Don’t wait to get your affairs in order. Call us today for expert estate planning advice and services!
Estate planning is a necessary step in protecting your family’s future. Many Lititz, PA, residents use wills, trusts, and other legal arrangements to ensure their interests are protected. Although planning your estate can seem like a daunting task, our team at Bellomo & Associates can make the process as painless as possible.
While much of estate planning involves protecting the financial future of your family, it’s also critical to outline your wishes if you’re incapacitated. Appointing a Financial Power of Attorney is one example of an estate planning tool that can protect you from harm in your later years.
No matter what type of estate planning service you need in Lititz, our team of attorneys is here to help. Let’s explore some of the documents we often prepare:
- Financial Power of Attorney
- Health Care Representative
- Living Will
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Wills and Trusts in Lititz, PA
Wills and trusts are essential for individuals who want to allocate their assets to loved ones, family members, and organizations. If you’re seeking an effective method for conveying your financial wishes, both wills and trusts are suitable options.
A will provides a clear blueprint for asset allocation and prevents your assets from being automatically distributed according to Pennsylvania law.
On the other hand, trusts allow your heirs to reduce their exposure to estate taxes and other tax obligations. While trusts leave the beneficiaries with less control over the assets, they’re excellent tools if you want your assets to be used for particular purposes. Trusts can also speed up the inheritance process because they can transfer directly to your heirs when you pass away.
At Bellomo & Associates, we help our clients create wills and trusts in Lititz, PA. Many of our clients choose to form both legal arrangements at the same time – enabling you to use wills and trusts to build a strong estate.
If you’d like to learn more about how wills and trusts can improve your estate planning strategy, contact us for more information.
Financial Power of Attorney in Lititz, PA
If you want to protect your finances from malevolent actors, it’s critical to appoint a Financial Power of Attorney. This is an individual who is permitted to make financial decisions for you if you’re incapacitated. If a disease or an injury prevents you from making logical decisions, a Financial Power of Attorney can help you stay on top of your affairs.
If you don’t have a Financial Power of Attorney, it can be tough for family members to make decisions on your behalf. This is an essential estate planning document that can help you maintain your quality of life in the event of an emergency.
At Bellomo & Associates, we can help you appoint a Financial Power of Attorney you can trust. We’re also happy to advise clients who need assistance in understanding the benefits of this type of document.
Health Care Representatives and Living Wills in Lititz, PA
In the case that you become incapacitated or unable to make your own health care decisions, it’s critical to appoint someone you can trust to make health care decisions on your behalf. Appointing a Health Care Representative will ensure a person you designate is responsible for essential health decisions.
Additionally, you can form a living will that dictates specific health and nutrition requests. For example, if you don’t want medical treatment in certain circumstances, you can outline this in a living will, which sometimes is called an advanced directive.
Contact Bellomo & Associates
If you’d like to take advantage of any of our estate planning services in Lititz, PA, don’t hesitate to call Bellomo & Associates at (717) 845-5390.
Jeff provides pertinent, interesting, & necessary information in a way that captures his audience.
Jeff is knowledgeable in what he speaks about the law, and how it effects every day events- and how to go about taking necessary steps.
I dreaded the thought of estate planning and put it off for years. To my pleasant surprise, working with Bellomo & Associates was wonderful. The process was efficient, all of my questions were answered and the cost was reasonable.
Outstanding knowledge of estate planning with clear, concise communication. Who knew estate planning could be enjoyable?
I have been a client and personal friend of Jeff Bellomo for over 10 years. He is professional and his expertise in elder law is superb. I highly recommend anyone with any issues regarding elder law to seek his help. I guarantee you will be more than satisfied.