The estate planning process can be emotional and overwhelming, as there are many different methods that you can use to protect your assets and ensure that they are distributed in accordance with your wishes. Working with an experienced living trust attorney in Allentown, PA is a great way to guard the things you’ve worked hard for and ensure that they are seamlessly distributed after your passing.
One of the most popular ways to distribute assets that allows you flexibility throughout your life and avoids the probate process is a living trust. These estate planning tools will go into effect during your lifetime, and you can modify them as needed throughout your life. Bellomo & Associates, LLC is an experienced living trust attorney in Allentown, PA who can help you plan for the future.
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What Is a Living Trust?
Living trusts are legally binding documents that place your assets like investments, savings, real estate properties, vehicles, bank accounts, and personal property into a single trust. A living trust can include your wishes, like when you want certain things to be distributed. Your trust will be fully revocable, which means that you can change it or cancel it at any time as you go through life. You do not need to worry about anyone taking your assets while you are still alive, as your living trust will not kick in until you are gone. If you work with our living trust attorney in Allentown, PA, you will have the confidence that your wishes will be carried out and the things you’ve worked hard for will be protected.
Why Do I Need a Living Trust Attorney in Allentown, PA?
Living trusts allow you to avoid the court system as much as possible by not needing your assets to pass through probate. When you use a traditional will, your estate will go through the probate process. This can drag on for months and be very expensive once all is said and done. During probate, your estate will be valued, estate taxes will be paid, outstanding debts will be settled, and only then will your assets go to who you want them to. When you have a large number of assets, this can prevent your loved ones from receiving what you want them to as quickly as possible.
Working with a living trust attorney in Allentown, PA to create a living trust allows your estate increased privacy as well. Wills are considered public documents, so anyone could view them or try to make a claim. If you want to keep your assets and your private business out of the public eye, a living trust is one of the most effective ways to do so.
What Are Some Advantages of Working with a Living Trust Attorney in Allentown, PA?
You only have one chance to get your estate planning right, and it will be too late to fix it once you are gone. Working with a living trust attorney in Allentown, PA will make sure that your estate is in order and that all of your wishes are formalized. Our attorneys work with families of every size and with all types of assets, so we can work with you one-on-one to meet your precise needs.
Where Can I Find a Trustworthy Living Trust Attorney in Allentown, PA?
Bellomo & Associates, LLC is proud to be an experienced living trust attorney in Allentown, PA. We know how stressful the estate planning process can be, so we simplify the process and work hard to get your documents prepared in an efficient fashion. We have assisted local residents in transferring their assets and completing the estate planning process for over a decade, and we work hard to keep our great reputation in the community. We are both compassionate and effective. To schedule your initial consultation or learn more, call us today at (717) 845-5390.
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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.