: The fee estimates listed
above assume that your family circumstances and wishes are
very typical and straightforward. Unusual, detailed, or complex
requests may increase the cost of your plan.
Administration and Probate
Probate is the legal process for determining
the proper distribution of assets at death and the formal
closing of one's estate. In most cases, the probate process
is initiated by filing a petition with the probate court in
the district in which the deceased last lived requesting that
an estate executive be appointed. When the appointment is
made by the Court, an inventory is prepared and filed. Thereafter,
a yearly accounting of the estate is rendered to the Court
until full and final distribution.
Our firm helps navigate our clients through
the complicated process of probating and settling an estate.
From the initial client contact through the final settlement
of the estate, the family's goals and
objectives are adhered to throughout the administration process.
Elder Law
Elder law encompasses a myriad of legal issues
the elderly face including: Medicaid/MassHealth planning,
Social Security, transfer/presentation of assets, conservatorships
and guardianships, administration and management of trusts
and estates, nursing home issues
including long-term care placements in nursing home and life
care communities, retirement, including public and private
retirement benefits, survivor benefits and pension benefits
as well as many other similar issues.
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