Pennsylvania Trusts and Estates Attorneys Helping You Plan
Providing Estate Plans That Create An Administrative Process That You Can Understand
Whether you’re planning the parameters of your future medical care or establishing support for loved ones upon your death, FrancePaskey can help with all aspects of trusts and estates issues, including:
- Estate planning
- Estate tax issues
- Choosing the appropriate executor
- Medical assistance/elder law planning
- Living wills
- Living trusts
- Special needs trusts
- Intentionally defective grantor trusts
- Dynasty trusts
- Drafting of wills
FrancePaskey can advise you on the best approach to your estate planning. We thoroughly analyze your estate and strategize the best means of transferring your assets, minimizing taxes, establishing guardianship for your children, supporting personal philanthropic causes and protecting your loved ones. We can draft a will that reflects your desires and establish living trusts if they would be beneficial to your estate.
Eliminating Uncertainties Over Probate Administration
You work hard to provide for your family, so knowing that you have planned for their long-term well-being and financial security can bring you comfort. With more than 75 years of combined experience, FrancePaskey attorneys thoroughly analyze your estate and strategize the best means of transferring your assets, minimizing taxes, establishing guardianship for your children, caring for your pets, supporting personal philanthropic causes and protecting your loved ones.
Once a trust is established by a grantor, its operation must be overseen by a qualified administrator. This trustee manages the investment of funds and distribution of assets according to the grantor’s design contained in the trust’s documents. Trust administration requires careful attention to each detail of the grantor’s wishes. A conscientious trustee must have comprehensive knowledge of the law and be scrupulous regarding client service.
We provide highly ethical and reliable administration to a variety of trusts, maintaining the fiscal strength of these entities to serve beneficiaries through the intended life of the trust. We are available to provide administration services to new clients on a wide variety of trusts, including:
- Credit shelter trusts (CSTs)
- Incentive trusts
- Living trusts
- Generation-skipping trusts
- Qualified Terminable Interest Property (QTIP) trusts
- Charitable remainder trusts
- Irrevocable life insurance trusts
Advice To Trustees
A trustee can be personally liable for mistakes or omissions that result in losses for the trust. FrancePaskey offers sound advice to trustees to ensure accurate and complete compliance with all aspects of trust administration. If you have been named a trustee, we strongly recommend that you retain professional assistance from a trustworthy source. Finally, as an established law firm with a long record of success in trust administration in Pennsylvania, we can help.