https://www.paestateplanners.com/ As a new parent, estate and trust attorney Whitney O’Reilly produced this video to give parents an idea of why they need to have an estate plan and what issues new parents face when estate planning.
There are several issues that can be resolved when parents have a proper estate plan in place. For example, without a Last Will and Testament appointing a guardian, the decision about who will care for your child if something were to happen to you would be up to the orphan’s court. Additionally, without a trust for minor children in your Last Will, your child may inherit a large sum of money at once without having the financial maturity to handle it. By having an estate plan in place, you can avoid these issues and protect your child in the best way possible.
To make sure you have a comprehensive estate plan that will sort out these issues and many others, contact Unruh, Turner, Burke & Frees for a consultation with a trust and estate planning lawyer. You can reach one of our Pennsylvania law offices by calling us at 610.933.8069 or reaching us online at https://www.paestateplanners.com/contact.cfm.