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Whether you are starting a new career or getting ready to retire, it is never too soon for you to make an estate plan. There is no right time either. However, to preserve your legacy of hard work and keep your wealth in the family, now might seem like as good of a...
If you have not started the estate planning process, you certainly are not alone. In fact, according to the American Association of Retired People, about 60% of Americans do not have even a basic will. Now is the perfect time to take care of estate planning. To get...
Having a will in Pennsylvania removes much of the uncertainty about what will happen to your assets after you die. It allows you to provide for your family as you wish, distributing the contents of your estate upon your death. According to CNBC, estate planning is...
When it comes to creating an estate plan, people need to review a lot of factors and consider their unique circumstances. For example, we realize that some people have property in this state as well as another state. Some people like to spend a portion of the year in...
Funding your trust is the most critical part of any estate plan that you make. Having all your affairs in order when you have created a trust and put all the support documents in place is not the end of the story. Your trust or your plan must be funded. Funding your...
As you begin estate planning in Pennsylvania, you may hear a lot about what you should do. There is not a lot of talk about the common mistakes that people make in their estate plans. Making a mistake can cost your heirs a lot of time and money, so understand the...
Making revisions to an existing estate plan can be tricky for a number of reasons, whether someone has uncertainty regarding certain aspects of the law or cannot decide whether a particular decision will be good for their estate and serve the best interests of their...
As you plan for what happens once you leave this world, you will have many choices. Just considering your options in wills can be tough. There are many different types you can create. Each has its own benefits and some drawbacks. You need to think through your options...
Having a solid estate plan in place is a must, no matter your age or how many assets you have in your possession. It is equally important to update wills, trusts, and other estate planning documents on a regular basis. Kiplinger explains when you should revisit your...
When people in Pennsylvania have children, it often inspires them to create an estate plan if they had neglected the task in the past. However, individuals without children may find it just as important to plan for the distribution of their assets. For people without...