Estate Lawyer in Philadelphia
Bernard D. Faigenbaum - Attorney at Law provides a wide range of legal services for estate planning and management. As one of Philadelphia's leading estate lawyers, Mr. Faigenbaum works with individuals, families and business owners to a smart estate plan, one that reduces taxes, eliminate barriers, and distributes wealth according to benefactor's wishes.
Mr. Faigenbaum can help with:
- Wills and trusts
- Living trusts
- Estate planning
- Estate taxation
- Probate lawyer services
- Generation-skipping transfers
- Property power of attorney
He is committed to understanding the unique details of each client's circumstances. Thanks to that client-focused approach, Mr. Faigenbaum possesses the unique ability to discover opportunities in law to save his clients time and money. It's that commitment—that personalized approach—that sets him apart as a lawyer.
The Importance of Estate Planning
At the time of your death, friends and family members will be distressed enough without the added pressure of attempting to sort through your finances with no legal ground to do so, and no will or trust documents containing your final instructions. In these situations, it is possible for your assets to remain in probate indefinitely, inaccessible to executors and well-meaning heirs, despite their close relationship to you.
In addition to easing the burden on your loved ones, estate planning allows you to maximize the value of your assets, reduce the amount of taxation your holdings are subject to, and bind your final wishes in state and federal law. Mr. Faigenbaum will work with you to assess your estate value and develop a comprehensive plan to ensure the correct distribution of your wealth.
Understanding How Probate Affects Your Wishes
Probate is the period after your death in which titles belonging to you are turned into assets and released to your heirs and executors. The length of this period can vary by state and can last indefinitely if your will is contested after you have passed on.
The best way to ensure your wishes are carried out, and that probate does not affect your chosen beneficiaries, is to work with a qualified estate vehicle planner. Mr. Faigenbaum is proud to be that planner. His years of experience, plus his deep understanding of estate law matters, will ensure your wishes are documented and fulfilled.
What Is a Living Trust?
A living trust can benefit individuals in Philadelphia in many ways, contributing to a streamlined transfer of assets post humorously. Many people establish living trusts as a means to protect those who are disabled, avoid probate, and to ensure inheritances are distributed as you intend, preventing any accidental disinheritances.
In some cases, a trust is set up to prohibit certain individuals from accessing your assets. Mr. Faigenbaum can assist you in determining the right course of action, providing practical legal guidance that puts your wishes first.
Request more information on the top-rated estate law services that Bernard D. Faigenbaum - Attorney at Law provides to clients like you, in Philadelphia. Contact his office to schedule a no-obligation consultation today—and to secure your legacy for tomorrow.