THE IMPORTANCE OF HIRING AN ATTORNEY TO ASSIST YOU WITH PLANNING YOUR ESTATE
November 2nd, 2019
| Richard S. Bishop
It’s important to have an attorney and a law firm you can trust when a legal matter arises and especially when mapping out your estate plan.
Complexity of Estate Planning
A misplaced word or missing phrase in an estate planning instrument such as a will or trust can change the entire intent. Do-it-yourself internet forms are not the answer. Estate planning is not a one-size-fits-all proposition. Every individual’s circumstances are unique. “To establish your estate planning goals and a strategy to meet them it is extremely beneficial to have the assistance of an experienced estate planning attorney,” says HKQ Attorney Richard Bishop.
An estate plan created by HKQ will help ensure that your assets are transferred to those you wish to receive them in a timely fashion while minimizing the amount of taxes that need to be paid on the transferred property.
Estate planning can present special challenges. For instance, a surviving partner of an unmarried couple doesn't have the right to receive an intestate share. Under circumstances such as this, a cohabitation agreement can be utilized to fairly divide assets and property if and when the relationship comes to an end. Non-traditional relationships require special attention to ensure your health care, property division and funeral arrangements are carried out while protecting loved ones.
Elder care planning will help you protect what your parents (or yourself) worked so hard to accumulate for surviving children or grandchildren. HKQ assists in planning asset distribution, long-term care needs including nursing home, assisted living or in-home care, Medicaid planning and powers of attorney or health care proxies. We can help you and your family plan for the potentially devastating costs of long-term care.
Transferring assets to a person who may not be mature enough to manage financial affairs can be a risky endeavor. HKQ can address the situation by drafting a trust with spendthrift provisions. Preserving the assets acquired during a lifetime is an important but complex component of estate planning. HKQ can help preserve those assets with long term care and Medicaid planning.
HKQ can help answer these and other important questions. Our Estate Planning Team can assist you with estate planning, estate administration, trusts, elder care planning, inheritance tax and non-traditional relationship planning and much more.
To speak with an Estate Planning Attorney, call HKQ at (800)-760-1529. Find us on Facebook, Instagram and at www.HKQLaw.com. No one will work harder for you.
About HKQ Law
Hourigan, Kluger & Quinn is considered one of the top civil litigation and commercial law firms that has had the privilege of representing more families in the courtroom than any other NEPA firm. The attorneys at HKQ Law have been honored as Super Lawyers, Best Lawyers, Best Law Firms by US News and World Report, and have received the AV Preeminent Rating by Martindale-Hubbel. HKQ Law was recently recognized for one of the top 20 Verdicts in Pennsylvania.
The firm’s Personal Injury Team, led by Attorney Joe Quinn, Jr., has won some of the largest verdicts and settlements in the region's history. The Personal Injury Team focuses on a wide array of personal injury claims and civil litigation, including medical malpractice, auto and truck accidents, aviation accidents, unsafe vehicles, dangerous or defective products, workplace injuries (worker's compensation), construction site accidents, claim denials by insurance companies, dangerous drugs, defective children's products, nursing home abuse and neglect, and falls due to unsafe conditions (slip and fall).
Attorney Joseph A Quinn, Jr. is one of only 100 attorneys in the United States (and one of only three in Pennsylvania) honored with membership in the Inner Circle of Trial Advocates, and one of only 500 attorneys worldwide chosen to be a Fellow of the International Academy of Trial Lawyers. He has been a Pennsylvania Super Lawyer every year since the program began and has been listed in The Best Lawyers in America every year since the publication was established in 1987. Best Lawyers also named him top personal injury attorney for Northeastern Pennsylvania and the Lehigh Valley. In addition, Best Lawyers, in conjunction with U.S. News & World Report, has designated HKQ a Tier 1 Best Law Firm across multiple categories in Northeastern Pennsylvania and the Lehigh Valley.
Since the inception of the firm, the Commercial / Corporate Team led by Attorney Allan Kluger has provided comprehensive, integrated legal services to many of Northeastern and Eastern Pennsylvania's largest corporations, businesses, banks, non-profits and institutions, handling matters involving labor and employment, wills, trusts and estate planning, estate administration, elder law, commercial transactions, residential and commercial real estate, zoning, land use and development, telecommunications, mediations and arbitrations, commercial litigation, title insurance, business planning and business succession, corporate/business structuring, employment discrimination law for employers, banking, creditor’s rights, finance, lender liability defense, covenants not to compete, construction law, mergers and acquisitions and other business matters.
Additional information can be found at www.HKQLaw.com or by calling (800) 760-1529.