Estate Planning Lawyers help in Protecting your Assets and Planning for your Business Succession
Our estate planning lawyers provide comprehensive services to deal with your assets during your lifetime and after death, which address the many concerns for you and your loved ones. It is important to have a skilled attorney periodically review your estate planning documents. Our firm offers a full range of up-to-date estate planning services designed to help you plan for the future, to protect your assets and to ensure that your wishes are followed.
Another estate planning consideration involves estate planning for business owners. Failure to provide a business succession plan can have far reaching consequences to a person’s estate. The simple matter of not having sufficient life insurance in place to buy out a deceased partner could result in having an estate as a business partner or could even result in the end of the business. Proper legal advice from our estate planning attorneys can ensure that the owner and beneficiary of buy-sell life insurance policies are the correct people in order to ensure that the business can continue in the hands of the remaining business owners.
Also with respect to business our estate planning attorneys can prepare proper joint venture agreements, operating agreements, and stockholders agreements that contain provisions which directly address the disposition of ownership interests in the event of the death or disability of a partner. Failure to properly do so will have far reaching effects on the beneficiaries of the estate of the deceased partner, and, often can result in the loss of the value of the business to the beneficiaries of the estate.
Estate Planning Attorneys help Families with Special Needs Children
People often realize that the use of an estate planning attorney is beneficial in dealing with beneficiaries who lack the legal or mental capacity to manage their own affairs. Children who are consider spendthrifts can be taken care of by placing their legacy in a spendthrift trust thus preserving the legacy for the health, education, and welfare of the child without permitting the child to frivolously dissipate the principal assets.
Our Estate Planning Law Firm can help you prepare a wide range of estate planning documents and tools, including:
Wills & Trusts
• inter vivos and testamentary trusts
• Revocable and irrevocable trusts
• Special needs trusts
• Gun/firearms trusts
Powers of Attorney and Living Wills
• Health care powers of attorney
• Durable financial powers of attorney
• Mental health care powers of attorney
• Living wills (Advance Health Care Directive)
Probate and estate administration
Will contest and probate litigation
Real Estate title transfers, deed transfers
Guardianships – Regretfully, a parent or family member, because of age, sometimes becomes unable to handle his or her affairs. It is therefore vital that you or another family member be legally appointed by the court as the person that ensures that your loved one receives proper medical care and that his or her assets are protected. Let our expert attorneys handle this legal process for you so you can devote your time and attention instead on caring for your loved one.
At Carosella & Associates, P.C., we strive to meet the needs of our clients in a compassionate and efficient manner. We have significant experience in providing a full range of estate planning services, including dealing with the various probate and estate administration issues facing our clients.
For more information on how we can put our experience to work for you, contact us today for a confidential consultation with our estate planning lawyers in West Chester, PA.