Stacey Willits McConnell

Partner, Chair - Estate Planning & Trusts

  • Estates, Wills and Trusts
Fax610.692.6210

Stacey is an Estate Planning attorney in Lamb McErlane’s West Chester, PA location. She chairs the firm’s Estate Planning and Trusts Department and has been in private practice in the Philadelphia area for more than 30 years representing both individuals and institutions.

Her practice focuses on estate planning, administration of trusts and estates, charitable giving, and sophisticated wealth preservation and transfer techniques.

Stacey is a graduate of Duke University, Stetson College of Law and the Graduate Tax Program at Boston University School of Law. She has served as President of the Chester County Estate Planning Council.

Stacey is AV Rated by the Martindale-Hubbell Peer Review System.

OTHER PRACTICE AREAS

  • Orphans Court Litigation and Mediation

ADMISSIONS:

  • Supreme Court of Pennsylvania
  • U.S. District Court For the Eastern District of Pennsylvania

EDUCATION:

  • Duke University, A.B.
  • Stetson College of Law, J.D.
  • Boston University School of Law, LLM (Taxation)

COMMUNITY SERVICE & AFFILIATIONS:

  • Member, Board of Directors, The Chester County Community Foundation
  • Member, Board of Trustees, Episcopal Academy
  • Member, Merion Fund Committee, Merion Golf Club
  • Member, Trinity Board of Visitors, Duke University
  • Member, Chester County Bar Association
  • Former Member, Board of Trustees of Easttown Township Library Foundation
  • Former President, Chester County Estate Planning Council
  • Former Member, Board of Trustees of Bryn Mawr Hospital Foundation
  • Former Member, Board of Trustees of Blair Academy

AWARDS/RECOGNITION:

In the News

Articles Posted

What are the Essential Estate Planning Documents?

What are the Essential Estate Planning Documents?

Estate planning is the systematic approach to organizing your personal and financial affairs to deal with the possibility of mental incapacity and death. Depending on your current family and financial situation, your estate plan will include three or four essential legal estate planning documents. Following is a list of four important legal documents and their purpose.

Last Will and Testament

Your Last Will and Testament will contain a detailed list of instructions as to how your property should be distributed after you die. If you have minor children, it will contain certain provisions for designating a guardian for your children and a continuing trust for them until they reach certain ages.

Durable Healthcare Power of Attorney and Living Will

A Durable Healthcare Power of Attorney, sometimes called an Advanced Medical Directive, allows you to designate a healthcare agent, usually a family member, to make medical decisions for you if for any reason you are unable to make them yourself. The Living Will portion allows you to leave a written set of instructions to your physician as to whether or not you want to receive life-sustaining procedures if you have been diagnosed with a terminal condition or are in a persistent vegetative state. It gives guidelines for your family members to follow if you become terminally ill.

Durable General Power of Attorney

A Durable General Power of Attorney, sometimes called a Financial Power of Attorney, allows you to delegate to the person of your choice the ability to manage assets that are titled in your name, including retirement plans.

Revocable Trust 

Depending on your personal situation and/or the state where you reside, you may require a revocable trust which contains a detailed set of instructions for what happens if you become mentally incapacitated and what happens after your death. This document would be combined with a type of Will called a “pour-over Will”. It helps avoid the necessity for probate in the event of your death.

In addition to these documents, it is essential that you communicate with your family if you have placed such an estate plan in force and advise them where to locate the originals of these documents in the event of your incapacity or death.

For more information contact Stacey Willits McConnell – Chair of Lamb McErlane’s Estate Planning and Trusts Department, Email, phone: 610.701.4431.