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UTBF Partner David Frees and his Wife Robin Help to Keep the Ben Franklin Legacy Alive

In 1789, just one year before he died, Benjamin Franklin set up an endowment fund called the Benjamin Franklin Trust. In 1995 it was transferred in part to the Chester County Community Foundation. Each year, this 200+ year-old endowment fund makes grants to programs and initiatives that Franklin himself had championed: fire companies, libraries and […]

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Selecting a Trustee- What Matters?

Who Do You Trust? Choosing a trustee requires an appropriate balance between kinship or friendship, expertise and technical knowledge. As a trust attorney one challenging aspect of my practice is the very personal decision by a client about choosing a trustee or trustees (and their substitutes) for his or her many types of trusts. There […]

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Reasons Why Your Trust Should Contain a Residuary Clause

By creating a trust, you are stating your wishes as to how you would like your assets and possessions distributed. Many trusts have a series of specific gifts. However, you should be sure that your trust also contains a residuary clause to best protect the distribution of your assets. Please click here, for more information […]

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7 Questions Your Will and Trust Lawyer Should Ask You

We are conditioned to ask our advisers numerous question. But discover the questions that they should be asking you.

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Avoiding Wills Disputes? What Your Estate Planning Attorney Needs

Why Revealing Personal Information to your Estate Planning Attorney Is Essential To Successful Planning By: David M. Frees III, JD Ever wonder how much or what information has to be revealed to your estate planning attorney to make sure they do the job right? The more information you expose regarding relationships as well as other […]

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Think Outside The Will – What Else Makes A Great Estate Plan For Pa Residents? Part 1

When you think about doing the right thing and taking care
of your spouse, children, friends or loved ones, you probably say
to yourself: “I’ve really got to do a will.” But there are….

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Contesting a Will or Estate Plan | Pennsylvania Estate Planning

When Creating Your Will, Get Help to Avoid Contestation in Pennsylvania When you are creating a will, you might not be thinking about whether or not one of your beneficiaries will try to contest it, but the fact of the matter is that this happens quite often. Sometimes it’s a matter of a beneficiary who […]

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GRATs Used To Perfection By Facebook Creators

It is being reported that in 2008 Mark Zuckerberg and Dustin Moskovitz transferred a significant portion of their Facebook stock into a Grantor Retained Annuity Trust (GRAT). Facebook had not yet “gone public” and therefore the value of the stock was far below what it would be following the initial public offering (IPO). The Facebook […]

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Estate Planning For Pennsylvania Blended Families

PA estate and trust attorney David Frees reviews the estate planning issues facing blended families

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