Meghan McNulty Law

Estate planning is the process of arranging for the management and disposal of a person’s estate during their lifetime and after their death. It involves making decisions about how assets will be distributed, who will inherit them, and who will be responsible for managing them.

Estate planning provides peace of mind by ensuring that one’s affairs are in order, their loved ones are provided for, and their legacy is preserved according to their wishes.

Business succession planning is the process of identifying and preparing individuals to take over the leadership and ownership of a business when the current owner(s) retire, become incapacitated, or decide to exit the business for any reason. It involves developing a comprehensive strategy to ensure a smooth transition of management and ownership while preserving the continuity and viability of the business.

Business succession planning is essential for the long-term sustainability, growth, and prosperity of a business. It enables businesses to navigate transitions effectively, preserve value, and seize opportunities for continued success.

Long-term care planning involves preparing for the possibility of needing assistance with activities of daily living (ADLs) or medical care over an extended period, typically due to aging, chronic illness, disability, or cognitive impairment. Long-term care can encompass a range of services and support, including assistance with bathing, dressing, eating, medication management, and mobility.