When it comes to planning your future, you deserve to establish complete peace of mind. By putting the necessary protections in place today, you can strive to ensure that your descendants receive their fair shares of your estate once you’ve passed away. At the Law Offices of Kelton M. Burgess, LLC, we aim to help you do just that.
Since 2012, we’ve been providing the professionalism, resources, and support our clients need to create comprehensive plans for tomorrow. From probate to living wills, let our legal team guide you through every step of the process. Schedule a free initial consultation with us in Pittsburgh, Pennsylvania, to get started. We proudly serve individuals and families in the surrounding areas, including Cranberry, Butler County, and Monroeville.
Our Estate Planning Services
While estate drafting and living wills directly cover affairs that people seldom enjoy talking about, their functionality in a world of laws is indispensable. They provide clear instructions to your heritors and descendants. They also convey your final wishes in the event of irrevocable incapacitation. In other words, estate planning guards the peace of mind of you and your family.
Setting up trusts is an excellent way to simplify the transfer of assets and help your loved ones avoid the difficulties of probate. Trusts are legal documents that allow you to distribute your assets after your death. The trust owns the property you place in it, but you—the grantor—maintain control. You will name a trustee who will be responsible for managing the trust. Upon your death, the trustee will distribute the property in the trust. There are two types of living trusts you should consider: revocable and irrevocable.
Revocable trusts are flexible, allowing the grantor to cancel or change the trust any time before their death. Irrevocable trusts, in contrast, cannot be canceled or changed. Once your assets belong to an irrevocable trust, you will not be able to update beneficiaries, instructions, or other aspects. Individuals looking to avoid certain estate taxes or creditors may utilize irrevocable trusts because these legal documents remove assets from their taxable estates.
In addition, we help our clients appoint trust protectors. A trust protector is an individual who is tasked with watching over the trust to ensure it is not negatively affected by changes in the law or external circumstances.