Prepared To Meet Your Legal Needs
Families should have open conversations about estate planning. These conversations allow adult children to offer their parents any needed help, ensures that the parents’ wishes are honored, and can prevent unnecessary family conflicts. But how can you initiate such a...
Many people pass away without a Will or estate plan. This is known as dying intestate. They haven’t made a plan regarding healthcare decisions or asset distribution. So what happens to that person‘s estate? In the absence of a legal plan, state law takes over. It will...
Have you ever thought about what happens to your things after you are gone? It might seem far off, but planning now can make a significant difference later. Why is it important to have a clear estate plan in place to make your wishes known? Do you have to have an...
The lack of estate planning is a major issue in the United States. The majority of people don’t have an estate plan in place right now. It is true that people do tend to make these plans more often as they get older, but it’s also clear that many people are likely to...
A will is a crucial component of any estate plan. This legal document dictates how assets are divided upon a person’s death. For a will to be valid, it must meet certain requirements. For instance, a will drafted in Pennsylvania must adhere to the laws of the...
Traditionally, estate planning was concerned with physical assets such as houses, cars and furniture, and financial assets such as bank accounts, life insurance, stocks, and shares. The digitalization of the world has changed that. With people handling everything from...
A person engaged in estate planning may spend significant time thinking about how to draw up a will. Time spent on estate planning should involve making sure the will is legally sound in the state of Pennsylvania and that the contents of the document meet heirs'...
As part of your estate planning, you might want to consider creating a living will. This outlines your wishes for health care at the end of your life. Whether or not you have a living will, you should discuss these wishes with both your Pennsylvania physician and your...
Generally speaking, there is nothing illegal about creating and distributing multiple copies of your last will and testament. Furthermore, it may be within your rights to give signed copies of this document to your Pennsylvania attorney or other trusted individuals....
You may be able to create a will, trust or other estate plan documents yourself. However, those documents generally don't mean much unless they are created and executed in a strategic manner. Therefore, it may be in your best interest to work with a Pennsylvania...