Attorneys at Law
Practice Areas
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Practice Areas
Estate Planning
While nobody wants to think about death or disability, establishing an estate plan is one of the most important steps you can take to protect yourself and your loved ones. Proper estate planning not only puts you in charge of your finances, it can also spare your loved ones of the expense, delay and frustration associated with managing your affairs when you pass away or become disabled.
Asset Protection
Over 19 million new lawsuits are filed in the United States every year, many of which are frivolous or settled for sums greater than the actual liability.
Business owners, professionals, and property owners in particular should be aware of the risk associated with conducting their business, practicing in their respective fields, and taking responsibility for others.
Elder Law / Medicaid
The high cost of long-term care has made planning a critically important issue for most middle class seniors and their families. In fact, most seniors will likely require some form of long-term care. Sadly, many of them are unprepared for the significant financial burdens it places on their family’s hard earned savings. Financial devastation looms large for a family facing ongoing care at a rate of $10,000 or more per month.
Special Needs Planning
If you currently provide care for a child or loved one with special needs (such as mental or physical disabilities), you must have contemplated with concern about what may happen to them when you are no longer able to provide and care for them.
While you can certainly provide in a will that they receive money and assets, such a bequest may prevent them from qualifying for essential benefits under the Supplemental Security Income (SSI) and Medicaid programs.
Probate and Estate Administration
When a loved one passes away, his or her estate often goes through a court-managed process called probate or estate administration where the assets of the deceased are managed and distributed. If your loved-one owned his or her assets through a well drafted and properly funded living trust, it is likely that no court-managed administration is necessary, though the successor trustee needs to administer the proper distribution of the deceased's assets.
Small Business Planning
Owning a business takes time, dedication and a lot of hard work. For small business owners, their business plays a huge role in their daily life. That being said, it is important to insulate personal assets from debts incurred by the business. In order to do so, business owners should first choose the type of entity that fits them personally and professionally.
JOSEPHINE L. VEGLIA concentrates her practice in the areas of Estate Planning and Probate Administration , Elder Law, Special needs Planning and related practices of real estate and general business planning.
She was admitted to practice in Massachusetts after having earned her Juris Doctorate in 1984 from Suffolk University Law School. She is admitted to practice before the U. S. Supreme Court .
She is a member of the Massachusetts Bar Association and has been a member of the National and Massachusetts chapter of NAELA (National Association of Elder Law Attorneys) since1994. She is currently serving as the Second Vice President on the Executive Board of Tri Valley Inc, and has been a member of Tri Valley’s Board of Directors since 2001. She has also been a member of Tri Valley’s Advisory Board for the Money Management Program since 1998.
Disclaimer
Material presented on the Durbin + Veglia website is intended for information purposes only. Transmission of the information and material herein is not intended to create, and receipt does not constitute, an agreement to create an attorney-client relationship with Durbin + Veglia. The services of the competent professional should be sought if legal or other specific expert assistance is required. Any unauthorized use of material contained herein is at the user's own risk. ©
2020
Durbin & Veglia
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