How to Pass On Family Heirlooms & Keepsakes Without Causing a Family Feud
Entrusted Legacy Law
Feb 24, 2023
Pennsylvania - Greater Pittsburgh Area
Email US
Click to Email Us
When creating an estate plan, people are often most concerned with passing on the “big things” like real estate, bank accounts, and vehicles. Yet these possessions very often aren’t the items that have the most meaning for the loved ones we leave behind.
Smaller items, like family heirlooms and keepsakes, which may not have a high dollar value, frequently have the most sentimental value for our family members. But for a number of reasons, these personal possessions are often not specifically accounted for in wills, trusts, and other estate planning documents.
However, it’s critical that you don’t overlook this type of property in your estate plan, as the distribution of such items can become a source of intense conflict and strife for those you leave behind. In fact, if you don’t properly address family heirlooms and keepsakes in your estate plan, it can lead to long-lasting disagreements that can tear your family apart.
Heirlooms & Keepsakes: Little Things With Big Value
Heirlooms and keepsakes are both prized for their sentimental value, but these possessions are slightly different from one another in terms of the manner in which the items are passed on.
Heirlooms: Heirlooms are passed down among family members for generations, and the passing of heirlooms sometimes involves traditions. For example, the first daughter to marry inherits grandmother’s heirloom wedding ring.
Keepsakes: Keepsakes, on the other hand, are possessions that are given or kept specifically for sentimental or nostalgic reasons, and these items may only get passed on once. For example, photo albums are a typical keepsake that are treasured by many families. If a keepsake gets passed on multiple times, it may eventually become a family heirloom.
Although just about any personal possession could be considered an heirloom or keepsake, some of the most common examples of these items include the following:
Jewelry
Photographs
Books
Art
Musical instruments
Furniture
Clothing
Bibles
Recipes
Family documents (such as birth certificates, baptism records, and citizenship papers)
Collections (such as sports memorabilia, coins, stamps, and doll collections)
Issues Raised By Passing On Heirlooms & Keepsakes
In the legal world, both heirlooms and keepsakes are considered “non-titled personal property.” As mentioned earlier, when there is no plan in place for the distribution of these items following the owner’s death, it can create bitter conflicts among family members. Indeed, fights over heirlooms and keepsakes can cause close family members to never speak with one another again.
In her book “Who Gets Grandma’s Yellow Pie Plate?” Professor Marlene S. Stum, an expert in family social science at the University of Minnesota, warns of the infighting that can occur when there’s no plan for who inherits these personal effects.
“What surprises many people is that often the transfer of non-titled personal property creates more challenges among family members than the transfer of titled property,” says Stum. “Research has shown that disputes over inheritance and property distribution are one of the major reasons for adult siblings to break off relationships with one another.”
Given the potential trouble the distribution of heirlooms and keepsakes can cause for your heirs, you’ll want to take extra care in seeing that these family treasures are passed on properly. And this means incorporating them into your estate plan in one way or another.
Strategies For Peacefully Distributing Heirlooms & Keepsakes
While there is no one perfect way to distribute these items in your estate plan, your primary goal should be to maintain harmony among your loved ones during an already emotional time. As with most sensitive issues, clear communication is vital to this process.
Because your family members can have vastly different values associated with certain heirlooms and keepsakes and you may have little idea about how each person feels, you should speak with each family member in advance. By talking with family members about their feelings and expectations regarding your possessions ahead of time, you will have a much better idea how to distribute these items to your loved ones with the least amount of conflict.
Additionally, you should decide ahead of time if you need to have any of your heirlooms or keepsakes appraised. In doing so, you provide your heirs with the necessary documentation to gauge the monetary value of these items, and you can save them from extra work while they are mourning your death.
Again, the manner in which you distribute your heirlooms and keepsakes will depend largely on the items you have to pass on and your specific family situation. That said, here are a few estate planning strategies to consider when passing on these precious possessions.
Gifting during your lifetime: Of course, you don’t have to wait until you die to pass on your heirlooms and keepsakes, and you may prefer to give away certain special items while you are still living. By doing so, you get to personally witness the joy your loved ones experience when they receive the gift, and you can also personally explain the reasons you want each person to have a particular item.
If your heirlooms and/or keepsakes have a high monetary value, you should keep gift tax issues in mind when you give them away. That said, the IRS has a high annual gift tax exclusion ($16,000 in 2022) and an equally high lifetime exclusion ($12.06 million in 2022), so few people will need to worry about such taxes.
Keep in mind, the lifetime exclusion amount will revert back to its pre-2018 level of around $5 million per individual in 2026, so if you are considering gifting high-value possessions, you may want to do it sooner, rather than later. In any case, if you have possessions you want to give away that might trigger gift taxes, meet with us, your Personal Family Lawyer to discuss your options.
Include items in your estate plan using a personal property memorandum: As with other assets you want to pass on after your death, you should include heirlooms and keepsakes in your estate plan by adding them to your will or trust. The best way to do this is by using what’s known as a personal property memorandum.
A personal property memorandum is a separate document that is referenced in your will or living trust. The memorandum allows you to list which items you wish to leave to each individual and detail the reasons you are giving each item. In many states, if it’s properly incorporated into your will or trust, a personal property memorandum is a legally binding document.
Furthermore, unlike a will or trust, you can create and update your memorandum without a lawyer’s help. You can change your memorandum as many times as you like, just make sure you sign and date it each time to ensure authenticity. Your memorandum can be as long or short as you like, which allows you to account for even the smallest or seemingly insignificant possessions.
Most types of tangible personal property can be included in your memorandum, but it’s important to note that you cannot list certain assets in a memorandum, including titled property, such as real estate and vehicles; assets with a beneficiary designation, such as life insurance, 401(k)s, and bank accounts; or intellectual property, such as works protected by a copyrights or trademark. If you are unsure if you should include a certain possession in your personal property memorandum, consult with us.
Although you don’t need a lawyer to create or modify your personal property memorandum, if you need any help or support with yours, reach out to us, your Personal Family Lawyer. That said, you should always enlist our assistance if you’d like to create or update your will or trust.
Pass on the values & stories behind the possessions: You may want to consider making audio recordings to accompany your heirlooms and keepsakes. In this way, your loved ones not only get to hear your voice, but they will also be able to learn the stories behind the possessions, as well as the reasons why you gave each person a particular item.
These stories not only help connect you with future generations, but having a strong family narrative also helps young people develop strong personal identities and boosts their self esteem. In the New York Times article, “The Stories that Bind Us,” author Bruce Feiler comments on this phenomenon: “The more children knew about their family’s history, the stronger their sense of control over their lives, the higher their self-esteem, and the more successfully they believed their families functioned.”
Best of all, you don’t have to worry about creating these recordings yourself, as we offer this exact service during our Life and Legacy Interviews. In every estate plan we create for our clients, we will personally guide you to create a customized recording for the people you love, and then we will provide you with the recording digitally to ensure it will survive long after you are gone.
Don’t Let Anything Fall Through The Cracks
Of course, if no one can find your heirlooms and keepsakes, they aren’t going to do anybody any good. For this reason, it’s vital that you create and maintain a comprehensive inventory of all of your assets, including each of your family heirlooms and keepsakes. Fortunately, this is another service we offer all of our clients at no additional charge. Indeed, we will not only help you create a comprehensive asset inventory, we have systems in place to make sure your inventory stays consistently updated throughout your lifetime. Schedule a meeting with us, your local Personal Family Lawyer to incorporate your inventory with your other estate planning strategies.
Keep The Peace After You're Gone
To ensure your heirlooms and keepsakes don’t create any unnecessary conflicts among your heirs, make sure that your estate plan includes all of your assets, especially your family heirlooms and keepsakes. As your Personal Family Lawyer, we can support you to ensure these precious treasures are protected and preserved as part of your Life & Legacy Plan, and that they pass to each of your loved ones in exactly the manner you would want, without causing a family feud. Contact us today to learn more.
This article is a service of Sharek Law Office, LLC. We don’t just draft documents; we ensure you make informed and empowered decisions about life and death, for yourself and the people you love. That's why we offer a Life and Legacy Planning Session, during which you will get more financially organized than you’ve ever been before, and make all the best choices for the people you love. You can begin by calling our office today to schedule a Life and Legacy Planning Session and mention this article to find out how to get this $750 session at no charge.
Other Articles You May Like
Estate Planning in Dallas, Texas: A Guide for Families
Estate planning is one of the most important steps you can take to ensure that your assets are distributed according to your wishes after you pass away. Whether you are planning for the future or managing the estate of a loved one, understanding the key aspects of estate planning is essential. For residents in Dallas, Texas, there are numerous resources and professionals available to help guide you through the process.In this blog, we will explore what estate planning is, why its crucial, and how to get started in Dallas, Texas.What is Estate Planning?Estate planning involves making arrangements for the management and distribution of your assets after your death. Its not just about distributing property; estate planning also includes planning for healthcare, guardianship of minor children, and ensuring that your loved ones are provided for in case youre unable to make decisions for yourself.Key components of estate planning include:Wills: Legal documents that specify how your assets should be distributed.Trusts: Arrangements that allow a trustee to manage your assets on behalf of beneficiaries.Powers of Attorney: Legal documents that designate someone to make decisions on your behalf if you're unable to do so.Healthcare Directives: Legal documents that outline your healthcare preferences if you're incapacitated.Why Estate Planning is Essential in Dallas, TexasEstate planning is vital for everyone, regardless of age or wealth. It provides peace of mind knowing that your family will not face unnecessary confusion or legal battles after your passing. Here are a few reasons why estate planning is crucial for families in Dallas:Protection for Your Family: Without a clear estate plan, your loved ones could face delays and costly legal battles as they try to settle your estate. Estate planning helps ensure that your family members are cared for according to your wishes.Tax Efficiency: Proper estate planning can help minimize the taxes your heirs may need to pay, ensuring that more of your estate goes to your loved ones.Avoiding Probate: Having a well-structured estate plan, including a trust, can help your heirs avoid the lengthy and costly probate process. This is especially beneficial in Dallas, where the legal process can be complicated.Healthcare Decisions: Estate planning also allows you to make decisions about healthcare, such as designating a medical power of attorney and specifying your preferences for end-of-life care.Steps to Take for Estate Planning in DallasIf youre ready to start your estate planning journey in Dallas, here are the steps you should consider: Identify Your Assets: Make a list of your assets, including properties, financial accounts, and personal belongings. Knowing what you have is the first step in planning for its distribution. Choose Beneficiaries: Decide who will inherit your assets. This could be family members, friends, or charitable organizations. Create a Will or Trust: A will ensures that your assets go to the people or organizations of your choice. A trust allows for more flexible asset management and may help your heirs avoid the probate process. Many Dallas families find that establishing a trust is an effective way to manage wealth transfer. Designate Powers of Attorney: Choose trusted individuals to make financial and healthcare decisions on your behalf if you become incapacitated. Review Your Plan Regularly: Life circumstances change, so its essential to review and update your estate plan regularly, especially after major events such as marriage, the birth of a child, or the acquisition of new assets. Finding Estate Planning Professionals in DallasDallas is home to a wide range of professionals who can help with estate planning, from attorneys to financial advisors. Finding the right professional is crucial to ensuring that your estate plan is legally sound and meets your needs.For assistance with estate planning, you can explore resources in Dallas through the Seniors Blue Book directory. This directory connects families with trusted professionals specializing in legal, financial, and elder care services.Explore estate planning resources in Dallas here: Estate Planning Resources in DallasFind professionals in the Dallas area who specialize in estate planning: Estate Planning Experts in DallasConclusion Estate planning is an important step that every individual in Dallas should consider. Whether youre preparing for the future or settling the affairs of a loved one, an effective estate plan can save time, money, and stress for your family members. By making informed decisions today, you can ensure that your wishes are followed, and your loved ones are well cared for.
Estate Planning in Colorado Springs: Protecting Your Future and Your Legacy
Estate planning is a crucial aspect of preparing for the future. It involves making decisions about how your assets will be distributed after your death, ensuring that your healthcare needs are met if you become incapacitated, and safeguarding your legacy for future generations. In Colorado Springs, where many seniors are looking to secure their financial futures and provide peace of mind to their families, estate planning is an essential part of the process.Whether youre just beginning your estate planning journey or reviewing an existing plan, understanding the key components is vital. This blog will explore the importance of estate planning, why its crucial for seniors in Colorado Springs, and how you can get started today. What Is Estate Planning?At its core, estate planning is the process of making arrangements for your assets and affairs, ensuring that your wishes are honored after your death or if youre unable to manage your own affairs. The goal of estate planning is to provide clarity and prevent legal complications for your loved ones.For seniors, estate planning includes addressing concerns like:Wills and trusts to ensure your assets are passed on according to your wishesPower of attorney to appoint someone to manage your finances or make medical decisions if you become incapacitatedHealthcare directives to outline your wishes for medical care if you can no longer communicateGuardianship provisions to designate care for dependents, if applicable Why Estate Planning Is Important for Seniors in Colorado SpringsAs you age, planning for the future becomes even more essential. Colorado Springs is home to a large and active senior community, with many individuals looking to ensure that their healthcare, assets, and legacy are managed appropriately.Here are several reasons why estate planning is especially important for seniors:1. Ensure Your Wishes Are FollowedWithout a comprehensive estate plan, state laws will decide how your assets are distributed. This can lead to disputes among family members and may not reflect your wishes. By creating a will or trust, you ensure that your property goes to the people or causes that matter most to you.2. Prepare for Healthcare NeedsAs health conditions change with age, having a plan in place for your healthcare is critical. With healthcare directives, you can express your desires for medical treatment, end-of-life care, and other critical health decisions. Additionally, appointing a durable power of attorney ensures someone can manage your finances and make decisions if youre unable to do so.3. Reduce Stress for Your Loved OnesEstate planning is one of the best ways to reduce the burden on your family members. Without a clear plan, loved ones may have to deal with complex legal processes, which can be emotionally and financially taxing. Having everything in place ahead of time provides your family with peace of mind during a challenging time.4. Avoid ProbateProbate is the legal process by which a deceased persons will is validated, and their assets are distributed. This process can be lengthy and expensive, especially in Colorado, where estates can be subject to probate fees. A well-structured estate plan can help minimize or even avoid probate, ensuring that your beneficiaries receive their inheritance more quickly. Steps to Take for Estate Planning in Colorado SpringsCreating an estate plan is a step-by-step process that often involves professional assistance. Here are the key steps you should consider when planning your estate in Colorado Springs:1. Assess Your AssetsStart by making a list of your assets, including property, investments, retirement accounts, life insurance policies, and personal belongings. This will give you an understanding of what needs to be managed.2. Decide Who Will Make Decisions for YouIf you become incapacitated, youll need someone to make decisions on your behalf. Consider who you trust to act as your power of attorney for both financial and healthcare decisions.3. Create a Will or TrustA will outlines how you want your assets distributed, while a trust can help avoid probate and provide more control over your assets after death. Your legal advisor can help you decide which option is best for your circumstances.4. Appoint a Guardian for DependentsIf you have dependents (such as minor children or family members with disabilities), you should name a guardian to care for them. This ensures that your dependents will be cared for by someone you trust.5. Review and Update Your Plan RegularlyEstate planning is not a one-time task. As your life circumstances changewhether its through a move, marriage, or change in assetsits important to review and update your estate plan accordingly. Estate Planning Resources in Colorado SpringsColorado Springs offers a wealth of professional resources to assist you with your estate planning needs. From legal advisors and financial planners to healthcare professionals and senior resources, you can find the right support in the area to ensure your plan is comprehensive and legally sound.To explore more about estate planning options in Colorado Springs, visit our Senior Resources Directory. You can find trusted professionals and organizations that can guide you through the estate planning process. Final Thoughts: Secure Your Future with Estate PlanningEstate planning is an essential step in protecting your future and ensuring that your wishes are followed. For seniors in Colorado Springs, planning for the future doesnt just give you peace of mindit also helps safeguard your family and loved ones from unnecessary stress and uncertainty. Dont waitbegin your estate planning journey today and ensure that your legacy is protected for generations to come.
Estate Planning in Denver: A Smart Step for Seniors and Their Families
Planning for the future is one of the most important things we can do to protect our families and preserve our legacy. In Denver, Colorado, where an increasing number of older adults are choosing to age in place or relocate for quality senior services, estate planning is a critical component of preparing for the next stage of life.Whether you're thinking about creating a will, assigning a power of attorney, or setting up a trust, understanding the basics of estate planning and how to get started in the Denver area can bring peace of mind and lasting benefits for your loved ones. What Is Estate Planning?Estate planning is the process of arranging and organizing your assets and healthcare preferences so that your wishes are clearly documented and legally enforceable. It involves creating key legal documents such as:A Last Will and TestamentA Living TrustPowers of Attorney for healthcare and financesAdvance Directives and Living WillsGuardianship designations for minors or dependentsThese tools ensure your wishes are carried out in the event of illness, incapacity, or deathwhile also easing the burden on your family members. Why Estate Planning Matters for Denver SeniorsDenver is home to a thriving and diverse senior population. As more individuals reach retirement age, estate planning becomes a vital part of preparing for long-term care, managing assets, and reducing the legal complexities families may face after a loved one passes.Heres why estate planning is especially important in Denver:Protecting Your Assets: Rising home values and diverse investment portfolios in Denver mean many seniors have more to protect. Estate planning ensures those assets are passed on according to your wishes.Planning for Health and Care: Denver offers a wide range of healthcare and senior living options. By including medical directives in your estate plan, you can ensure your preferences for care are honored.Reducing Stress for Loved Ones: Clear estate plans reduce confusion and family disputes while helping loved ones manage your affairs efficiently and legally. Estate Planning Resources in DenverEstate planning doesnt have to be overwhelming. The Denver metro area is rich in resources to help seniors make informed decisions, including elder law attorneys, financial advisors, and nonprofit legal services. It's important to work with professionals familiar with Colorado estate laws.You can start your search for local estate planning support and elder law services here:Denver Senior Resources Directory Legal & Financial Services for Denver Seniors Getting Started with Estate Planning in ColoradoIf you're new to estate planning or revisiting your documents after a life change, here are a few steps to get started: Take Inventory of Your Assets: Include property, investments, retirement accounts, insurance policies, and personal belongings. Define Your Wishes: Decide who should receive your assets, who will make decisions for you if you're unable, and what kind of medical care you want. Consult with a Professional: An elder law attorney or estate planner can help you understand state laws and create a legally sound plan. Keep Documents Updated: Revisit your estate plan every few years or after major life events such as marriage, divorce, or the birth of a grandchild. A Final Word: Peace of Mind Through PlanningEstate planning is one of the greatest gifts you can give to your loved ones. It ensures your legacy is protected, your healthcare choices are honored, and your family is supported during lifes most difficult transitions. If you or a loved one are considering estate planning in the Denver area, take advantage of the trusted resources offered by Seniors Blue Book. We are here to help you navigate the journey with clarity and confidence.
Local Services By This Author
Entrusted Legacy Law
Special Needs Trusts 100 Pinewood Lane Suite #303, Warrendale, Pennsylvania, 15086Comprehensive Special Needs Estate Planning & Special Needs Trusts in PennsylvaniaEstate planning for families with special needs children presents a unique set of financial, legal, and healthcare challenges that require the expertise of a special needs planning attorney. Not all estate planning lawyers understand the intricacies involved, but the experienced special needs estate planning attorneys at Entrusted Legacy Law are dedicated to ensuring your child with special needs is fully protected when you are no longer able to serve as their primary caregiver.We provide a full range of estate planning services tailored to families with special needs children in Pennsylvania. Our goal is to help you preserve assets for your childs future care while ensuring they remain eligible for essential government benefits like Medicaid and Supplemental Security Income (SSI). We assist in setting up special needs trusts (SNTs) to safeguard financial resources, appointing legal guardians and trustees, and identifying long-term care options to ensure your child receives the best possible support and housing solutions.Special Needs Trusts & Asset ProtectionOne of the most significant challenges in special needs financial planning is ensuring that your child has adequate resources without jeopardizing their eligibility for public assistance programs. Many families unknowingly risk disqualifying their child from essential benefits by leaving them a direct financial inheritance. Instead, the best strategy is to establish a special needs trust to provide financial security while preserving their access to Medicaid, SSI, and other government assistance programs.A properly structured special needs trust allows funds to be used for supplemental expensessuch as medical care, therapy, education, and personal carewithout affecting eligibility for disability benefits. However, the regulations governing these trusts are complex. Funds must be managed by a designated trustee and cannot be distributed directly to the beneficiary, as this could trigger disqualification from public benefits. Additionally, a child's needs evolve over time, making it critical to have a trust that can adapt to changing circumstances and legal requirements.By working with an experienced Pennsylvania special needs attorney, you can ensure that your childs special needs trust is legally sound, structured correctly, and customized to their specific requirements.Special Needs Planning for Families in PennsylvaniaAt Entrusted Legacy Law, we specialize in estate planning for children with disabilities, including Down syndrome, autism, cerebral palsy, and other developmental or intellectual disabilities. Our firm helps families create a comprehensive life care plan that provides financial security while safeguarding access to government benefits and essential support services.Whether you need help establishing a special needs trust, securing a legal guardian, or planning for long-term care and housing, our Pennsylvania special needs planning attorneys are here to guide you through every step of the process.Contact Entrusted Legacy Law today to start creating a sustainable, secure future for your child with special needs.
Entrusted Legacy Law
Probate 100 Pinewood Lane Suite #303, Warrendale, Pennsylvania, 15086Pennsylvania Probate: What You Need to Know After the Passing of a Loved OneIf you are here to learn about Pennsylvania probate laws after the passing of a loved one, we first want to extend our sincere condolences. We understand that this is a difficult time, and we hope the information on this page provides clarity and helps minimize the legal and administrative challenges you may otherwise face.What Is Probate in Pennsylvania?Probate in Pennsylvania is a court-supervised legal process that ensures the transfer of assets from a deceased individual to their rightful heirs or beneficiaries. This process is essential for: Proving the validity of a will Appointing an executor (if there is a will) or an administrator (if there is no will) Inventorying and appraising estate property Paying outstanding debts, estate taxes, and creditors Distributing assets as directed by the willor by Pennsylvania intestacy laws if no will existsIn Pennsylvania, if a deceased person owned real estate or assets solely in their name, their estate must go through probate before assets can be legally distributed.The Downsides of Pennsylvania Probateand What You Can Do NextMany residents in Allegheny County, Butler County, Beaver County, Washington County, and Westmoreland County have heard that probate is a lengthy, expensive, and public process. Unfortunately, this is truewithout proper estate planning, probate can be costly and time-consuming.The best way to avoid probate in Pennsylvania is to plan ahead using strategies such as revocable living trusts, beneficiary designations, and joint ownership structures. However, if you are already in a position where probate is required, the best thing you can do is educate yourself and seek experienced probate legal assistance to complete the process as efficiently and cost-effectively as possible.How Is a Probate Case Started in Pennsylvania?Probate can be initiated by any beneficiary or creditor, but most often, the process begins when the Executor named in the will files the original will and a petition with the Pennsylvania probate court.If there is no will, a close relative of the deceased (such as a spouse, child, or sibling) typically files the petition to become the Administrator of the Estate.Choosing the Executor for a Pennsylvania EstateIf a valid will exists, the individual named as Executor will handle the probate processif they are eligible and willingIf no Executor is available or no will exists, any interested party (such as a family member) can petition the Pennsylvania Orphans' Court to be appointed as the Administrator of the Estate.Executor Compensation in PennsylvaniaUnder Pennsylvania probate law, Executors and Administrators receive compensation based on a percentage of the total probate estate value. This is designed to fairly compensate them for their time and effort in managing estate matters.However, Executors can be held personally liable for any mistakes made during the process. Given the complexity of Pennsylvania probate rules, its critical to work with a skilled probate attorney to avoid legal pitfalls.Do You Need to Go Through Probate If a Trust Exists?In most cases, no. If the deceaseds assets were properly titled in the name of a trust, probate is not required. Instead, the successor trustee will work with an estate planning lawyer to administer the trust and distribute assets.However, many families are surprised to learn that simply having a trust does not guarantee that probate will be avoided. Common mistakes include: The trust was not updated over time to reflect new assets. The decedents assets were never properly transferred into the trust.To ensure your estate plan works as intended, its important to work with an estate planning attorney who provides ongoing trust maintenance and reviews.Which Assets Are Subject to Probate in Pennsylvania?Assets that must go through probate include: Real estate, bank accounts, or investments owned solely in the deceaseds name Personal property and valuable assets without a beneficiary designationAssets that bypass probate include: Jointly owned property with Right of Survivorship Bank accounts or investment accounts with Transfer on Death (TOD) or Payable on Death (POD) designations Life insurance policies and retirement accounts with named beneficiariesHowever, some assets that normally bypass probate can still become subject to the process under certain circumstances. Consult with a Pennsylvania probate attorney to determine if probate applies to your specific situation.How Pennsylvania Intestacy Laws Distribute an Estate When There Is No WillIf no valid will exists, Pennsylvania intestacy laws dictate how the estate will be distributed:1 Spouse (If married, a portion or all of the estate goes to the spouse)2 Children (If the deceased had children, they inherit next)3 Parents (If there are no children, parents inherit)4 Siblings (If no spouse, children, or parents, siblings inherit)This highlights the importance of estate planningwithout a will or trust, the state determines who receives your assets.How Long Does Pennsylvania Probate Take?The timeline for Pennsylvania probate varies depending on the estates complexity. On average: Minimum of 12 months for simple cases Up to 2+ years for complex estates, disputes, or tax-related mattersWhat Are the Costs of Probate in Pennsylvania?Probate costs in Pennsylvania include: Attorneys fees (Based on estate size and complexity) Court filing fees Executor fees (set by Pennsylvania law) Appraisal and valuation fees Publication and administrative costsIn more complex estates, additional fees may apply, increasing probate expenses and delays.How to Choose the Right Pennsylvania Probate AttorneySelecting the right probate lawyer in Pennsylvania is crucial. Many general practice lawyers dabble in probate law, but only experienced probate attorneys have the knowledge to navigate complex estate matters efficiently. You do NOT have to use the attorney who prepared the will. You have the right to choose a specialized probate lawyer who understands the nuances of Pennsylvania estate law and can expedite the process. Avoid costly mistakes. Working with an experienced probate attorney prevents errors that could increase costs, cause delays, or result in legal disputes.Contact Entrusted Legacy Law for a Complimentary Pennsylvania Probate ConsultationIf youre ready to begin the probate process in Pennsylvania, our Allegheny County and Butler County probate attorneys are here to guide you.Call us at 412-347-1731 to schedule a complimentary 15-minute consultation to determine your next best steps.During your consultation, we will: Answer your probate-related questions Provide guidance on estate administration Help you navigate the Pennsylvania probate process efficientlyWe are here to relieve the legal and administrative burden during this difficult time and ensure that your loved ones estate is handled with care.
Entrusted Legacy Law
Elder Law 100 Pinewood Lane Suite #303, Warrendale, Pennsylvania, 15086Our Firm Prepares You for Life What makes our firm different is that we were built with the needs of growing families in mind. We understand you are BUSY, you are growing, you are planning for a life of prosperity and you value ease, convenience and efficiency. You are raising children, and caring for elderly parents, while also working hard to build your own nest egg for a lifetime of support. You want to know youve made the best decisions for your family and that your plan will work when your loved ones need it most. You want to make sure your minor children would be raised by the people you choose, and never by anyone you wouldnt want, and that your teens and adult children are properly prepared to care for you and what you leave behind. You want to feel confident that youve made the right choices, and handled everything so that you arent leaving behind a mess, when something happens. That is our focus as well. Weve developed unique systems to give you the same access to a Personal Family Lawyer as was previously only available to the super-wealthy, so you can have the guidance you need to build and maintain a life of prosperity and wealth. And, to keep your family out of court and out of conflict, which is the greatest risk to the people you love and all you have created, even if youve already worked with a traditional lawyer or created documents online. Our Team Is Here for You We encourage communication with our clients. In fact, weve thrown out the time clocks so you never have to be afraid to call with a quick question. Everything we do is billed on a flat-fee basis, agreed to in advance, so there are never any surprises. We have a whole team to serve you. When you call our office to ask your quick question, you wont have to wait hours or days for a phone call back. Youll get your question answered, right away. And, if you need to schedule a more in-depth legal or strategic call with your Personal Family Lawyer, a call will be scheduled when you're both available and ready for the call so we can make the very best use of your time and not waste your time by leaving voicemail after voicemail back and forth. And, we ensure the most important details of your planning are followed through on and your plan continues to work throughout your lifetime. We have a funding coordinator to ensure your assets are owned the right way throughout your lifetime and none of your assets will end up going through a long, expensive court process or being lost to the state because they were missed after your death. Weve created unique membership programs to keep your plan up to date year in and year out as well as give you access to our Trusted Team of Legal Experts for guidance on ANY legal or financial matter. One day you will need a lawyer. I dont know why and I dont know when, but when you do, you will be grateful you can call on us and well be here to advise you or get you out of a jam. We Help You Transfer Your Life and Legacy Lastly, we believe your financial wealth is only a small part of your overall Life and Legacy Planning which is made up of your far more valuable and most often lost upon incapacity or death intellectual, spiritual and human assets. These assets are what make you who you are, and sum up whats most important to you. And, a survey of inheritors has revealed that what they care about even more than inheriting your money, is inheriting these intangible assets. Most estate plans only focus on the transfer of your financial wealth to the next generation. Most people have such great intentions of passing on the intangible, but very few ever get around to it. Its just not a priority, until its too late. How much do you know about your grandparents values? Their most prized personal possessions? How they felt about you? What they had learned during their lifetime? If you are like most people, you know very little. Thats why we build the capture and passage of these most valuable assets into every estate plan we create. Not only will we help you pass on your money, but also your values, your insights, your stories and your experience the truly valuable assets your loved ones care about the most. Weve developed a tool that allows us to capture and pass on your whole family wealth, including your Intellectual, Spiritual and Human assets. I cant go into all of the details here, but well definitely talk about it when you come in for your Life and Legacy Planning Session.