WILLS & TRUSTS
Thinking about your mortality is understandably not a pleasant undertaking, and that might be one reason why studies have shown that only about a third of American adults have a valid will or other estate planning documents in place.
However, without proper preparation, you run the risk of having your assets distributed by a court in accordance with Pennsylvania’s laws on intestacy, and this could result in arrangements that are less than ideal for your loved ones.
Our experienced attorneys will work with you to tailor a plan that meets your specific needs and objectives. We can help you with the preparation and review of:
- Wills
- Living Trusts
- A variety of irrevocable trusts
Wills
A will won't only address whom you want your assets to go to after you pass away. It can also allow you to appoint a trusted person to act as a guardian for your minor children in the event of your death.
Trusts
A properly prepared trust can allow assets that have been transferred to it to be distributed to its beneficiaries without having to go through a lengthy probate process. In addition, trusts can be designed to be a part of your charitable giving program, and they can be used for the benefit of disabled loved ones without jeopardizing their government benefits.
Reviews & Updates
Even if you have an existing plan, we recommend that it be reviewed periodically to ensure that it still complies with your wishes. Certain life events, such as a divorce or the birth of a grandchild, may require an update to one or more of these documents.
