ROBERT CLOFINEwas born on May 30, 1956 in Philadelphia, Pennsylvania. He is a 1978... more
ROBERT CLOFINEwas born on May 30, 1956 in Philadelphia, Pennsylvania. He is a 1978 cum laude graduate of Villanova University and a 1982 cum laude graduate of the University of Pittsburgh School of Law, where he served on the Law Review. In May 2000, Mr. Clofine became the 6th Pennsylvania attorney to be Certified as an Elder Law Attorney by the National Elder Law Foundation (NELF). NELF is t... view profile
Jeffrey R. Bellomo, Esquire is a Certified Elder Law Attorney by the National Elder... more
Jeffrey R. Bellomo, Esquire is a Certified Elder Law Attorney by the National Elder Law Foundation under authorization of the Pennsylvania Supreme Court. He received an LLM in Taxation and Estate Planning Certificate from Temple University School of Law. He received a B.A. degree with a program of emphasis in Political Communication, with honors, from Juniata College. He received his Juris D... view profile
A trust is an arrangement whereby someone owns and manages money or property for another person's benefit. Like a guardianship, a trustee has decision-making authority over the trust property, but no court is involved in the trustee's action–the person who creates the trust defines the scope of the trustee's power. There are many different trust types, including probate trusts, income trusts, spendthrift trusts, and educational trusts. For example, a living trust allows you to manage your property while you are alive and to direct who will manage it if you become incapable of doing so. In essence, you choose your own “guardian” in advance and avoid having the court do it for you. A trust attorney reviews the many reasons for establishing a trust with you, and can ensure your trust will be legally valid.