The thought of writing a Will can be scary, but think about how happy you would be knowing everything is set and in order!
Our trusted attorneys will help you obtain a Will so that you can make sure to have it completed. Writing up a Will can be a dreadful process, so might as well let us help you get it over with.
THINKING ABOUT COMPLETING YOUR WILL TODAY? HERE'S WHY YOU SHOULD.
REASONS TO HAVE A WILL
A Will is a written declaration of the desired distribution of your assets following your death. Die without one, and the state decides who gets what, without regard to your wishes or your heirs’ needs. If you die without a Will, the law deems that you have died “intestate”, meaning that you have left no instructions as to how you want your assets to be distributed and by whom. In addition, the court appoints an administrator, who may not be the person of your choice, to distribute your assets. Spouses may not be entitled to all of your assets, and partners without the benefit of marriage, stepchildren, unadopted children, and friends are all excluded under Pennsylvania intestacy laws.
A Will enables you to:
Direct the management and distribution of your assets
Make gifts to a non-family member such as a partner, friend, stepchild, or unadopted child
Select a person of your choice to manage your Estate (Executor)
Select for the care of your minor children (Guardian)
Select a person to handle the financial management of your minor child’s inheritance (Trustee)
Select the age at which your child receives an inheritance without a trustee
Distribute your Estate in unequal shares among your children based upon need or other factors
Make specific gifts of real estate, a business, or personal property such as collectibles, sporting
goods, vehicles, jewelry, or family heirlooms to family members or friends
Make a gift to your favorite charity
Creating a will and getting started with your estate plan is one of the most thoughtful things you can do for your loved ones. If you're considering taking that first step towards protecting your family, contacting one of our experienced estate planning attorneys is a great place to start.