Helping Clients Make Informed Decisions About Wills And Trusts
Wills and trusts are important legal documents that must be created and filed correctly. If they’re not, your loved ones could run into some serious problems down the road. I am John M. Schaffranek, founder of the Law Office of John M. Schaffranek. Since 2013, I have been representing a diverse spectrum of clients in Pennsylvania. I aim to answer all of your questions and provide you with tailored answers based on your needs.
What Is The Difference Between A Will And A Trust?
Past clients have said I am informative and professional. I truly aim to understand your concerns. Then, we can come up with an estate plan that will be the most beneficial. A will is a good place to start. A will is meant to express your wishes when it comes to your property. It can be as lengthy or short as you wish. You will appoint an executor who will be in charge of paying off your debts and distributing your assets after you pass away. This can always be updated as time goes on.
A trust, on the other hand, is very different. There are many different types of trusts, all dependent on your goals. In general, there are two types: revocable and irrevocable trusts. Revocable trusts allow a person to make changes. Irrevocable trusts cannot be amended. Both provide certain tax benefits and can help you avoid the probate process. I am here to help you decide which option may work best for you and your lifestyle.
Call Now For More Information
I understand how complex these matters can be and can help you with all of your estate planning needs. Don’t wait to gather more information. To schedule a consultation, call my office in Wexford at 412-643-3848 today. You can also fill out my contact form online.