North Wales Estate Planning
Skilled Estate Planning Attorneys in PA Help Clients with Strategic Estate Planning to Benefit Their Families
When you have worked hard to build assets and wealth, it is critical that you and your family engage in the estate planning process to provide security and peace of mind for your family. Regardless of the size of your estate, estate planning can provide effective protection and instruction for your family.
At Rubin, Glickman, Steinberg & Gifford, our North Wales estate planning attorneys have been helping families across Pennsylvania preserve wealth for over 65 years. We strive to help you and your family choose an estate plan that specifically meets your wishes and helps you provide for the best interests of your loved ones.
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Contact us today to schedule a free consultation to speak with us about your and your family’s circumstances and your estate planning goals and to learn more about your rights and options and how we can help you craft a tailored estate plan for you and your family.
Estate Planning Tools in North Wales, PA
At Rubin, Glickman, Steinberg & Gifford, our estate planning attorneys have helped clients establish strategic, tailored estate plans utilizing estate planning tools such as:
- Wills — Wills allow you to appoint a person to serve as the executor or personal representative of your estate following your death, and to direct who will receive distributions of the assets that you leave behind; you can also appoint a guardian for your minor children if their other parent is unable to care for them.
- Trusts – Trusts are an important tool that can allow you to preserve and grow the value of your wealth by avoiding the time and expense of taxes or probate. Trusts, which come in a wide variety of forms, can also be used to direct how your wealth is passed onto your children or loved ones, provide for children with special needs, protect your and your family’s eligibility for government programs, or protect your family’s wealth from creditors.
- Power of attorney – Under a power of attorney, you can appoint someone to have authority to make decisions on your behalf in financial, property, legal, personal, or medical matters. Although a power of attorney normally terminates if you become incapacitated from making decisions for yourself, a durable power of attorney can continue past or be triggered by the onset of incapacity.
- Living will – A living will is a document that allows you to communicate to your family members or your health care proxy your wishes regarding end-of-life medical decision and other matters concerning end-of-life and your passing (such as preferred funeral and burial arrangements).
Get Advice From An Experienced Estate Planning Attorney. All You Have To Do Is Call 215-822-7575 To Receive Your Free Case Evaluation.
North Wales Estate Planning Lawyers at Rubin, Glickman, Steinberg & Gifford Can Help You Build Estate Plans Tailored to Your Family
When you choose us to help you with your estate planning needs, you can expect that our legal team will take the time to get to know you and your family and understand your needs and goals so that we can help you develop an estate plan that will appropriately address your family’s objectives. We can recommend estate planning strategies and tools if you are seeking to:
- Avoid estate taxes or the expenses of probate
- Preserve your wealth to pass onto children or grandchildren when they reach a certain age
- Provide financial resources for a disabled family member
- Preserve your or your family member’s eligibility for Medicare, Medicaid, or Social Security benefits
- Protect your assets from creditors or other expenses
You can trust that we will ensure that you and your family have an estate plan that preserves and passes on your hard-earned wealth.
Schedule a Free Consultation to Talk to an Estate Planning Lawyer about Your Legal Rights and Options Today
After you’ve put in a lifetime of hard work building assets and wealth, you understandably will want to protect what you’ve built for yourself and your family. Careful, strategic estate planning can help preserve the value of your assets and wealth and allow you to pass them on to loved ones after you are gone. Contact Rubin, Glickman, Steinberg & Gifford today to schedule a free, confidential case evaluation to talk with a North Wales estate planning attorney about your rights and options for an effective estate plan.
About North Wales, PA
North Wales is a borough and suburb of Philadelphia located in Montgomery County, PA. North Wales is one of three communities, along with Lansdale and Hatfield, that historically make up the North Penn Valley region. North Wales grew from a rural community established by Welsh settlers into a commuter suburb for the cities of Allentown and Philadelphia beginning with the introduction of rail lines to the cities in the mid 19th century. Many of North Wales’ residential architecture was built during the latter half of the 19th century and into the early part of the 20th century, and is today preserved through the North Wales Historic Preservation District, the first historic district in the North Penn Valley region.
Frequently Asked Questions about Estate Planning in North Wales, PA
First, you should gather all of your financial information, including records of all bank, brokerage, pension, annuity, and retirement accounts, all deeds, titles, and mortgages to property, and potentially a listing of other assets including safety deposit boxes or other valuables like art or jewelry. You should also provide a list of your professional advisors, including your lawyers, accountants, bankers, and financial advisors. Next, you should also gather contact information for the person or persons you wish to appoint as executor of your estate or guardian for any minor children; also gather the contact information for all the beneficiaries and heirs you wish to leave assets to so that they can be properly identified by your executor or administrator.
In a will, you can designate someone to serve as the executor of your estate, responsible for managing and winding up your affairs, paying off your debts and other liabilities, and distributing your assets to your beneficiaries and heirs. A will is primarily used to designate how the assets you leave behind in your estate are to be used to pay off your outstanding debts and liabilities and to designate the persons who are to receive the remainder of your estate’s assets after your liabilities have been satisfied. Finally, if you have minor children, you can designate someone to serve as guardian for your children in the event their other parent is deceased or unable to parent.