John B. Whalen, Jr. Esq. proudly provides estate litigation, taxation, administration, and planning along with beneficiary representation and guardianship services to the good people of Pennsylvania. John Whalen, the principal attorney, is an extremely personable guy whose passion is providing his clients with the best legal guidance humanly possible. In order to ensure this happens, he goes above and beyond the call of duty to deliver an extraordinary level of service.
What Sets John Whalen, Jr. Esq. Apart From Other Estate Planning Attorneys
John understands that making time to create an estate plan can be difficult with today’s hectic pace of life. That is why John offers a home visit option and is available seven days a week for consultation. He also provides a flat fee rate to help his clients afford his much-needed services. The following is more information about estate planning as it relates to probate.
The Probate Process
Probate is the legal process that occurs after a person dies as it relates to their assets. If the deceased has a will, the probate process will shift ownership of said assets from the deceased to their beneficiaries as the will dictates. If they don’t have a will, probate laws will determine how the deceased’s assets will be disbursed. There are some instances when the probate process can be avoided or at least expedited.
Expedited probate occurs when the value of an estate is less than $50,000. This amount shouldn’t include funeral expenses or real estate. The probate process can be avoided altogether though, if a person has a living trust, with their property and assets listed. Jointly owned property, life insurance with a designated beneficiary as well as any bank accounts that are either transferable or payable upon death do not have to go through the probate process.
The Importance of Having an Estate Plan
Having an estate plan is vastly important, even if you don’t consider yourself wealthy. This is because everyone has assets of some sort and it should be your choice to whom those assets will transfer upon your death, not the state’s probate office. Thankfully, simply by constructing an estate plan that includes a will, you will allow your loved ones an easier transition after your death because they will know how you wanted things done.
Your Next Step
Call John Walen, Jr. Esq. today to learn more about how we can help you get a jumpstart on the estate planning process. Remember, we offer a flat fee rate and will even come to you, so what are you waiting for? Call today!