Advanced estate planning can be highly beneficial if something unexpected or tragic occurs. Establishing a trust or estate plan allows a person to prepare for the circumstances when they pass away or if they can no longer care for themselves. A knowledgeable and experienced estate planning lawyer can help create a solid plan for handling either of these situations.
MPL Law Firm’s wills and estates lawyers can help you make all the right choices. We can assist you with establishing a plan that covers all your desires, regardless of your estate’s size. We also offer representation to recipients of wills or trusts requiring counseling.
Estate and Trust Planning Legal Services
MPL Law Firm’s high level of personal attention is the backbone of our success. We begin with a thorough discussion to determine your goals and expectations when creating your estate plan. We believe developing a solid attorney-client relationship and understanding your objectives are critical to delivering the most desirable results.
At MPL Law Firm, we understand that no standard solution can accommodate every estate plan’s needs. Because each situation is different, we provide a customized approach to each endeavor we undertake, whether you need to set up a simple will or establish an extensive trust. During our more than 30 years of service, we have developed a reputation for excellence throughout Central Pennsylvania in all phases of trust and estate planning law.
Some of the trust and estate planning services we offer include:
- Wills: A will empowers someone to choose who they want to inherit their money, assets and property after they pass away, and who will be responsible for overseeing that process.
- Trusts: A trust, unlike a will, allows surviving family members to avoid the probate process after a family member passes away. Trusts often remain private and stay out of public records. Trusts can also include provisions to lower estate taxes, helping family members maximize more on what they inherited and work for people who own larger estates.
- Powers of attorney: Choosing someone trustworthy to hold medical and financial powers of attorney gives a person more control over their interests and ensures their wishes come about when they pass away. A financial power of attorney authorizes an individual to make financial decisions, while a medical power of attorney allows someone to make medical decisions.
- Healthcare Declarations and Living Wills: A healthcare declaration or living will allows a person to specify their preferences for future health care treatments if they become unable to communicate.
Our team can help you create these documents and perform the requirements to make them legal.
Estate and Trust Administration
Estate and trust administration involves finalizing a deceased person’s financial affairs. It entails accumulating the decedent’s assets, paying all debts and taxes and distributing the remaining assets according to the estate plan. If an appropriate estate plan does not exist, is likely to be time-consuming and costly. Having the proper estate plan in place not only ensures the right beneficiaries inherit, but can also save the family a great deal on taxes, offer asset protection from creditors, and protect against a loss of public benefits for disabled beneficiaries.
MPL Law Firm’s attorneys have extensive knowledge and experience handling all estate and trust administration issues, including representing clients in probate court. Our comprehensive services include insightful guidance from probate initiation to estate resolution to any future tax implications. In addition, we can provide guidance and insight for trustees and ensure adherence to all their required duties.
Estate and Trust Dispute Resolution
When family members face disputes over a will, trust or estate, it’s imperative to avoid formal litigation, as funds and inheritances can diminish severely from attorney fees and court costs for both sides. An experienced trust and estate lawyer can help mediate these issues early, potentially saving time, money and lifelong relationships.
If faced with litigation, our vast experience allows us to help our clients decide whether to sue, defend or settle. Our attorneys bring an aggressive approach to litigation of trust and estate disputes to recover assets and highlight wrongdoing, ensuring you receive everything you’re entitled to while protecting you if you face any challenges.
Schedule an Estate Consultation With MPL Law Firm Today
If you’re considering creating an estate plan and are unsure where to start, the team at MPL Law Firm can help. Developing a strategy with a reputable and experienced law firm can provide the security you need should something unexpected occur. Call 717-845-1524 or connect with us online today to arrange for a consultation.
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