"I was overwhelmed with the thought of drawing up my will. I can say with certainty that dealing with Lloyd Welling and American Wills & Estates, the process could not have been any easier and smoother. Thank you for the great experience!"
If you’ve recently lost a loved one and are looking to hire an experienced and trusted Probate Estate Administration law firm at the right price, look no further. At American Wills & Estates we’ve been guiding clients in Pittsburgh and throughout Western Pennsylvania through the often difficult probate process with competency, compassion and care for over 25 years. So, what really sets our law firm apart? A number of things:
So you've already done your estate planning and you're now good to go, right? Wrong. Even if you already have Wills, Power of Attorneys, Living Wills or even a Trust in place, don't just put everything aside and forget about it.
Like everything in life, changes happen. Because of that, we tell all of our clients that it's a very good idea to take a look at their estate plans every 3 to 5 years. Whether there's been a change in your family circumstances or perhaps even a change in the law, it's always a good idea to make sure that your documents are current and up to date.
If you're concerned that one or more of your children or other intended heirs might try to challenge the provisions that you have set forth in your Last Will and Testament, you can have a no-contest clause added in the Will, but make sure you understand what it means and whether or not it's actually enforceable. Here's an article that I came across that does a nice job of explaining what a no-contest clause is and how it might work for you. Take a look.
March 24, 2017 by Lloyd A. Welling, Esq.
Typically and as part of your overall Pennsylvania estate plan, you will create a Last Will and Testament in which you will be naming and designating an Executor/Executrix to managing your affairs and oversee the probate process following your death. Obviously, this is an extremely important role and choosing the right person is essential. Likewise, there are some additional steps that you can take to give your Executor a head start in carrying out the probate process.
Here's an article that I came across in Forbes magazine that really does a nice job of laying out why it's so very important to have at least a basic estate plan in place. The article relates one woman's personal story of what she learned about money and estate matters after her father's death. As she tells it, her father was good but complicated man and, unfortunately, he left her with a real mess to deal with when he died.
Sure, it’s an honor and a privilege to be named as an Executor of a loved one’s Last Will and Testament, but it can also be a big responsibility and a whole lot of work. Being an Executor, a Personal Representative or the Administrator of an estate requires organization, attention to detail and the ability to communicate effectively with a group of heirs or beneficiaries who may not necessarily get along with one another. If you’re in this situation and are feeling overwhelmed by it all, here are three basic tips to that should ease your mind.
THE PROBATE PROCESS CAN GET COMPLICATED FAST
If you've recently lost a love one and are feeling overwhelmed by the prospect of having to administer their estate, we're here to help. Being named the Executor of a loved one's estate is a great honor, but it's also a big responsibility.
People are constantly asking me, "Lloyd, do I really need a Will. Isn't that something only people with a lot of money need?" And my answer is always a big, resounding NO. Not only should everyone have at least a simple Will as part of their estate plan, they should most definitely also have a well drafted Power of Attorney and Living Will as part of their overall plan as well. Here's a nice little article that appeared in USA Today last year that does a nice job of explaining why having a Will is so very important.