Practice Areas
Co-creating Plans That Work

Clients at work planning

Estate Planning

We work with our clients and their families, from the very young to the very old and from modest means estates through large estates, through mutual commitments, to develop, maintain and implement an estate plan to accomplish all of our clients’ estate planning goals.

Our unique Three Step Strategy™ is a process-driven method of ensuring that the proper results are achieved through regular reviews, training of family helpers, and open communication with the law office.

Participating in this process gives our clients more control over their affairs, prepares their loved ones for their responsibilities in a potential crisis, and controls the cost associated with the settlement of their estate.

To learn more, attend a new client orientation.  It’s free! <link to public calendar>


Pro Active Elder Law

None of us wants to face the ordeal of living in a nursing home at the end of our lives.  That said, we can’t escape the reality that it is a real possibility, especially when a parent or grandparent has done so.  Being proactive removes some of the sharpness of the crisis when a loved one enters a nursing home.  The financial cost is staggering and the emotional trauma is smothering.  I lived it with my father and his father before him.  Rather than wait until going into a nursing home, Pro Active Elder Law builds off of the Three Step Strategy™ of estate planning to include the special concerns when one is in failing health – while one is in good health and can make good decisions. 

The end result is a combination of family asset preservation and the dignity of determining the way in which our care is managed in the event of that catastrophic last illness that requires a nursing home stay.  The best result is achieved when the planning is done while there is no need for a nursing home stay on the horizon, hence the term “Pro Active Elder Law.”

To learn more, attend a new client orientation.  It’s free! <link to public calendar>


Special Needs

Sometimes a loved one needs a little extra care to make it through life.  Such care could range from being unable to handle money to having a medical condition that requires continuing care.  Who will care for our loved one when we are no longer around?  How do we fund a means to help support them when we are gone?  Well-meaning relatives may create unfortunate financial situations by leaving inheritances that disrupt benefit entitlements, creating an ocean of paperwork and uncertainty for families.

Modeling on the Three Step Strategy™ of estate planning, our special needs service brings the extensive counseling to focus on personal care of the special needs beneficiary as well as the financial support.  Proactively teaching relatives who might desire to leave an inheritance how to do so without inadvertently causing at most a loss of benefits and at least the stress of wrangling the system to avoid the loss of benefits.

To learn more, attend a new client orientation.  It’s free! <link to public calendar>


Trust and Estate Settlement

Once upon a time, living trusts were sold as “magic books” that did all of the work upon your death and nobody had to lift a finger of effort.  There still may be some touting that line today.  The reality is that estate plans are more like written directions for your chosen helpers to follow to settle your affairs.

The more complete your directions the easier it is for your helpers to complete their task.  We assist clients with the settlement of trusts and certain probate estates.  The difference is that the probate estate has to be managed through the court system (Register of Wills and Orphans’ Court) while a trust-based plan if fully funded, is administered privately outside the court system.


Business Planning

The business planning relationship begins with understanding the goals and aspirations and, if necessary, the formation of the proper business entity.  Often ignored is the need to properly keep the corporate books maintained.  It’s the cornerstone of liability protection for the business owner, yet it is viewed too often as a nuisance.  Succession planning avoids the business failure after the death of the owner or transfer of the business – especially when payment is financed through the purchaser.


Copyright 2017. Edward S. Clay, P.A. All rights reserved.