Many people in Pennsylvania may find that estate planning can be a stressful process. Estate planning requires that people think about the end of their lives, which can be quite uncomfortable for some. It can also be stressful if the estate owner doesn't understand the tools available to achieve their planning goals.
What is collaborative divorce?
Litigation can be a long and expensive process for spouses to go through to obtain a divorce. However, some couples may consider the collaborative divorce process instead. Through the collaborative divorce process spouses and their specially trained attorneys negotiate to reach a settlement for divorce issues.
Including revocable trusts in estate plans
Pennsylvania residents can use a revocable trust to bolster their estate plans. A revocable trust will continue indefinitely, ensuring the deceased grantor's wishes regarding the handling an estate are honored. If the grantor is also the trustee of the trust, the provisions should address who should be the successor trustees after the grantor dies.
