Bellomo & Associates, LLC

ALLENTOWN WILLS AND TRUSTS

You want to provide for your family. Contact us today to establish your wills and trusts.

Wills and trusts protect your family and prevent familial strife after you pass on. Wills and trusts are essential for everyone you leave behind to determine who gets which assets, especially if you have a substantial estate. At Bellomo & Associates, LLC, located in Allentown, PA, we work with estate planning and elder law, and we can help you set up your wills and trusts so that your family is taken care of.

Make sure that your family adheres to your wishes. Set up your wills and trusts today.

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Why Do You Need a Will?

If you are over the age of 18 and have any property, assets, children, or pets, you need a will. Your Last Will and Testament lets your family know what you want to be done with your assets after you pass. It’s especially important to put together a comprehensive and specific will if you are dividing your assets or financial trusts unevenly among your loved ones.

You can also establish where minor children and pets will go. If you don’t make preparations for those in your care, they could become wards of the state. In the case of minor children, you will want to let family members or loved ones know in advance if you’d like them to be guardians.

Will and Trust Options

Everyone is different, and the best will or trust for you will depend mainly on how many assets you have and your wishes. Living Wills and trusts are good options for individuals with substantial financial wealth, and those documents go into effect while you are still alive.

Trusts can also be distributed over time, so recipients don’t get a single lump sum of cash. This is appropriate for minors or those loved ones who need help being responsible with money. With trusts, you can determine the terms

Our team can discuss your options with you and come up with a plan that is suitable for you.

Keeping Your Will or Trust Relevant

Review your will or trust often to ensure it remains relevant. Sometimes, you may wish to change which people you want in your will or trust, and it’s essential that these documents reflect the current situation.

To change your will or trust, you need to be of sound mind and body, and not under the influence of any external source. Set up an appointment to review your will and trust, and update them with any changes you desire.

You should also keep original copies of your Last Will and Testament, Living Will, or trust in a fireproof safe, and you should always give extra copies to trusted family members for safekeeping. If you are worried about your mental state or that you might not be making the best decisions for your will or trust, always contact a trusted family member to work on your behalf. At Bellomo & Associates, LLC, we can work with your trusted family member.

Contact Bellomo & Associates, LLC Today

At Bellomo & Associates, LLC, located in Allentown, PA, we have helped a variety of clients understand elder law and the details of estate planning. We can assist you with your individual situation and help set up a will or trust that will allow you to rest easy, knowing that your family is taken care of after you are gone. Call us at 717-845-5390.