Estate planning is often as much about personal protection as it is about the creation of a legacy. People can draft documents that take effect while they are alive, not just documents that manage probate matters after their death. Powers of attorney are among the...
Estate Planning
Preventing will contests in the face of estrangement
While popular media depictions of families typically show people with close relationships, the unfortunate reality for many Pennsylvanians is estrangement from one or more family members. Families in which a parent or child has limited their contact with others can...
Revocable trusts in your Pennsylvania estate plan
When creating an estate plan in Pennsylvania, you may want to establish a revocable trust, which can help protect your assets and ensure that your beneficiaries are well taken care of. If you have been thinking about creating a trust for your property, here's what you...
Including charitable bequests in your will
Estate planning is important for all adults in Pennsylvania. Everyone should at least have a will. Even for people who don't have large estates, a will is crucial. It allows them to name an executor and determine how their belongings will be distributed. Part of that...
Why all Pennsylvania parents should have an estate plan
It is important to create an estate plan regardless of your income. This is because estate planning is about more than passing your assets to future generations. For instance, a will could stipulate who serves as a guardian for your minor child if you were to pass...
Keeping a physician’s estate out of probate in Pennsylvania
Residents of Pennsylvania who are physicians may want to take care of themselves and their families through estate planning. Having an established estate plan can ease the burden on the family when the physician becomes incapacitated or passes away. Having plans in...
Deciding between revocable and irrevocable trusts
The current global pandemic has brought up financial concerns for many residents of Pennsylvania, one of which is how to ensure that a child’s inheritance will stay safe. Though you cannot control the stock market, there are measures you can take to minimize the...