Montgomeryville Estate Planning Lawyer

Experienced Estate Attorneys Help Clients Prepare and Plan for Their Families’ Futures in Montgomeryville, PA

Although people may frequently think of estate planning as simply writing a will once one reaches his or her retirement years, the reality is that estate planning can be much more comprehensive, depending on the value of one’s assets and one’s goals and wishes. In addition, it is impossible to predict when life may take a turn for the worst or when catastrophe may strike. That is why it is important for every person to at least have a basic estate plan to help their loved ones know what one’s wishes are and to ensure that people one trusts are placed in charge in the event of an emergency. 

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If you are considering an estate plan for yourself or a loved one, contact the estate planning attorneys at Rubin, Glickman, Steinberg & Gifford, P.C. today to schedule a free case evaluation to discuss your estate planning options and to learn more about how our firm can help you craft an estate plan that best protects you and your family. 

Examples of Estate Plan Tools in Pennsylvania

It is highly advisable that every person prepare at least a basic estate plan, which can help ensure that people you trust can take care of you if you are unable to manage your own affairs, that your wishes are followed after your death, and that your family can avoid unnecessary delay, discord, or expenses. A basic estate plan should include documents such as:

  • A will, which names an executor to handle your estate and designates what happens to your assets after your death 
  • A living will, which spells out your end-of-life wishes
  • A durable power of attorney, which names someone to take care of your finances and personal affairs if you are unable to do so yourself
  • A health care proxy or power of attorney, which names someone to make medical decisions for you if you are disabled from doing so

Get Advice From An Experienced Montgomeryville, PA Estate Planning Attorney. All You Have To Do Is Call 215-822-7575 To Receive Your Free Case Evaluation.

Based on your financial situation and your goals and wishes, you may wish to consider engaging in more extensive estate planning, including setting up trusts. Trusts can be used to manage your money and assets during your lifetime; they can also provide a mechanism for you to transfer your assets to loved ones following your death without the need to go through the expensive and time-consuming probate process. Trusts may also have the added benefit of reducing your tax liability. There are multiple types of trusts, each with certain benefits and rights afforded to the maker of the trust (called a grantor) and the beneficiaries of the trust (who may or may not include the grantor) who receive payments of net income of trust assets or trust principal according to the terms of the trust. It is also possible to combine trusts and a will as part of an overall estate plan.

Compassionate Attorneys of Rubin, Glickman, Steinberg & Gifford, P.C. Work Tirelessly to Protect the Interests of Our Clients and Their Families

Estate planning can serve many different interests both during your life and after you pass away. At Rubin, Glickman, Steinberg & Gifford, our Montgomeryville estate planning lawyers take the time to get to know you and your family and understand your goals and wishes so that we can present you with the estate planning options that will best serve you. We can make sure that your estate plan protects your hard-earned assets both for yourself and your family during your lifetime and for your descendants after you pass away, and ensures that your family is fully informed of your wishes when you are no longer able to communicate them to your loved ones. We can also help you build a fully-integrated estate plan that works in concert with the estate planning of family members, such as your spouse, parents, or children.

Contact Our Firm Today To Schedule a Free Consultation with Our Montgomeryville Estate Planning Attorneys

If you have questions about how to protect your hard-earned assets or wealth so that you can ensure they can be enjoyed by your and your family for years to come and passed onto your loved ones following your death, you need to speak to an experienced attorney about drawing up an estate plan for yourself and your family. Schedule a free, no-obligation case evaluation with the Montgomeryville estate planning lawyers of Rubin, Glickman, Steinberg & Gifford today to discuss your options and learn more about the ways our firm can help you protect your assets and prepare for your future.

About Montgomeryville, PA

Montgomeryville is a Census-designated place and community located in Montgomery County, Pennsylvania. A suburb of approximately 12,600 residents located 30 miles from the city center of Philadelphia, Montgomeryville sits in the North Penn Valley region of southeast Pennsylvania. Montgomeryville frequently ranks among the best Pennsylvania communities to live in; a 2010 Forbes survey ranked the community fifth on a list of the top 10 most affordable suburbs in Pennsylvania. 

Frequently Asked Questions about Estate Planning in Montgomeryville, PA

FAQ: When should I consider drawing up an estate plan?

There is no definitive answer to when any particular person should develop an estate plan. However, death or disability could happen to any of us at any moment. That is why any person should consider at least having a will, health care proxy, and durable power of attorney in place. If you have significant assets or a spouse and children who depend on you, you should seriously consider working with an estate planning attorney to begin developing a more in-depth estate plan to ensure you protect your assets to be passed on to your loved ones.

FAQ: Do I need to change or update my estate plan?

At a minimum, you should consult with an attorney about making updates or changes to your existing estate plan when you experience a significant life event, such as purchasing a home, starting a business, coming into a significant sum of money (such as through inheritance, work bonuses, or lottery/gambling winnings), having children or grandchildren, getting married or divorced, or being diagnosed with a serious illness or medical condition.