Adults across Pennsylvania can be single for many reasons: they are young and haven’t found the one, it’s the path they’ve chosen or they recently went through a change in their relationship status. Whatever the case may be for you, it’s crucial to consider how estate...
When you are planning your estate and putting together all required documents, including your will, decide who to include in your will. It does not happen often but sometimes this question comes up—which is why it is so critical to begin the estate planning process...
Creating an estate plan is a thoughtful and important step in securing your family’s future. Whether you are just starting out or thinking of updating your estate plan, here are five key considerations to keep in mind as you embark on this journey. Define your goals...
Nobody likes the idea of jumping through legal hoops, especially when passing on what you have worked hard for. For this reason, it is important to understand what the legal process of probate is and why it is important to consider it in your estate planning....
Effective estate planning requires proactive steps to ensure that loved ones are provided for following a tragic loss. While no one plans for the devastating loss of a loved one, having a plan in place can make things easier during difficult times. A common strategy...
Caring for a loved one with special needs requires thoughtful planning and hard work, especially when it comes to ensuring their long-term financial stability and well-being. Pennsylvania families have the option of creating a special needs trust to protect and...
A power of attorney is a document that permits a person to act upon another person's behalf, usually in health, finances and business decisions. There are different kinds of powers of attorney, ranging from a limited power of attorney to a very comprehensive one,...
Individuals who play a role in estate planning, including trustees, executors and others, have a legal obligation to always act in the best interests of the estate, trust, heirs or beneficiaries. The breach of this legal obligation is a breach of fiduciary duty....
If you’re the executor of a relative’s or friend’s estate, you are probably grateful if they did some thoughtful estate planning to keep their assets out of probate court. This can make administering the estate easier and faster. What if you find out, however, that...
Estate plans need to be reviewed – and potentially updated – regularly after they are created to make sure that they are current concerning the assets that a person owns and the goals they want to accomplish. Instead of updating the plan every one-to-three years, you...