Philadelphia Wills and Trusts Attorneys

Estate planning isn't just for the wealthy or elderly. No matter what stage or station you are at in your life, it is important to plan for the future and consider the options available to protect against the unexpected.

Contact our Philadelphia wills and trusts lawyer with your questions about wills and trusts, asset preservation, estate taxation and other issues.

Media, Pennsylvania, Estate Planning Law Firm

The attorneys at Berman & Asbel will work closely with you to truly understand your circumstances and expectations so that we can create an estate plan that is specifically tailored to your particular needs. Our attorneys are also skilled at using techniques that allow for flexibility to save on estate taxation.

There are a variety of wills and trusts available to plan your estate, including:

• Simple and pour-over wills
• Living wills and durable powers of attorney
• Living trusts
• Testamentary trusts
• Irrevocable and revocable trusts and wills
• Guardianships

These different kinds of wills and trusts can be used in specific ways to maximize the proceeds of your estate, to better benefit your estate's beneficiaries.

For example, if you have young children, it is crucial to designate their guardian. If you do not, the state will. Further, when designating a child as a beneficiary of your life insurance policy or leaving your children other money and assets, your children will benefit from a trust that will administer the proceeds. Such a trust must be created as part of your will before your death. It will not only ensure your children are responsibly taken care of after you are gone, but will prevent excessive taxation on what you leave to your children.

Delaware County, Pennsylvania, Living Testamentary Trust Lawyers

Estate planning is an ongoing process — it requires attention when your family's circumstances and needs change. Attorneys at the law firm of Berman & Asbel will listen to you and then use their knowledge, skill and the several legal documents and tools available, including wills and trusts to create an effective estate plan that best serves your family's needs.

Whatever your estate planning needs, contact our Delaware County, Pennsylvania, living testamentary trust attorney [Link to Contact Us] to discuss the best options for you and your family.