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At Duffy North, in Hatboro, Pennsylvania, we assist clients in suburban Philadelphia and Montgomery County who need to resolve simple probate administration issues and complex disputes concerning the execution of wills and the administration of trusts.
Probate and trust administration matters can be complex, but our experienced attorneys are ready and able to assist you in choosing someone to represent your interests. For more information, call us at (215) 515-4439.
At the heart of estate planning and administration practice is the notion that a person can appoint a representative to manage his or her affairs.
The person designated to manage the affairs relating to an estate after the owner's death is called an executor. The person who manages a trust that survives its founder's death is called a trustee.
We help clients appoint executors and trustees to serve in a variety of situations, including:
This statement might seem obvious, but it is something many people seemingly overlook. The only time you can plan for your legacy is while you are alive. By appointing an executor for your estate, you will have completed an important step in ensuring your wishes are followed after you die.
You have other options, as well. While you are alive, you may also appoint an agent to manage your financial affairs or medical treatments through a power of attorney. You may also appoint a guardian to care for the personal and financial needs of your minor or incapacitated loved one if you die or become unable to make decisions for yourself.
There are other situations in which appointing a representative can be an advantage, such as when you need a trustee to manage a trust you have established, or when you need an executor to manage affairs relating to your estate after your death. Please give us a call to find out more.
Many people are anxious about what will happen to their financial and personal legacies after they are gone. By hiring a reputable Montgomery County law firm to advise your probate and trust administration processes, you can gain peace of mind and a solid legal foundation to support your ultimate intentions.
For more information, contact us online or by calling (215) 515-4439.