A pour-over will is a specific type of will and testament designed to work with a trust-based estate plan. Pour-over wills can come in handy with the individual who created the trust does not transfer all of their assets into the trust and doesn't have a will to...
Regardless of how large your Pennsylvania estate is, it is a good idea to have an estate plan. At a minimum, you'll want to have a will that dictates who gets your property after you pass away. It may also be a good idea to have a trust to ensure that you retain some...
When coming up with an estate plan in Pennsylvania, one of the main issues to tackle is taxes. You need to know how much the state or federal government will take when your beneficiaries receive your estate. Here's a look at estate taxes that may apply in your estate...
Once you have completed your estate planning, that does not mean you never have to think about it again. Oftentimes, there are circumstances that call for you to make modifications. Taking the time to review your estate plan can prevent complications down the road....
The future is always so uncertain, but we can put ourselves in a position where no matter what happens, our families and our assets will always be protected through estate planning. If you live in Pennsylvania and have a family and any assets to your name, then you...
As traditional family dynamics change across the United States, estate planning will look different as well. In the last 10 years, the law has learned to be more inclusive of LGBTQ+ families and partners. With that being said, many estate planning laws are still...
You probably know the importance of having a proper estate plan in place. Wills, trusts, and other estate planning methods protect your assets, but also provide your family peace of mind after you are gone. According to Kiplinger, it is equally important for estate...
When you remarry, your estate plans have to change. While no one likes to acknowledge their estate plan often, you do need to consider it. Otherwise, you could unintentionally disinherit your children. According to CNBC, when you remarry, you need to talk to your...
The idea of reviewing your estate plan may seem daunting at first. After all, it likely took you a lot of time and effort to create it in the first place. Estate plans are often complex and involve a lot of moving pieces, making review difficult. But fortunately,...
You want to be sure your heirs will receive as much of your estate as you can pass on to them. An important part of accomplishing this is to think about ways that you might lose money during your lifetime. From there, you can come up with estate plans that protect...
