Far too many people put off the estate planning process until it’s too late. This can put your assets at risk of being inherited by someone you never intended to support, and it can open the door to familial conflict when multiple individuals think that they have a...
Estate Planning
Estate Planning
When do you need to revisit and modify your estate plan?
Creating a comprehensive estate plan can take time and a lot of thought. That’s why most people who successfully create their initial estate plan often feel a burden lifted from their shoulders. However, estate planning is a process that should be ongoing, meaning...
Financial tasks after your spouse dies
When a spouse dies, it can be devastating for their partner. Unfortunately, the surviving spouse will have urgent and important financial decisions and tasks, despite their grief. A strong estate plan can help make this process a little more bearable. Preparation can...
Narrowing down the type of trust you want
If you are just getting started planning your estate, you may feel overwhelmed by all your options. This is especially true when it comes to trusts. Under Pennsylvania law, trusts can be adapted to meet many personal situations and goals. This adaptability makes them...
What is a special needs trust and is it right for you?
Figuring out how to ensure that your loved one’s needs are met when you’re gone can be daunting. This is especially true if your loved one has extensive medical or mental health needs that render it challenging for them to take care of themselves. While leaving them...
New parent should have an updated will
With the birth or adoption of a child, parents must also consider the worst and plan for their children’s care if either parent dies. A will helps ensure that your wishes and beliefs concerning your family and property are followed. Reasons An updated will is an...
Updating important documents during life transitions
Even the most diligent efforts to take care of current and future financial needs of family members can be neglected during the consequential life changes that take place with divorce and remarriage. Unfortunately, many American put off or do not update important...
4 ways new parents can protect their child in their estate plan
When your family welcomes a new child into your home, you want to offer them the protection they need. You may change your cupboard hardware or add baby gates to keep them from danger. You may cover outlets to protect curious fingers. However, many new families miss...
Estate planning for new parents
When you become a new parent, you may feel like there is a lot to do to prepare for your new bundle of joy. One important task that may fly under your radar but is essential for new parents in Pennsylvania is ensuring they have a comprehensive estate plan. The...
Estate planning during challenging times
Planning your estate helps you and your family deal with the unexpected. But the last few months have provided even more health, financial and emotional challenges. It is important to engage in estate planning to decide how to divide up your assets after you die and...