What Will Happen To Your Business After You Pass Away?
As a professional, you have worked hard to achieve success. What, though, will happen to what you have built after you pass away? Are there systems in place to ensure that rent is collected on your properties if you should pass away or be incapacitated? Is there a clear plan for who will operate your business if you are unable to? These plans are as important as a clear division of your assets, and you need an estate plan and other documentation that addresses that.
At Dornish Law Offices, PC, we understand that estate planning and probate can be especially complex when small business owners, real estate investors and other professionals are involved. Because of our focus on the unique needs of these individuals, we have the extensive experience necessary to help you navigate the estate planning process or to assist you in the probate process after a loved one has passed. Our attorneys have over 100 years of combined experience serving business owners and other professionals in Pennsylvania, and we can help you protect the business you have built and provide for your loved ones.
Assisting Professionals And Their Families With Estate Planning and Probate
When your estate involves real estate or business ownership, it can be particularly important to establish a plan so that the transfer of your assets goes as smoothly as possible. It can also be important to establish other documentation to ensure that your wishes for your health care, your assets and your business’s operation are followed if you should be incapacitated. The services we offer include:
- Health care declarations and “living wills”
- Powers of attorney
- Trusts (living, testamentary and inter vivos)
It is extremely important to ensure that the plan you have is customized for your specific needs. One-size-fits-all plans can leave your estate vulnerable, and at risk to higher taxes and other potentially serious consequences. We will work with you to design the plan that is right for your situation.