Estate planning is not a process that is exclusive to those with large fortunes; it is a prudent undertaking for everyone, including people who don’t have close relatives. When you plan your estate, you’re able to outline the distribution of your assets expressly,...
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Estate Planning
Top 5 estate planning mistakes
Estate planning is an essential step to take in life toward securing your family's future. A thorough estate plan guarantees that there will be minimal confusion and conflict regarding your assets when you pass away. Finalizing your comprehensive estate plan can...
When do you need to update your estate plan?
Estate planning is an important responsibility to attend to for all adults, regardless of age or financial status. Starting an estate plan early in life is as easy as writing a simple will, and it eases the process of addressing new life circumstances by putting into...
When should you update your will?
While some wills are able to withstand the passing of time, it is an unfortunate situation to realize a will is insufficient after an individual passes away. Updating a will has an impact on how well you are able to care for your family when you are gone. There are...
Why your senior parents need a power of attorney
As your aging parents begin slowing down, they may turn to you for assistance with practical matters. However, unless they give you their power of attorney, you will likely face the time-consuming ordeal of petitioning the Pennsylvania court system for their...
Effective estate planning requires more than a simple will
Estate planning, where you make decisions about your future and the future of your assets, is easy to put off. In fact, almost 70% of Americans have not drafted even a simple will. If you care about what happens to you and to your wealth, estate planning probably...
When is the best time to make an estate plan?
Whether you are starting a new career or getting ready to retire, it is never too soon for you to make an estate plan. There is no right time either. However, to preserve your legacy of hard work and keep your wealth in the family, now might seem like as good of a...
3 ways the right estate planning lawyer saves you money
If you have not started the estate planning process, you certainly are not alone. In fact, according to the American Association of Retired People, about 60% of Americans do not have even a basic will. Now is the perfect time to take care of estate planning. To get...
Estate Planning provides for loved ones after your passing
Having a will in Pennsylvania removes much of the uncertainty about what will happen to your assets after you die. It allows you to provide for your family as you wish, distributing the contents of your estate upon your death. According to CNBC, estate planning is...
Estate planning with assets in different states
When it comes to creating an estate plan, people need to review a lot of factors and consider their unique circumstances. For example, we realize that some people have property in this state as well as another state. Some people like to spend a portion of the year in...