Hellertown, PA Wills & Trusts Attorney

Creating a will and trust is something that many people neglect to take care of until it’s too late. While it’s easy to think of these documents as something to handle at a later time, tomorrow is never guaranteed. It’s important to make arrangements for your assets while you can in order to spare your loved ones unnecessary headaches down the road.

While it can be overwhelming to plan for a future you won’t be a part of, it’s the best way to have confidence and clarity about what lies ahead. The good news is, you don’t have to do it alone! Our Hellertown wills & trusts attorney can guide you through the steps of creating both a will and trust. Call Daly Law Offices today to schedule a free consultation and learn about your options.

What is a Will? 

Creating a will requires careful thought and consideration, as it outlines your wishes for how you’d like your assets to be distributed, who should care for your minor children, or any other dependents in the event that you pass away or become incapacitated. Within your will, you can name an executor who will help ensure that these wishes are carried out. 

This isn’t a small task for someone, so it’s important to have a conversation with this candidate to make sure they can handle the task when the time comes. Should any circumstances change, you can name a new executor.

Though a will offers a layer of protection for your assets and family, there are some things a will cannot do, such as preventing the need for probate, transferring certain properties upon death, taking care of funeral arrangements, and more. 

What is a Trust?

Many people create a will and think they’re done, but that is simply not the case. Trusts are another tool that helps make up a comprehensive estate plan. The main benefit of a trust is that it prevents the possibility of probate, which is a process that is sometimes necessary to prove the validity of a will, typically because the will is the only part of the estate plan that exists. Assets that are named only in a will have to pass through probate, while those in a trust can be transferred directly to the named beneficiaries.

A trust can also protect your assets from the risk of creditors, tax liabilities, and other legal disputes.

Remember that life circumstances are constantly changing and evolving. When life transitions, such as buying a new home or gaining a new family member, occur, you might want to update your will and trust to reflect these changes.

Why is it Important to Work With Our Hellertown Wills & Trusts Attorney?

Working with our knowledgeable Hellertown wills & trusts attorney can ensure that the assets you’ve worked hard to acquire are managed and distributed according to your wishes when you aren’t here to handle it yourself.

In your search for more information regarding wills and trusts, you may have stumbled across DIY will or trust templates. While these documents might appeal to you cost- or convenience-wise, they often lack the language and customization to make them legally compliant and efficient. Such documents can lead to complications like legal disputes or unintended distributions. That’s why it’s important to work with a professional! 

Our Hellertown wills & trusts attorney, Joshua N. Daly has 15+ years of experience in creating wills and trusts in Pennsylvania. He can explain your legal options and advise you on which types of wills and trusts will best meet your needs. Call to schedule a free consultation and learn more!