Wealth Preservation, Trusts and Estates

If you have children (old or young) you may have been thinking about doing a will or updating an old will to include new children, to appoint a guardian, and to do a trust to protect them from getting control over the inheritance too soon.

In fact, new parents often report that they secretly worry about not having a will or having an outdated will but feel over whelmed and just keep putting it off.

If you’re a parent and want a quick reminder to post on the fridge or in your to do list, we have prepared a quick reminder that you can down load and print.

The Will TO DO List For Parents

You’ll feel better once you have selected the guardians, trustees, and executor or executors to take care of matters if you no longer can.

David M. Frees III, Esquire is a Pennsylvania and New Jersey attorney who practices in the areas of trusts, wills, estates, and asset protection.

David can be reached at 610-933-8069.

He has been creating customized wills and estate plans for young parents and for grandparents for over 23 years and has drafted over four thousand such plans.

Parents of all ages seek out David for their estate planning, wills, trusts, and powers of attorney and living wills.

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A recent case has opened a new door for someone suing you to try to reach or to attack your IRA. And, while IRAs usually have a heightened level of asset protection, my new article on this topic has a few suggestion – especially if you have a self directed IRA.

Please click here to learn more about protecting your IRA and self directed IRA from creditors and lawsuits.

David M. Frees III, Esquire

David Frees limits his practice to the areas of trusts, estates, asset and creditor protection, and to estate and trust administration. He writes for several blogs related to these topics and has been selected by Main Line Today Magazine as one of the best of the mainline in the category of lawyers who work in the areas of trust and estates administration.

Click here to get one of David Frees’ many sought after estate and asset protection planning reports for Pennsylvania residents or his new report for Pennsylvania executors.

David M. Frees III
610-933-8069

David Frees’ law offices serve clients in many communities in Pennsylvania including:
Phoenixville, Malvern, West Chester, spring City, Royersford, Devon, Berwyn, Wynwood,
Bala Cynwd, Ardmore, Chester Springs, Exton, Downingtown, Media, and many others.

Call 610-933-8069 or visit www.paestateplanners.com for more estate planning and asset protection information.

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Historically, executor fees in Pennsylvania and how much can be charged by an executor, have been governed by fee guidelines as opposed to state statutory fees. For a review of a common fee guideline, see my article on the Johnson Estate Guidelines on Executor Fees.

As a result, the probate courts have always had the ability to review and to reduce fees that the judge felt were unreasonable. Courts have been especially willing to do this in cases involving disabled persons and minors.

Likewise, the family and beneficiaries have often requested that an executor charge lower fees than might be permitted where the estate administration is simple. This does occasionally result in some tension with the executor as beneficiaries who have never been an executor assume that all estates are simple. The reality is, that , estates with businesses, closely held stock, real estate and/or many beneficiaries can be very difficult and time consuming.

But, if you would like to know the identity of a very powerful party that has an interest in reducing executor’s fees then see my recent article in www.paestateplanners.com. To see the article on executors fees in Pennsylvania just click this link.

David M. Frees III
David M. Frees III writes extensively on the issues facing executors and trustees and advises banks, trust companies, and individuals on the issues involved in estate and trust administration in Pennsylvania.

For an appointment or telephone consultation call David’s assistants/paralegals at 610-933-8069

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Be sure to click the arrow to the right to see even more videos on protecting your will and estate plan from attack.

Many clients are concerned because they have heard for or been involved in family will disputes. And, when you go to the time, trouble, expense and effort of executing a will, trust, or other estate planning tools, you want to be sure that they get carried out.

And, while no one can prevent a disinherited heir, or angry beneficiary from mounting a will challenge, there are a number of things that you and your advisors can do to minimize the likelihood of a will challenge and to ensure that will challenges fail if they are commenced.

If you have a plan that gives more of a business or other asset to one or more children than others, if you have a plan that is other than an equal division between or amoung your heirs, if you have a second marriage or children by multiple marriages, then ensuring that your will (or estate plan) is accurate, and that it will survive any challenges is essential.

Please watch this video and click on the link below to see even more techniques.

More techniques for protecting your will and estate plan from attack.

David M. Frees III
Trusts, Estates, and Wealth Preservation Section Chariman
Unruh, Turner, Burke and Frees
610-933-8069

Call for an appointment or a consultation about
protecting your estate plan from attack.
David’s paralegal/assistants are Tara, Denise, and Donna

dfrees@utbf.com

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Click here to get your free copy of this valuable executor resource for Pennsylvania executors.

If you are an executor, or, if you are trying to decide who to appoint as an Executor, make sure to order and read this important report for executors by David M. Frees III.

This report examines the most common mistakes executors make and how to avoid them.

If you want to do a great job as executor and avoid personal liability, or to pick just the right person, then this is an important resource that you have to read. Click here to get the 10 Most Common Mistakes Executors Make and How To Avoid Them.

Author: David M Frees III, Esquire
To order a copy by phone, call 610-933-8069

To view David Frees’ attorney Rating by AVVO of “Superb!” click here.

To visit our content filled web site for executors visist www.paestateplanners.com – it is filled with articles for Pennsylvania executors, trustees and for those planning their estate, wills, and trusts.

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