Estate planning is about more than just deciding how your assets will be distributed after your passing. A well-crafted estate plan can reduce your tax burden, clearly outline your preferences for medical care, and even appoint guardians for your children or pets. It’s a thoughtful way to protect your legacy and ensure your wishes are honored in every aspect of your life.
The world of estate planning is difficult to navigate — and it’s often emotionally charged as well. The Abington, PA, estate planning lawyers at Petrelli Previtera, LLC, are here to help you prepare for the future, secure your finances, and give yourself and your loved ones priceless peace of mind.
If you have questions about the process or are ready to get started, get in touch with our team to schedule a consultation today.
How Our Abington, PA, Estate Planning Lawyers Can Help You
Every estate is unique, and we don’t believe in one-size-fits-all plans. Our attorneys work with you to craft a personalized estate plan that meets your specific needs. Here are some of the ways we can assist you:
Wills
A will is the foundation of most estate plans. It lets you specify how your assets will be distributed, name an executor, appoint guardians for minor children or pets, and provide instructions for funeral arrangements. Wills should evolve with your life, and our Abington, PA, estate planning lawyers can help you keep yours up to date.
Trusts
Trusts are powerful tools for protecting assets and supporting your loved ones. We can help you explore options like:
- Marital trusts: Pass assets to your spouse.
- Life insurance trusts: Reduce taxes on life insurance payouts.
- Special needs trusts: Provide for a disabled loved one.
- Charitable remainder trusts: Support a favorite cause while generating income.
Our team will guide you in selecting the trust that best fits your goals.
Powers of Attorney
Designating a power of attorney allows someone you trust to handle your finances, healthcare, or other matters if you’re unable to do so. Whether you need a broad or specific power of attorney, we’ll help you create one tailored to your needs.
Living Wills and Advance Directives
A living will outlines your preferences for medical care, such as whether you wish to remain on life support. This document, along with a medical power of attorney, ensures your wishes are respected and gives peace of mind to loved ones.
Probate and Estate Administration
If you’re managing a loved one’s estate, navigating probate can be overwhelming. Our experienced attorneys provide the guidance and support you need to settle the estate efficiently, even during challenging times.
Choosing the Right Estate Planning Lawyer
When selecting an estate planning lawyer in Abington, PA, look for:
- Extensive experience with estate planning.
- Positive client reviews and transparent pricing.
- A personalized approach and clear communication.
Not sure if we’re the right fit? Schedule an initial consultation to learn how we can help you create an estate plan to protect your future.
Frequently Asked Questions About Estate Planning
These are some of the questions our Abington, PA, estate planning lawyers receive most often from prospective clients:
Don’t I Only Need an Estate Plan if I Have Considerable Assets?
This is an unfortunately common misconception. While someone of considerable means may have a more complex plan, everyone — regardless of wealth or economic status — can benefit from having a well-devised estate plan in place.
Can’t I Just Print Out a Will Online?
You can, but pre-formatted wills aren’t tailored to your unique situation. The language employed is often vague enough to cause problems with interpretation. And depending on how you create an online will, it may not be legally enforceable, making it effectively worthless.
What if I Die Without an Estate Plan?
If you pass away without an estate plan, state law dictates how your assets will be distributed. The outcome might not align with your wishes or those of your loved ones.
What Kinds of Documents Are Included in an Estate Plan?
Most estate plans include a will, a living will (or advance directive), and powers of attorney. Depending on your needs, your estate plan might also contain one or more trusts.
Work With a Trusted Team of Abington, PA, Estate Planning Lawyers
Many people make the mistake of thinking that creating an estate plan is as simple as typing up a will. However, a truly comprehensive estate plan will create security for you and your family both now and in the future.
We understand that the process of creating an estate plan can be confusing if you don’t have a legal background. That’s why our Abington, PA, estate planning lawyers are committed to making the process as simple and frictionless as possible.
Ready to discuss your estate planning needs? Please contact Petrelli Previtera at 215-645-4297
We firmly believe that estate planning is for everyone. No one is too wealthy, too financially insecure, too young, or too old to have a customized estate plan. If you’re interested in learning more about the many advantages a robust estate plan can offer you, contact Petrelli Previtera, LLC, today to book your consultation.