I founded the Pierchoski Law Firm in 2002. For years I was predominantly a criminal defense trial attorney. Being a trial attorney has exposed me to every aspect of law and courtroom procedure, but once I was exposed to juvenile law I began to see the importance of family planning. I can tell many horror stories of minor children who get taken away into Department of Children Services custody due to their parents not being there to care for them.
Over the years I have been occasionally court-appointed to a guardianship, conservator or executor position over probate estates. I have had first-hand experience with the painfully slow probate process as well as the fees involved that deplete the estate assets.
A real eye-opener came in 2006 when my father passed away and my younger sister was named the executrix of my parent’s estate. She hired an attorney for the probate action and the process took 20 months to complete. Which is astonishing given the fact that all my parents had was their home and some money in the bank. The process was a nightmare for my siblings and I couldn’t understand how something so simple could be so cumbersome. Somewhere about one year into the process I had an argument with the probate attorney and I decided to look into what it was he was doing wrong. Turns out he was right, it does take almost 2 years and at a cost of about 16% of the estate.
These experiences forced me to evaluate my own situation and planning. My wife and I have three children and the only planning in place was a will. And that was thrown together just before we all went on a vacation and had to do a lot of flying. I came to the conclusion that I was inadequately prepared should anything happen to either me or my wife or both. After all these years of doing nothing I decided to not put my family into the same horrible position I have seen over and over.
So I began to self-educate myself on trusts and estate and wealth planning. It was a huge undertaking but I was determined to learn it. After a while I became knowledgeable and proficient. The first thing I did was construct my own family plan which I have rewritten a couple times as I learned and as circumstances have changed. Once it was finished it felt like a great relief. My wife and I were taken care of, the children were taken care of and all our life’s work and assets were going to end up exactly how and with who I wanted.
After learning about how to do family planning with a revocable living trust I am convinced there is no better way to care for your family. Surprisingly, very few people I spoke to have any such planning. Some have old, out dated wills, but very few have anything like a trust based plan. However, all these people and parents are just like me. Their family is the most important thing in their lives. They work hard all their lives to provide for their family and give them as much as they can but, very little goes into providing for them if they should die. All parents are concerned that their children and family are protected and provided for after they are gone but, most just do not understand how to plan for that.
That is when I decided to restructure my law practice. I knew I was in a position to help families just like mine. I could educate parents about trust based family plans and help them know that same relief I finally experienced when my plan was complete. It is very satisfying knowing you have helped someone in a way that makes a real difference in their lives. Helping my clients plan for the future has also created a client-attorney relationship that I have never known in my criminal defense practice.
So it became my mission to engage in the practice of law that helped my clients and their families make meaningful change in their lives and made me feel good about being part of it.
If that sounds like the kind of attorney you are looking for to plan for your families future, schedule an appointment to see me and let’s get started.