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Estate planning is a crucial step in securing your financial legacy and ensuring your loved ones are taken care of after you’re gone. For residents in Pennsylvania and New Jersey, an irrevocable trust could be a pivotal element of a well-structured estate plan. This guide explores the basics of irrevocable trusts, their benefits, and how […]

A revocable trust is a powerful tool in estate planning, offering flexibility and control over your assets during your lifetime and ensuring they are distributed according to your wishes after your passing. This guide will walk you through the basics of revocable trusts, their advantages and disadvantages, and when they might be the best choice […]

Petrelli Previtera LLC is excited to announce the promotion of Alicia Reiff to partner, effective August 2024! Alicia, who has been a powerhouse at the firm since 2020, continues to bring her exceptional expertise in divorce and family law to clients across Pennsylvania. “Alicia’s promotion to partner is a testament to her relentless dedication and […]

Setting up a living trust in Pennsylvania can be a key step in your estate planning process. A living trust, particularly a revocable trust, offers unique advantages that can protect your assets, provide privacy, and ensure your wishes are carried out with minimal court interference. This guide will walk you through the purpose of a […]

Navigating the probate court process can be complex and emotionally challenging, but understanding what probate court is and when your case may end up there can help you prepare. In this guide, we’ll break down the essentials of probate court, what types of cases typically go through probate, and how to get ready for your […]

Understanding the Probate Litigation Process Probate litigation often arises when there are disputes over a will or the administration of an estate after someone passes away. It’s not just a legal process; it’s a deeply personal matter that can bring long standing family tensions to the surface. Imagine a scenario where a loved one’s will […]

Estate planning might sound daunting, but it’s essentially about planning for the future, ensuring your wishes are followed, and making things easier for your loved ones. In this guide, we’ll cover the essential documents you need to create a comprehensive estate plan in Pennsylvania, helping you protect your assets and provide for your family. Estate […]

Everyone has his or her own idea of what divorce looks like.  They have fored this picture from either a television show or movie they’ve watched or from a friend who has been the through the process.

Protecting Assets from Lawsuits or Creditors in Pennsylvania Protecting your assets from lawsuits or creditors is critical to financial and estate planning. Whether you’re facing potential legal challenges or want to safeguard your wealth, several strategies can be implemented in Pennsylvania: Establish a Trust for Asset Protection Setting up an irrevocable trust can protect your […]

Avoiding Probate in New Jersey Navigating the maze of estate planning and probate court can be daunting, but with the right strategies, you can streamline the process for your loved ones. This guide focuses on strategies you may be able to use to avoid probate in New Jersey ensuring your assets pass smoothly to your […]