Villanova, PA Estate Planning Attorney
Everyone’s goals are different and are particular to their family and financial circumstances. The Villanova Estate Planning attorneys at Baratta, Russell & Baratta are here to help you navigate the path.
It is our goal to ensure that a client’s estate plan transfers their assets where they are intended while maximizing wealth transferred and minimizing transfer taxes and other expenses. Critical to a plan is the control and protection of assets for minor children, disabled beneficiaries, or inexperienced persons.
The Attorneys of Baratta, Russell & Baratta are experienced in many areas of Estate Planning Law in Villanova, PA, including but not limited to:
Estate planning in Villanova also involves planning for potential disability and incapacity, which can leave an individual exposed to the Court’s appointment of someone else to control the assets or medical needs of an individual. Proper planning allows a person to identify the best individual who can assist in the event of disability and also to provide parameters and instructions to that individual.
The people of Villanova know the importance of estate planning. Villanova is one of the wealthiest zip codes in the United States. The average home value is around around $1M.
Baratta Russell & Baratta typically recommends the preparation of three documents for every person regardless of circumstances: a Last Will and Testament, a Durable Financial Power of Attorney and an Advance Directive for Healthcare. A client’s family situation or financial picture may make it advantageous to consider additional documents as well, such as trusts or business entities.
The estate planning attorneys at Baratta Russell & Baratta are experienced in using advanced planning techniques to minimize taxes while transferring assets to family and future generations. Our primary goal is to understand what you want, and then to tailor a plan to make that happen as efficiently as possible.
Ken Russell was recently quoted in a Barron’s article “Power of Attorney Abuse Can Drain Retirement Savings – Choose One Wisely”
For additional information please refer to our Bryn Mawr Estate Planning reading materials:
Villanova is a suburb of Philadelphia. It straddles Lower Merion Township in Montgomery County and Radnor Township in Delaware County. It is located at the center of the Philadelphia Main Line, a series of highly affluent Philadelphia suburbs located along the original east–west railroad tracks of the Pennsylvania Railroad. It is served by the SEPTA Paoli/Thorndale Line regional rail train and Norristown High Speed Line. It’s home to Villanova University and the Willows Park.