The assets and property interests you leave behind make up your estate. It is necessary to take the time to plan how your estate will be handled. If you die without a will, the laws in the state where you live at the time of death control the distribution of your assets regardless of what you may have intended.
The estate planning process can be a complex and emotional one, but the attorneys at Pfeiffer Bruno can make the process smoother by providing quality personal attention to each client. Our attorneys counsel clients on all aspects of their estate planning matters and are dedicated to achieving client objectives. Our firm handles these types of estate planning matters:
- Wills: A will is a legal written document that directs how you want your assets to be divided after your death. It can be rewritten as often as you would like. Depending upon your situation, wills can be simple or complex. Even a person with limited assets should have a will.
- Trusts: There are many types of trusts available depending upon your needs. These include special needs trust dealing with disabled family members, asset trusts for minors, trusts for second spouses, and tax planning trusts.
- Power of attorney: A power of attorney is a document that allows one or more persons to act on your behalf if you no longer can do so. The power may be limited or more general in application. If someone is named in a power of attorney, that person is often referred to as your “agent” or “attorney-in-fact.” Your agent can take any action permitted in the power of attorney document.
- Health care power of attorney: A health care power of attorney is a document that allows one or more persons to act on your behalf to make medical decisions if you can no longer do so. If someone is named in a power of attorney, that person is often referred to as your “Health care agent” or “Health care attorney-in-fact.” Your agent can take any action permitted in the power of attorney document.
- Living wills: A living will is also known as an advance directive. It is a legal document that informs health care providers and family members about your desire for medical treatment in the event that you are in a terminal state, unconscious, or not able to speak for yourself.
The estate planning attorneys at Pfeiffer Bruno can help you control how your assets are distributed among family and friends, not the state. Contact us today in PA at 610-258-4003 and in NJ at 908-454-7100 or email us to schedule your free consultation.