The Estate Planning Center
at Fabisch Law Offices
Trust or Will? Probate or not? And how much does it all cost?
Estate planning doesn't have to be complicated.
We are here to guide you through estate planning.
Put an estate plan in place for your family. It is the final gift to give to them when you are gone. The families that care for each other leave their loved ones a roadmap of what to do.
What will you do...leave your family struggling to know what to do next? Or will you ensure that they have a plan and team in place to walk them along all the steps for after you are gone?
We partner with families that want an estate plan in place for their loved ones. Beyond that, we are the trusted advisor for these families on ensuring that the important people in their lives are cared for properly.
Our approach is to guide each person that we work through our estate planning proven process.
What is Estate Planning?
Estate planning is when we map out the actions necessary to properly handle and distribute assets to the intended beneficiaries. Proper estate plans are built with the beneficiaries and family in mind. The goal is to provide for their needs and well-being. A primary consideration of thoughtful estate planning is to design to minimize taxes. Attorneys design estate plans based on the goals of their clients and utilize the different documents as tools to accomplish these goals.
Wills and Trusts
Wills are used to determine an executor of your estate. Once formally probated, a will directs assets to your beneficiaries.
Trusts on the other hand are unique in that they avoid probate. Many people use trusts because you don't have the headache of the courthouse and probate. Lastly, trusts are private, while wills can often be downloaded from the county website along with all of your assets and belongings.
Powers of Attorney
Power of attorney lets you appoint someone to act as if they were you, for your benefit. This can be for financial and for healthcare purposes.
These are important because they affect you while you are living. It is important to choose people that are responsible and would have your best interest at heart
Titling of Assets
For the average family without planning it is common that only 30-50% of their assets will flow through their will. It is important to partner with an attorney that understands the difference between probate and non-probate assets.
This means the difference between the right people inheriting and the wrong ones.
The goal isn't to create a Will or Power of Attorney...
Knowing that our families have a path forward when we are gone is the goal.
The guide quickly goes over everything from what is a revocable living trust to protecting assets from a nursing home. We answer questions like the difference between a will and trust, what is probate (and how to avoid it), and the different types of power of attorney. There is even a special section for those with children (and grandchildren) to make sure that they are cared for!
How do you put an estate plan in place?
Step 1
Discovery Call
This is a FREE meeting where we get to know you. We want to know what matters to you, why this is important, and if you've done it before.
We want to make sure that we are a good fit for each other before moving further ahead. You will get a proposal with fees and a breakdown of our proven process after this meeting.
Step 2
Design Meeting
Once you decide to work with the firm, we will set up your estate planning design meeting with your attorney. This meeting can be virtual via Zoom from the comfort of your own own, or you can travel to our office.
This is where we will work together to design your estate plan. Your plan will be carefully designed to meet your unique needs and goals for your family.
Step 3 Review Your Plan
Our team will begin to carefully prepare each of your documents, and then the comprehensive plan will be approved by your attorney.
Once approved, your estate plan is sent to you! We encourage each of our clients to read through their documents. Your attorney is available to you to answer questions via email or during a meeting. We want you to understand and feel comfortable with your documents.
Step Signing Ceremony
Now it is time for the most important part - making your estate plan official! We would love to host your signing ceremony at our office. For individuals that have hectic schedules or that don't wish to travel, we can make alternate arrangements for you to use an independent notary.
Once signed, witnessed, and notarized your documents are ready to go! Many of our clients then receive information on updates to accounts and assets that will complete their estate plan.
Our team is ready to help you take the next steps!
Whether you have a few questions or you are ready to move forward, our team will guide you through this.
ABOUT US
The Estate Planning Center at Fabisch Law Offices is dedicated to providing comprehensive estate planning services to protect your assets and ensure your legacy. We understand the importance of preserving your hard-earned wealth for future generations. Our team is committed to crafting personalized estate plans that reflect your unique needs and goals. With a focus on minimizing tax burdens and maximizing asset protection, we strive to empower you with the peace of mind that comes from a well-structured estate plan.
Our clients' testimonials speak volumes about the impact of our services. "The team at Fabisch Law Offices provided invaluable support and expertise in guiding us through the estate planning process. Their dedication to protecting our family's assets was truly remarkable." - Jessica G
GET IN TOUCH
Pawtucket Rhode Island Office Address (By Appointment Only)
2 Dexter Street
Pawtucket, RI 02860
Bristol Rhode Island Office Address (By Appointment Only)
555 Metacom Avenue
Bristol, RI 02809
Massachusetts Office Address (By Appointment Only)
147 Main St.
Foxboro, MA 02035
For inquiries, please reach out to us via email at info@fabischlaw.com or give us a call at 401-566-3641.