Pittsburgh Estate Planning Attorneys
Creating an estate plan is an important step in protecting your family from the unexpected. An estate plan may involve a variety of legal documents, including a last will and testament, a durable power of attorney, and/or a living will. A trust may be necessary to ensure that your family’s financial interests are protected, and that asset distribution is handled according to your interests. Our attorneys have the experience to handle the most complex Pittsburgh estate planning and administration details.
Pittsburgh estate planning and administration attorneys of Schmidt Bresnahan Law Group understand that thinking about mortality can be a very difficult process. As compassionate estate planning lawyers, we will help you through creating your will and a comprehensive estate plan, tailored to your situation to give you peace of mind.
There is no one-size-fits-all estate plan. Our attorneys will analyze your complete asset and financial structure and provide advice concerning what planning tools best meet your goals and interests.
What Is Your Estate?
Your estate consists of everything you own, including your home, bank accounts, savings accounts, business holdings, investment accounts, property, and other assets. In addition to what you own, your estate also encompasses your minor children and pets.
What Is Included in an Estate Plan?
Generally, five items are included in an estate plan:
- A will or trust. Your last will and testament details how you want to divide your property and assets when you die.
- Beneficiary forms. Beneficiaries can inherit your property and assets without a will if you wish. This is achieved by naming beneficiaries to your financial accounts.
- A living will. This is often paired with a health care power of attorney. It provides instructions on what kind of medical care you would like to receive if you were ever to become incapacitated.
- Durable powers of attorney. Powers of attorney are individuals you choose to act on your behalf if you are unable to do so due to an illness or injury. You can appoint one or multiple individuals.
- Letter of intent. This is a letter left to the executor of your will that provides information about your final wishes after you die.
Helping Families Through a Difficult Time
Many individuals do not know where to turn after the death of a loved one. During this time of grief, you might be faced with an overwhelming amount of demands. We know how hard it is to face the probate or estate administration process and are happy to help.
Our Pittsburgh estate planning lawyers have experience assisting both individuals and family members through the sometimes-cumbersome process of wrapping up an estate in Pennsylvania. We are experienced in all aspects of estate and trust administration. We are here to take the legal burdens off your shoulders during this difficult time.
Protect Your Assets with Proper Estate Planning
Creating a comprehensive estate plan is crucial for protecting your assets and ensuring your wishes are carried out in the event of incapacity or death. Our experienced Pittsburgh estate planning attorneys can guide you through the estate planning process and help you create a plan that reflects your unique needs and goals.
Our Pittsburgh estate planners can help with:
- Wills and trusts
- Advance directives for healthcare
- Powers of attorney
- Guardianship designations
- Asset protection strategies
By working with our team, you can have peace of mind knowing that your assets and loved ones are protected, and your legacy is preserved for future generations.
Contact Our Pittsburgh Estate Planning Lawyers
Estate planning requires devoting a considerable amount of time to determine who will inherit your assets after you die. This process can be complicated at times, so it is important to consult with an experienced attorney. At Schmidt Bresnahan Law Group, LLC, we provide comprehensive and compassionate estate planning services to clients in need. Contact us to learn more about booking an initial, confidential consultation.
Reach out to us online today or call us at (412) 693-6681 to learn more about our estate planning services in Pittsburgh, PA.
Pennsylvania Estate Planning FAQ
What is the main purpose of estate planning?
The main purpose of estate planning is to protect your family and assets in the event of your death or incapacitation. It involves creating legal documents to ensure your wishes are carried out and your loved ones are taken care of.
How do I know if I need a trust in my estate plan?
Whether or not you need a trust in your estate plan depends on various factors such as the size of your estate, your family situation, and your specific financial goals. Consulting with an experienced estate planning attorney can help determine if a trust is necessary for your circumstances.
What is the difference between a will and a living will?
A last will and testament outlines how you want your assets to be distributed after your death, while a living will, also known as an advance directive, specifies your healthcare preferences in the event you are incapacitated and unable to communicate.
Are estate plans customizable to individual needs?
Yes, estate plans are highly customizable to individual needs and circumstances. An experienced estate planning attorney can analyze your financial situation and goals to provide personalized advice and recommend planning tools that best meet your interests.
What is the process for amending a will in Pittsburgh?
Amending a will in Pittsburgh involves creating a new document known as a codicil, which outlines the changes you wish to make. This document must be signed and witnessed in accordance with Pennsylvania law to ensure its validity. It’s important to clearly state the amendments to avoid any confusion in the future. Consulting with a knowledgeable attorney can help you navigate this process smoothly, ensuring that your amendments reflect your current wishes and comply with legal requirements.
Why is it important to have a comprehensive estate plan?
A comprehensive estate plan is crucial because it ensures that your assets are distributed according to your wishes after your passing. It also provides clarity and direction for your loved ones during a difficult time. By including various legal documents such as a will, power of attorney, and living will, you can address different aspects of your estate and healthcare decisions. This proactive approach not only protects your family’s financial interests but also gives you peace of mind knowing that your affairs are in order.
