Laurel, MD asked in Estate Planning for Pennsylvania

Q: I would like to establish a PA Revocable Living Trust for my estate. How can I find an attorney experienced in RLTs?

Moving from Maryland to New Holland, PA soon.

Related Topics:
2 Lawyer Answers

A: you started out well with looking at Justia, as most of us that practice estate planning can respond to your questions. You may also want to check out Wealth Counsel for Pennsylvania attorneys in your area that draft Revocable (Living) Trusts

W. J. Winterstein Jr.
PREMIUM
Answered

A: I agree with my colleague that you've started out well in Justia (you can find PA lawyers who have done many in PA, as have I).

Many life insurance companies, hoping to sell you whole or term life or health insurance, or disability insurance, or whatever, provide "form" revocable trusts for free, and then, in my experience, mislead the insureds about the legal and tax ramifications..

And you get what you pay for.

As with most human endeavors, there's more than one path open to you. A grantor-created revocable trust provides few if any tax benefits, and can complicate future transfers.

Of course, as you seem to know, a candid conference with an attorney experienced in this area of the law is highly recommended.

Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.

The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.

Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.