For Pennsylvania residents with assets, having a formal estate plan ensures that property goes to whom or where the owner wishes instead of the probate court making the decision. If you have a family, financial accounts, real estate and vehicle, a will is the first...
Being cut out of a loved one's will has many effects, both emotional and financial. You may feel wronged by the decision, especially if you were close to the person. You may also be concerned that the person's wishes are not being followed by other family members,...
Pennsylvania residents like you who already have an estate plan are one step ahead of the rest. But estate plan management does not stop at the creation of the plan. You must also update it often. An estate plan must reflect your life at its most current point. But...
It is not enough to compose and sign a will to make it a binding legal document. To protect against forgeries and fraud, Pennsylvania law also requires that a person who makes a will, known as a testator, should perform this act while in the presence of two witnesses...
For the aging population, figuring out what to do if or when health declines becomes more of a priority. To have the most control in the event of incapacitation, or at the end of life, part of estate planning includes filling out an advance health care directive. This...
When Pennsylvania residents get started on estate planning, it is somewhat overwhelming. What should you take care of first? Where should you start? Today we will look at these complex questions and the possible answers to them. We will start with picking an executor...
A New Year means new goals. Besides drinking less and working out more, most Americans do not consider updating their estate planning documents after the first of January rolls around. While this may seem more dreadful than the elliptical, it doesn't have to be. If...
Why is estate planning so important? We can all probably agree that talking about or even thinking about death is something most would like to avoid at any cost. Death is never an easy subject. However, being prepared by having an estate plan can help make one of the...
Proper estate planning is crucial for every person no matter how big or small your estate is. After news spread of the tragic passing of famed actor Robin Williams, we also learned that Williams planned ahead with a trust for his children. According to TMZ, Williams...
Estate planning and medicaid. Why Revocable Trusts won't help you qualify for Medicaid.John and Jane Doe executed a revocable trust in January 2004. Both of them were sixty-seven years old and in pretty decent health at the time. They figured, if they moved...