Wills, Trusts and Powers of Attorney
The trust and estate attorneys at Chellis & Frampton, PA recognize that every client's family and financial situation is unique, and we tailor our estate planning documents to accomplish our client's objectives while minimizing potential tax implications. Our areas of representation include:
Last Will and Testaments, Codicils
We prepare wills for clients, including simple wills for smaller estates, wills including guardianship provisions for minor children, and pour-over wills, which are wills which are designed to work in unison with a revocable living trust. If you later wish to change the provisions of your will, we can assist you in preparing a codicil to your will.
Trusts
Our estate planning attorneys assist clients in creating trusts, ranging from revocable living trusts to more complex irrevocable trusts which are designed to provide certain transfer tax advantages. We also assist our clients in properly funding their trusts with the appropriate assets, ensuring that these assets do not require probate on the death of our client, and making certain that the assets pass in accordance with the dispositive provisions of the trust.
General Durable Powers of Attorney
A properly prepared, comprehensive estate plan takes into consideration not only what will happen in the event of your death, but will also provide a plan in the event of your subsequent incapacity. A General Durable Power of Attorney is an important document that allows you to specify who will manage your financial affairs in the event you become incapacitated.
Health Care Powers of Attorney
A health care power of attorney allows you to specify who will make decisions regarding your health care in the event you are incapacitated or otherwise unable to express your wishes regarding health care. It also allows you to specify the types of medical treatment you wish to accept or decline.
Declaration of Desire for Natural Death
A Declaration of Desire for Natural Death, referred to in other states as a Living Will, allows you to specify your wishes with regard to life sustaining procedures, such as artificial nutrition and hydration. You also have the option of naming an agent with the power to revoke and/or enforce the declaration on your behalf.
Gifts
We frequently advise clients on gifting strategies and possible income, estate, gift and generation-skipping transfer tax consequences of gifting assets. Before you make a gift and then discover there are tax or other negative implications arising out of your generosity, consult with one of our experienced attorneys.
Experienced Estate Planning Representation
We welcome the opportunity to serve your estate planning needs. Contact Chellis and Frampton, PA by e-mail, or call (843) 871-7765 schedule a complimentary consultation with one of our experienced trust and estate attorneys.
