Bahrawy Law Offices

Bahrawy Law Offices
Bahrawy Law Offices is listed in the Attorneys category in North Andover, Massachusetts. Displayed below are the social networks for Bahrawy Law Offices which include a Facebook page, a Linkedin company page and a YouTube channel. The activity and popularity of Bahrawy Law Offices on these social networks gives it a ZapScore of 89.

Contact information for Bahrawy Law Offices is:
55 Main St
North Andover, MA 01845
(978) 682-1141

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Bahrawy Law Offices has an overall ZapScore of 89. This means that Bahrawy Law Offices has a higher ZapScore than 89% of all businesses on Zappenin. For reference, the median ZapScore for a business in North Andover, Massachusetts is 36 and in the Attorneys category is 17. Learn more about ZapScore.

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When to start your estate planning? The highest and loftiest goal of a lawyer to motivate and inspire the client. It really is the gold standard of lawyering! Motivation is the reason to move and to change behavior. Inspiration is the spur and the stimulation needed to do so. Mark Twain was correct when he said "you never really know someone until you share an inheritance with them." The lesson here is to take the family dynamic into account in an estate plan to avoid problems. Start an estate plan when you have someone or something to protect. Estate planning isn't just for the wealthy. A comprehensive estate plan can offer numerous benefits to many individuals regardless of a person’s wealth, including control over how your property will be distributed (including trusts for spouse or children), planning to reduce estate administration costs, naming guardians for minor children, designating a personal representative to administer your estate, appointing agents to make financial and health care decisions for you in the event of your incapacity and reducing or eliminating estate taxes imposed at death. Without instructions on these issues from you in a Will and other documents, state law and the courts may decide these issues for you with results that may be inconsistent with your goals and desires. Start your estate planning in your younger years and review that plan there are changes in your life. In so doing you are carrying out the boy or girl scout motto "Be Prepared". Getting married? Having children? Purchasing a house? Growing assets? Have medical conditions that are progressive? Do you have a family heath history of cancer, cardiac issues or dementia? Then get your estate pan in order. Don't fall prey to thinking “ I DON’T NEED TO THINK ABOUT THESE THINGS NOW. I’VE GOT PLENTY OF TIME TO THINK ABOUT THEM LATER. Remember tomorrow is not promised to us. . An estate plan provides you and your loved ones with peace of mind.

For the next several years we will continue to experience the largest group of people (Baby Boomers) joining the ranks of "older adults” or “seniors." This trend signals dynamic changes for estate planning and estate dispositions. Why? First, Baby Boomers find themselves seeking professional assistance to get their elder parents’ affairs in order. Boomers are just beginning to comprehend their need for engaging in estate planning for themselves. Moreover, they are beginning to recognize and appreciate the value of advance planning for the rest of one’s life, which includes old age related disabilities as well as distribution of assets upon death. Due to the wonders of modern medicine, Baby Boomers will live longer than their predecessors. Accordingly, Baby Boomers realize the importance of making proactive life-changing decisions for themselves so that they will live comfortably throughout their “Golden Years.” Our society places great value on qualities such as safety, preparation, and good performance. Yet when it comes to preparing an estate plan, historically. these concepts have many times been thrown to the wind allowing the pieces to fall randomly. Boomers are quickly realizing that they need to structure their estates in order to achieve their hopes and dreams while minimizing the risk of depleting their assets. In order to avoid making decisions while in crisis mode, Boomers are also aware that they must be prepared for any serious medical event(s) such as a serious accident, heart attack, cancer or Alzheimer's Disease. For many Boomers it is important that their estates not only reduce the costs, delays and public nature of the probate process, but also the Federal and State Estate Tax. Of course, Boomers are beginning to recognize that the worst plan is no plan at all!! The essential lesson here is to not procrastinate! By putting a thoughtful and comprehensive estate plan in place, you will ensure your affairs are handled in the manner you wish while creating comfort for loved ones and peace of mind for yourself. The trick is to live for today and be prepared for tomorrow. In so doing you will experience less worry, and benefit from more personal fulfillment. Rather than worrying about tomorrow, people should form more thoughtful plans today that address the issues surrounding their estate, finances, lifestyle issues, potential future disability and anticipated future needs. This will enable them to go about the business of enjoying their lives, each and every day. You’ve worked hard to build your assets. It only makes sense that you devote the same amount of energy into protecting them, in the event you die or become disabled. Thanks for reading, and please share your comments below. Ramsey A. Bahrawy, Esquire is an attorney licensed to practice law in Massachusetts. His practice concentrates on estate planning and administration, elder law, real estate, and personal injury litigation. He welcomes the opportunity to discuss the contents of this article, and any other legal matter in his practice area, with you. He can be reached at BAHRAWY LAW OFFICES, 55 Main Street, North Andover, MA 01845 (978) 682-1141 or via Facebook private message.

As an elder law attorney, I frequently advise adult children who suddenly realize that they must step in to help an aging parent. Perhaps Dad has fallen behind on the bills, or Mom and Dad are no longer effectively managing their finances. Or Mom and Dad never wrote a Will. Unfortunately, opening a discussion on these topics can be can be uncomfortable. However, a reluctance to broach these subjects only results in procrastination. Failing to plan can be stressful and costly (both financially and emotionally. So how to open the subject? Tell Mom or Dad that you visited with a lawyer to draw your estate plan. That you are now unsure how to proceed. Then ask Mom or Dad " What did you do?"

Amending Wills and/or Trusts - Life is unpredictable. What is true or appropriate today may not be the case in the future. As times change, we make the appropriate changes. This also pertains to our estate planning documents, such as wills and trusts. Amending an estate plan keeps it up to date. However, this is not as simple as just taking a red pen to your will and crossing off the parts you don’t like and scribbling in changes. An experienced an competent estate planning lawyer will guide through the reasons to amend your estate planning documents and keep the process simple. Some examples of life changes include having a child, having more children, adopting a child, having grandchild(ren), acquiring new assets, the significant growth of your assets, falling out with friends, marital disputes, changes in estate planning and estate tax laws, significant changes in your health and entering into a personal or business partnership. These types of changes often call for a revision to your estate plan. Therefore, to keep your pan relevant and up to date it is imperative to have your estate planning documents reviewed every 3 years, Doing so assure that your plan is working in concert with the changes in your life. My office offers a complimentary 30 minute estate planning review. Creating and amending a Wiil and/or Trust requires that you are mentally competent and acting without undue influence. A Will is amended by a codicil. A codicil requires the same formalities as a Will. It is important to note that codicils are used to make minor changes to a Will. If changes are substantial, it is better to revoke the old Will and draft an entirely new one. As regards what to do with your old Will, consult your lawyer. In some cases destruction is appropriate in other cases an old Will should be retained to avoid future arguments over undue influence. Generally speaking, Trust amendments occur when there is a change to or addition of a beneficiary, a change to the disposition of assets owned by the trust or a change to the appointment of trustee(s). A simple amendment to a trust must explain the changes, specify the additions or deletions, and be signed and dated. If changes to the trust are substantial, the better practice is to restate the trust with all the changes included. This ensures that there will be no omissions. Please never detach a page from a trust, write or type new information over it, and put it back into the original document. Doing so invites a legal challenge to your trust. ​ To learn more or ask any questions, ​feel free to call me at 978-682-1141 or send me a Facebook Private Message. Thank you! ​.

A video in which I was asked to talk about elder care and elder law. These issues remain relevant today. Please watch the video and leave a comment. Thank you!
Eszter Vajda interviews Attorney Ramsey Bahrawy about elder care laws what every Baby Boomer and their family need to know. Hometown Talents and Treasures is...