Estate planning is not just for older adults or the wealthy. Young families in Pennsylvania can greatly benefit from creating a plan to protect their loved ones and assets. Taking steps early ensures children receive proper care and financial security if the...
Estates and inheritances are subject to several kinds of tax if you reside in Pennsylvaniaa. No one likes to pay tax! I know how to help my clients save taxes on estates, both through advance lifetime estate planning, and later while administering an estate left...
We all plan constantly, every day. We make plans both big and small. But planning for the future is an imperfect exercise. We can’t anticipate everything that might happen, and mistakes happen But sometimes even the brightest and most capable among us simply neglect...
Receiving long term care services means you’ll have to spend down all your money: FALSE - with the right planning, we can almost always save money for a long term care or disabled patient. Also, it’s never too late to try, even if you’re already on the doorstep or in...
Pets bring joy, companionship, and love into our lives. They are more than just animals—they are family members. But what happens to them if something unexpected happens to you? Including your pets in your estate plan ensures they are taken care of when you can no...
It is natural for special needs parents to worry about their child’s future. Today, you and your family might be able to care for your child and cover their needs. Still, an accident can happen at any time, leaving your special needs child without the support they...
Probate can be a complex and emotional process. When disputes arise among family members, tensions run high. Effectively handling these disputes is crucial to ensuring a smooth probate process. Open communication The first step in handling disputes is establishing...
Did you know that you already have an estate plan in place, even if you don’t yet have a Will or Powers of Attorney? Your present estate plan, designed in part by your choices and in part by the Commonwealth of Pennsylvania, includes how things you own and the...
The death of a loved one can come out of nowhere. Probate is the process of distributing this dead person's assets. However, not all assets need to go through probate. Understanding what falls under the category of non-probate assets in Pennsylvania is important. Real...
Power of attorney allows you to appoint someone you trust to manage your financial and medical affairs during your lifetime if you become incapacitated. However, there are some common mistakes that people often make when dealing with POAs. Understanding the most...