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While some wills are able to withstand the passing of time, it is an unfortunate situation to realize a will is insufficient after an individual passes away. Updating a will has an impact on how well you are able to care for your family when you are gone. There are...
As your aging parents begin slowing down, they may turn to you for assistance with practical matters. However, unless they give you their power of attorney, you will likely face the time-consuming ordeal of petitioning the Pennsylvania court system for their...
Estate planning, where you make decisions about your future and the future of your assets, is easy to put off. In fact, almost 70% of Americans have not drafted even a simple will. If you care about what happens to you and to your wealth, estate planning probably...
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...