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August 2019 Archives

Easy steps for creating an estate plan

Estate planning can be a difficult concept for many people in Pennsylvania and throughout the country. However, it may be easier to create a plan by breaking the process into different steps. The first step is to consider who the beneficiaries of the plan will be. For the most part, retirement plans allow the owner to designate a beneficiary. The same is generally true for bank, brokerage and other financial accounts.

How prenups can protect business interests

In previous decades, the stigma of asking for a prenuptial agreement prior to getting married meant that many Pennsylvania couples opted to forgo an agreement. However, prenuptial agreements are becoming more commonplace, especially as couples obtain real estate and financial assets prior to marriage. While most couples do not ever intend to get divorced, prenuptial agreements can help protect those who have businesses.

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