Wills and Trusts Law Firm Lititz, PA
Bellomo & Associates, LLC
LITITZ WILLS AND TRUSTS Wills and Trusts Law Firm Lititz, PA
How Can a Wills and Trusts Lawn Firm in Lititz, PA Help Simplify the Probate Process?
One of the biggest reasons why many people want to work with a wills and trusts law firm in Lititz, PA is to avoid and simplify the probate process. Probate can be time-consuming, expensive and very stressful for loved ones in the aftermath of a passing. When there are not adequate estate planning documents left behind, the estate could be contested or distributed in a manner that you wouldn’t have approved of. Probate can also drag on for months or years and subtract value from the estate in order to offset court costs. This can also prevent your loved ones from getting the assets you wanted them to have and receiving closure in a timely manner. A trust is one of the ways that our wills and trusts law firm in Lititz, PA can use to avoid the probate process.
Bellomo & Associates has years of experience as a wills and trusts law firm in Lititz, PA, and we have worked with residents throughout the area to make estate planning and estate distribution as easy as possible. We use a thorough process so that you get things right the first time and have clear and concise estate planning documents that eliminate uncertainty. The average uncontested will takes a year to finish the probate process. When you formalize your wishes now, you can shorten that process and save your family stress, time, money and anguish when you’re gone.
How Can I Distribute My Assets After Death?
Estate planning can be very complex even if you do not have a tremendous amount of assets, and there are many different options available to you. Depending on your situation, your family, your physical and financial assets and other factors, some options might be more appropriate than others. As an experienced wills and trusts law firm in Lititz, PA, we can work with you to determine the right estate planning solution for your family. When you are finished with the estate planning process, you can feel confident that you will have a plan that reflects your needs and wishes.
Two of the most effective ways to move assets to your loved ones after you pass are wills and trusts. Some of the trusts that we can use to help you distribute your assets as a wills and trusts law firm in Lititz, PA include:
- Marital trusts
- Bypass trusts
- Testamentary trusts
- Irrevocable life insurance trusts (ILIT)
- Charitable lead trusts
- Generation-skipping trusts
- Qualified terminable interest property (QTIP) trusts
- Grantor retained annuity trusts (GRAT)
Thanks to our years of expertise estate planning with our clients, we can help you in weighing the pros and cons of each type of vehicle so that you can make the right choice for you.
Where Can I Find a Trustworthy Wills and Trusts Law Firm in Lititz, PA?
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