Kenneth Rampino: Estate Planning and Elder Law in North Kingstown

North Kingstown RI

02 December, 2021

6:38 AM

Description

Estate planning and elder law is complex topic. Still, our attorneys at Kenneth Rampino can help you create a plan that will protect your family's future in the event of an unforeseen tragedy. We understand how difficult it can be to think about these things, but we have been helping families with estate plans for Ken Rampino for years and know what works best to protect loved ones from undue stress and financial hardship. What is estate planning, and why does it matter? A large part of our life is dedicated to earning money. The money that we earn is then used for various things like buying a house or car, taking care of the family's needs, and many others that are not even worth mentioning. If there was no estate planning in place (or if you do not know what it means), when the person dies who earned all this income, relatives could make claims on their assets, claiming they deserve some part because they provided them with support. This will create unnecessary long fights in court where nobody wins except lawyers! So, at Kenneth R Rampino Esq., an estate planning attorney helps people plan for their future by making plans to make sure their assets are distributed according to their wishes when they pass away. How can I tell if I need an estate plan? There are many reasons to create an estate plan. If you have children, they need to know what happens with your assets if something happens to you. An estate plan can also give you peace of mind, knowing that your wants and wishes will be carried out after your passing. Kenneth R. Rampino Esq., our team has been helping families just like yours through challenging times since 1983 by providing the best legal representation possible as well as sound financial advice based upon over 30 years of experience working with many types of estates. What types of documents are part of a primary estate plan? Kenneth R. Rampino, Esq. Living Trust, also known as a revocable living trust or inter vivos trust. This is a legal document that you can use to hold property during your lifetime and name the people who will manage those assets for you after death - avoiding court interference in probate proceedings. Durable Power of Attorney for Health Care/Medical Decisions: If an individual becomes unable to make health care decisions on his own, this type of power allows somebody else (an "attorney") to do so on their behalf. It gives another person ("the agent" or attorney) authority to handle financial affairs if necessary at some point in the future, pending court approval first. Who should be included in my will or living trust? A will or trust can include anyone you choose, but it's important to remember that the person must be alive when your will is written. If you have a child who has passed away and they are included in your will, their children may not receive any of your Kenneth R. Rampino, Esq. estates if there isn't enough money left after everything else goes through. Kenneth R. Rampino, Esq.65 Boston Neck Road North Kingstown, Rhode Island 02852(401) 738-1910https://rampinolaw.com/