Estate Planning should be one of your New Year’s resolutions. Each New Year comes with new resolutions. Despite the success or failure of keeping last year’s resolutions, Pittsburgh residents probably do not hesitate to make new ones each year. Pittsburgh residents may resolve to eat healthier, exercise more or spend more time with loved ones. But, even as they pledge to spend more time with family members, many don’t consider taking a step that would ensure their family members are taken care of after they pass on — estate planning.
Creating a Will as part of estate planning can go a long way to securing a family’s future by ensuring that assets are distributed in the manner that the decedent wished and to help avoid inter-family disputes as well as litigation.
Wills, however, are just one aspect of estate planning. Depending on an individual’s situation, estate planning can range from preparing a Will, a Power of Attorney and a Living Will to creating a trust or establishing a guardianship for a special needs child. Regardless of your age, creating a plan that outlines the administration of one’s estate is beneficial for all involved and the death of a loved one does not have to wreak havoc in the family.
Lawyers at our firm understand that engaging in such conversations with one’s family members can be difficult; and in order to avoid such discussions, Pittsburgh residents either put off estate planning or try to engage it in by themselves, creating documents that may not be usable or enforceable in court. We are dedicated to working with our clients to ensure their interests are fulfilled and their family’s interests protected in the long run. For more on estate planning, visit our page.