Estate & Business Planning

Estate Planning

Estate planning is the term that people use to describe the process of organizing your financial affairs for the next generation and the documents that secure the process that you select.

Estate planning most often includes a will, that directs the disposition of the property that you own; a power of attorney, that designates someone to take care of your financial affairs if you are not able to do so; and a living will, also called an advance health care directive, that directs the medical treatment that you desire, if you are unable to speak.

You may also decide that you would like to create a trust that names someone else, your trustee, to act on your behalf with regard to your property.

Business Succession Planning

Many families face the challenges of continuing a family business as an older generation becomes less active and shares the responsibility of running a family business with the next generation.  A Collaborative Process can ensure that all family members are heard and acknowledged.

Estate and business succession planning requires responsible decision making and cooperation. Partner with a Collaborative team to discuss arrangements for your financial affairs and lead your family business into the future.

Our law professionals and certified financial planners advise individuals who have chosen to settle their legal affairs using Collaborative Practice in Bucks County, Montgomery County, Delaware County, Chester County, Philadelphia, and the surrounding areas.

Find a member of the Collaborative Law Professionals of Southeastern Pennsylvania and schedule a consultation today.

How can a collaborative approach help me after the death of a loved one?

Many families face some conflict after the death of a loved one and can benefit from the Collaborative Team’s assistance in resolving disagreements about the distribution of funds or the receipt of cherished family mementos.

How can the Collaborative Team help my family-owned business in transition?

Our Collaborative Team that includes a lawyer for each party, a neutral Financial Specialist and Coach, can guide your family members during a leadership transition.

How can the Collaborative Team help me with my will and other estate planning documents?

The preparation of a will, a power of attorney or a living will can sometimes present difficult choices. For example, if you hesitate to name one child over another and worry that a child may feel hurt by your choices, you can resolve these issues with the help of our Collaborative Team.