Bayard provides clients with the advice and documentation necessary to effectively plan their estates. In matters straightforward or complex, Bayard attorneys give each client personal and individualized service. After all, planning an estate entails two of the most important aspects of people’s lives: family and property. Estate planning implements clients’ intentions regarding the disposition of property to named recipients in the most tax and cost efficient way. It also entails naming people to handle financial and medical affairs in case of clients’ incapacity.
Bayard attorneys recognize the significance. The firm routinely prepares wills, revocable trusts, powers of attorney and living wills. Its estate planning attorneys are also well versed in more sophisticated planning vehicles including life insurance trusts, asset protection trusts, special needs trusts and generation skipping trusts. Bayard’s estate planning group represents clients residing in Delaware, Maryland, and Pennsylvania.
Bayard also works with executors and trustees in their fiduciary role as administrators of an estate or trust. The firm’s attorneys assist with inheritance, estate and income tax issues , inventories and accountings, and settlement agreements. Bayard attorneys appear in the Delaware Court of Chancery and the Pennsylvania Orphans’ Court in proceedings that involved formal estate and trust accountings, trust reformations and terminations, and dispute resolutions.
