Why Do You Need An Estate Planning Attorney?

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Why Do You Need An Estate Planning Attorney?
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What is Probate? Probate is the legal
process of transferring property following a
persons death. Although probate customs and laws
have changed over time, the purpose has remained
much the same an individual formalizes their
intentions as to the transfer of their property
at the time of their death (typically through a
Will), their property is collected, certain debts
are paid from the estate and the property is
distributed accordingly.
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• There is no legal requirement that anyone has a
  Will, but it gives you an opportunity to make
  your wishes are known, such as the distribution
  of assets, who is to serve as guardian of your
  children, where they are to be educated, etc. A
  Will also gives you the opportunity to exercise
  your generosity toward the various religious,
  charitable, and educational institutions that
  have earned your respect and admiration over the
  years.
• Without a Will or a Trust, it will be the
  government, and not you, who will decide how your
  property and possessions are distributed. Good
  estate planning is more than just a simple Will.

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Estate Planning Estate
planning minimizes potential taxes and fees, such
as the transferring of assets at the lowest
possible Federal and State gift and estate tax,
and sets up contingency planning to make sure
wishes regarding health care treatment are
followed before and after death. A good estate
plan also coordinates what happens to a home,
investments, business, life insurance, employee
benefits, and other property in the event of
disablement or death.
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• If you or a loved one needs business or real
  estate litigation advice, require the services of
  an experienced estate planning attorney, or have
  questions and want legal counsel on any of the
  information provided within, please contact
  Philadelphia estate planning attorneys at Brooks,
  Bradley Doyle.
• Attorney Michael R. Bradley can show you how to
  arrange for the transfer of a number of assets
  outside your estate, by gifts to your children
  and the like.
• They can also assist you in the creation of
  Living Trusts, which have the effect of providing
  your heirs with the beneficial use of your assets
  while indefinitely postponing the imposition of
  taxes.
• They are exceptionally skilled at drafting Wills
  and Trusts that give precise effect to your
  intentions.

Michael R. Bradley
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Brooks, Bradley Doyle Address 21 West 2nd
Street Media, PA 19063 Phone [phone] https
//www.bbdlawfirm.com/contact-us.html
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