Regardless of your age or financial status, you have probably heard others talk about an estate plan. The term may seem out of your league, but all it really means is planning for what happens after you die or if you should become incapacitated. For that reason, an...
Estate Planning
Estate planning: The need for a special needs trust
Parents in Pennsylvania and across the country want to ensure that the needs of their children are met. Often, they work hard to leave them funds after they pass. As such, careful estate planning can help ensure that any assets left to children are cared for until an...
Will an important part of estate planning process
Even with all of the technology available today, some Pennsylvania residents still prefer the old-fashioned pencil and paper method. Whenever a thought comes to mind, it can simply be added to the list or a notation made on a piece of paper. This method may be great...
Full disclosure needed in estate planning
The average Pennsylvania resident attempts to paint his/her family in the best possible light. This means that some details are left out of conversations, and information regarding family dynamics, finances and other significant details are kept hidden. While this is...
Estate planning with unusual assets
An important part of estate planning and probate is verifying and protecting the assets within an estate. It may be relatively easy to secure real estate and keep track of bank accounts, but for those with unusual or easily transportable valuables, extra precautions...
Trusts are part of estate planning re addicted children
The tragedy of drug addiction has hit every state, including Pennsylvania. With heroin and prescription painkillers increasingly responsible for addiction and overdose, few families are untouched by the issue. Watching an adult child become entangled with substance...
Estate planning for special needs children
Welcoming a child with special needs into the family means accepting a lifetime of joys and challenges. If parents understand that the child may be dependent on them for the rest of his or her life, they carry a heavy responsibility. They also know the time may arrive...
Estate planning one step at a time
There are many understandable reasons for postponing making an estate plan or revisiting the plan one made years ago. For many in Pennsylvania and across the country, procrastinating can lead to tragic consequences with families left to trudge through the loss of a...
Estate planning when relationships are unclear
The importance of making an estate plan is something people in Pennsylvania have been hearing for decades. In some situations, the consequences of failing to plan for the future can be far-reaching. In fact, a man's lack of estate planning ended up before the...
Estate planning is an ongoing process
The creation of an estate plan can occur at any stage of a person's life. Some in Pennsylvania choose to do their estate planning when they are young, for example when they start their own business or have children. Others wait until later in life, risking leaving...