Charles Foerster Attorney At Law

Law Offices – Charles E. Foerster

Charles

 

Charles E. Foerster
Telephone: (805) 927-2385
Email: cef@wxflaw.com

 

PRACTICE

Charles Foerster has practiced law since 1982 and he began practicing in Cambria, San Luis Obispo County, California in 2004.  He resides in the Park Hill area of Cambria.  His practice is concentrated in the areas of Trust And Estate Planning, Trust And Estate Administration and Business Planning.  Areas related to these include Asset Protection, Elder Law, Real Estate and Contract matters.

Mr. Foerster works from his home office and meets with clients by appointment. He is pleased to accommodate residents of Cambria and nearby communities at their homes or places of business.  While having a special connection to Cambria and the Central Coast, Mr. Foerster also handles matters statewide, and has clients in Orange and Los Angeles Counties, the San Francisco Bay area and the Central Valley.  He has appeared in various Courts throughout the State.

BACKGROUND

Mr. Foerster was born and raised in Pittsburgh, PA. He received his undergraduate Honors Degree in Economics from the Pennsylvania State University in 1978 as a Phi Beta Kappa Honor Society member.  He received his J.D. (Law) Degree from the University of Pittsburgh School Of Law in 1981.  In 1982 he joined the predecessor of Weisel, Xides & Foerster, L.L.P., the Pittsburgh, PA firm with which he continues to be affiliated (www.wxflaw.com). He worked closely for 20 years with the firm’s founder, Clifford A. Weisel until Mr. Weisel’s death in 2002.

PHILOSOPHY

Mr. Foerster respects the unique family circumstances and goals of each of his clients and is committed to providing the careful attention required to accommodate them.  Mr. Foerster believes and has found through experience that proper lifetime planning allows subsequent administration to be accomplished in a more expeditious and efficient manner.  The chance of litigation or payment of unnecessary taxes are also minimized. Proper drafting of appropriate documents, including clear, concise language and the inclusion of provisions tailored to the specific circumstances of the client are essential.

SERVICE

Mr. Foerster is a member of the San Luis Obispo County Bar Association Trust & Estates Section. He is a proud and active member of The Rotary Club Of Cambria, a Rotary Paul Harris Fellow and a Rotary Master PRLS (Potential Rotary Leadership Seminars) graduate.

Mr. Foerster is also a Past Chair and current member of the Allegheny County Bar Association (ACBA) Probate & Trust Law Section. He contributed substantially to the ACBA’s public service brochure known as “The Truth About Probate And Living Trusts In Pennsylvania”. He is a Fellow of the Allegheny County, PA Bar Foundation.

PLANNING

Basic estate planning documents normally include the Revocable Living Trust (which must be properly funded), Last Will and Testament, Durable General Power Of Attorney and Advance Health Care Directive.  Irrevocable trusts (e.g. life insurance trusts, special needs trusts, grantor retained trusts, charitable trusts and asset protection trusts) are  appropriate in certain circumstances.  Lifetime gifting (outright or in trust) can also be an important and effective planning device.  In appropriate situations the creation of a Family Limited Partnership or similar entity can be a means through which lifetime gifting and tax savings can be best achieved.  Business Succession Planning is an integral part of estate planning for individuals and families whose livelihoods depend upon the efficient transfer of closely held business interests to succeeding generations. Buy-Sell Agreements with appropriate life insurance provisions can be essential in such situations.