Estate Planning And Legacy Financial Planning Attorneys In Pittsburgh
The future health and well-being of your family is one of the most concerning topics when it comes to planning the distribution of your estate someday. When you arrange an estate plan that coordinates possessions with a deep concern for your close family, you can be confident that their future will be protected from unnecessary problems based on any ambiguity of the will or trust. If there is no plan in place, this cannot be assured in the same manner. Owning businesses or property can make the process slightly more difficult, but this will help salvage the future of your family.
At the Temple & Frayer Law Office, attorney Dale P. Frayer is proud to be AV rated*, and we serve our clients in many different ways and through many different avenues, depending on the situation. The following are ways in which we can serve you:
Protecting your assets from lawsuits is a critical part of estate planning and one that involves determining your current and future financial position. Asset protection planning should be initiated before a lawsuit is filed.
Strategies used to help protect wealth for generations while also working to minimize estate and income taxes are known as advanced estate planning. This is more complex but can be exponentially beneficial.
In order to plan for any future cases of disability, or if you have a loved one who is on the road to a disability, it is important that they are financially and physically protected in case they can no longer provide for themselves.
The rules of long-term provisions and care of the elderly are laid out in the state’s elder laws. Elder laws include eligibility for Medicaid and all legal rules that concern the elderly. It also helps families determine the best way to care for their loved one, whether in their own home, a nursing home or another situation entirely.
Estate administration concerns inheritance tax returns, estate tax returns, fiduciary income tax returns, real estate sales and arrangements for appraisals. It involves the handling of an estate post-death and the handling of a will and testament.
The process of estate planning goes further than just situations involving future death; it also includes situations of disability. If a person becomes disabled and can no longer provide for themselves, estate disability planning directs others to handle bill payments and the management of their affairs when they can no longer do so.
If you have divorced and remarried, it is especially important for you to meet with a legal professional who can help you create a solid estate plan that takes your current wishes and desires into consideration.
Regardless of whether you have few or many assets, you must take estate and inheritance taxes into consideration when planning for the future of your estate. Learn more about federal and Pennsylvania estate taxes.
The handling of trusts is a very important step of estate administration. It is a complex matter and can cause a lot of tension among family members. Trust administration occurs over a period of time and is not given all at once. A lawyer will have to be appointed to carry out the process of administration of the trust. If you are a trustee or beneficiary of the trust, you should enlist the help of a lawyer to determine your rights and obligations with regard to the trust.
There are many reasons why more and more people are thinking ahead to their funeral and prepaying certain expenses. To learn more about funeral planning and things you should consider before you agree to prepay for a funeral service, call our firm.
When you decide how to split your inheritance, there are certain factors that you must take into consideration. We have provided helpful information about how you can plan for your inheritance.
A power of attorney (POA) is an authorization to represent another on behalf of legal matters and their own private affairs. It is a step to protect yourself in the case that you become incapacitated. The appointed person will make sure your bills are paid and banking is completed properly.
Probate is the process of handling a deceased person’s estate and administering the provisions. The terms of probate are laid out in the deceased person’s will. A lawyer can be a valuable adviser for handling issues of probate because it is a complex matter and requires time and patience.
It is an unfortunate fact that many people overlook the importance of retirement planning until it is too late. To learn how you will benefit from early retirement planning and how it will correspond with your estate planning efforts, talk to a lawyer at our firm today.
A trust is a flexible distribution of assets after a providing family member has passed away. It is a way to ensure that the money is being spent over a vast period of time, rather than all at once. They can also be used to prevent probate.
A will is a tool used to handle the distribution of an individual’s estate. An attorney can write the will per an individual’s specified requests. An attorney will also do all he or she can to make sure the content of the will does not cause unnecessary problems later down the road.
Instead of waiting to give away money or assets until after you pass away, our firm is a big advocate of giving away money and assets while you are still living. Learn more about how you can do this right now and how your estate will benefit!
The Importance Of A Trusting Lawyer-Client Relationship For Estate Panning And More
The issue of estate planning is a matter that should not be taken lightly. It involves complex situations that need to be thought about and taken into consideration before any planning actually occurs. Future needs have to be predicted and then turned into a flexible plan that takes into account family members’ situations after one’s death.
Many lawyers can rush through the process without being fully aware of the family’s unique needs and requirements, and that is what our firm tries to avoid. At Temple & Frayer, professionals will listen well and talk about your individual needs.
We understand that your situation is different than that of others, and we will look for the best solution for you. At the same time, our team can use our knowledge and experience to your advantage. Our Pittsburgh estate planning lawyer has been working in this field since 1975. Because of this, we have a broad and deep understanding of all the different areas of estate planning law and elder law. Attorney Dale P. Frayer is a member of the Allegheny County Bar Association and has been admitted into the Supreme Court of the United States and the United States Court of Appeals for the 3rd Circuit.
With compassion, we take a personal approach to your situation to help you through the process of estate planning so that an efficient trust and will can be made. Review our helpful estate planning FAQ and call anytime to schedule an appointment with a trustworthy legal professional.
We Value Your Long-Term Satisfaction
If you are concerned about the future of your fortune and estate, then we invite you to consider hiring an attorney from our Pittsburgh estate planning firm today.