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...
Estate Planning
What should you focus on during your estate plan review?
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,...
Can I protect my assets with my estate plans?
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...
Why having an estate plan is important for your family
No matter how much you own, you need an estate plan. You never know when you will need one, and when you are sick, you want to be sure you can focus on getting better instead of worrying about who controls your estate. Estate planning documents who you want to make...
Are handwritten wills legal in Pennsylvania?
A will is something every person should have to offer guidance to their loved ones when they pass away or become incapacitated. This document can outline your wishes and desires for what should happen to your assets after your death. It also can cover your preferences...
Regular updates to an estate plan preserve intentions
When people begin coordinating an estate plan for their future, they may feel pleasantly comforted knowing that their intentions are preserved and that their family members know exactly what to do after their death. However, a common misstep that people can sometimes...
Is a living will right for you?
While planning your estate, the idea of making a living will may occur to you. However, for many people, it is not always obvious what exactly a living will is, or how it can helpful for your beneficiaries if you are unresponsive or even in a coma. The presence of a...
Revisiting your estate plan amid divorce
Splitting from your significant other is undoubtedly going to lead to changes in your life. You may feel most concerned with figuring out where you are going to live and how you are going to support yourself and your family after your divorce. However, there are other...
Can my heirs contest an irrevocable trust?
If you worry about a family member causing issues with your estate after your death, then you may take steps when creating your estate plan to avoid such problems. Trusts are usually an excellent way to avoid any upheaval and allow for the peaceful passing of assets...
Estate planning helps to distribute property as intended
Residents of Pennsylvania have the right to bequeath their property, assets and personal belongings to whomever they choose. When someone does not provide instructions through a will or trust, however, and he or she dies intestate, the Keystone State may distribute...