Pennsylvania residents from all walks of life can benefit from the process of having a simple will or trust drafted as a means to ensure that their assets can pass to beneficiaries outside of probate. However, for those lucky enough to hold assets of significantly...
Pennsylvania residents who create estate plans should be aware of certain pitfalls. It’s crucial to avoid these common mistakes, which could create problems later. Not including provisions for your final arrangements Whether you wish to be buried or cremated, you may...
Setting up a trust fund might be an excellent way to take care of the family you leave behind. It is possible, however, to make mistakes while setting up trust funds in Pennsylvania. Knowing about these mistakes can save you a lot of stress and protect your assets....
Having a new baby is exciting for any Pennsylvania resident. If you are a new parent, now is the time to begin planning your estate. These are the things on which you should focus to protect your child’s future. Create your will Creating your last will and testament...
So, you’ve been hurt on the job and you are getting benefits – both wage loss checks because you’re out of work, and also your medical bills are being paid by the workers’ comp carrier. Why would I ever need a lawyer you might ask? Well, the short answer is, you...
For estate planning in Pennsylvania, bypass trusts are an advanced tool for minimizing the tax burden on a couple's assets as they pass them down to the next generation. They are best suited for high net-worth couples or those with children from prior marriages....
An unexpected death can present problems for Pennsylvania families when an estate goes to probate. No family wants to learn after the fact that their assumption regarding automatic inheritance is incorrect. Even a spouse may have difficulty obtaining financial assets...
When Pennsylvania residents decide to start planning their estates, they have options. A will and a trust are two common choices. Knowing how these estate planning documents differ can help when deciding whether you should have one, the other or both. Understanding...
Injuries on the job in Pennsylvania can be confusing for workers. Workers' Compensation covers work-related illnesses and injuries, but most workers do not understand how the system works. Workers’ compensation explained Workers' Compensation is a government-mandated...
TOD accounts and revocable trusts are valuable tools that you can use to create an effective estate plan. Both of these financial accounts avoid can probate, if not taxes. It's a good idea to learn about the benefits and limitations of each to know how to best...
