Estate Planning Whether it is simple and straight forward, or more complex, everyone needs an estate plan. Here are six important reasons why:
Protecting Beneficiaries - It is very important to create an estate plan that protects beneficiaries who are minors and adult beneficiaries from making poor financial decisions or being negatively influenced by others.
Choosing Guardians - If both parents of a child die without a will, the court will appoint a guardian. This may or may not be the person that the parent(s) would have chosen. A will gives the parent(s) the opportunity to consider the child/children's best interest and choose a guardian.
Reduce Estate Taxes - Through basic estate planning, married couples can significantly reduce the estate tax burden that is placed on their beneficiaries.
Create a Trust - Make sure assets are available on a later date for beneficiaries at the time of distribution.
Avoid Probate - If a person dies without a will, the court will appoint a representative to distribute the property based on hereditary succession pursuant to state law. Probate generally lasts several months and incurs substantial court and attorney costs.
Peace of Mind - Once your estate plan is completed, you will have the benefit of knowing that you have taken those important steps to protect yourself, your beneficiaries and your assets.
It is our goal to become "Your Law Partner." If you feel you can benefit from our services, contact us today.
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Attorney Austin on "Legal Lines" |
Sara A. Austin appeared as a guest on an episode of "Legal Lines" which will air October 21 at 7p.m. and various times thereafter in repeat on White Rose Community Television. Attorney Austin spoke about consumer protection laws.
"Legal Lines" is a weekly show that the York County Bar Foundation sponsors for public education.
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Proudly supports the following events:
York County Chamber of Commerce Economics Club October 27, November 17, December 14 7:00am - 8:30am Yorktowne Hotel, York, PA Interested in attending as my guest? Contact me
York Society for Human Resource Management
November 9
11:30am - 1:00pm
Holiday Inn Conference Center
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