235 North Sycamore Street, Newtown, Pa 18940
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Estate Planning | Special Needs Planning | Elder Law
Law Office of David T. Siegel, Esq., LLC
Like the seasons, our lives change over time.
At the Law Office of David T. Siegel, Esq., LLC we take a more holistic approach to estate and special needs planning. We look at the client as a whole in all aspects of their lives including: their family structure, financial resources, health and healthcare needs, tax structure, charitable giving philosophy, and all other distinctive elements that make each and every client unique. We begin with the understanding that no two clients are the same and therefore no two estate or special needs plans can be the same. That is why we do not create "cookie-cutter" plans, instead we draft individual plans that have been customized for that particular client and their family. We use a four stage planning process with each client. This process begins at our initial consultation and continuing through their lives and the lives of their family.
Our process begins by gathering as much information about the client, their family, and their unique situation to provide us with an in-depth and complete assessment of the client. We can then plan accordingly for their family's future by answering the question:What are the goal or goals of the client? Because each client is different, each client will have a different goal for their plan including ease of administration, leaving an organized estate, planning for a blended family, maintaining family harmony, tax planning, asset protection, probate avoidance, charitable planning, planning for incapacity, special needs planning, pet trusts, same sex estate planning, or guardianships/conservatorships. Once we have a goal, we assess the client's current family, financial, and healthcare situations and determine how those goals can best be reached through the proper coordination and implementation of a full and complete estate or special needs plan.
For the plan to succeed long-term, we need to update and maintain estate and special needs plans over the course of the clients' lifetimes. We don’t know what the future will bring but we do know that there will be change; family situations change, financial situations change, laws change, taxes change, health and healthcare needs change, government programs and benefits change; everything changes over time. What you planned for today, may not be relevant or appropriate two years from now, nor 5 years from now, and definitely not 10 years from now. Maintaining and updating your estate or special needs plan is the single best method to ensure that your plan stays on track.