At Marks Elder Law we remain committed to serving you and meeting your legal needs promptly – more than ever in these demanding times. Our office is again open for any work that can’t be effectively done remotely, including meeting with clients (though we still use videoconferencing, phone and email as well)
Having up-to-date estate planning arrangements in the form of Powers of Attorney and Wills, at least, is crucial to peace of mind as well as actual preparedness. You may benefit from taking your planning a step further with a Revocable Trust, and some families absolutely need Special Needs Trust type planning for any family member with a disability.
If you are headed toward expensive long-term care such as in a nursing home, you must seek expert advice to protect yourself, your assets and your family. With the right advice, long-term care patients and their families get a much, much better bottom line result. We can help you protect your assets.
Finally, if a loved one has died, we also provide expert assistance to help you wind up their affairs and administer their estate. These are some ways in which we at MARKS ELDER LAW may be able to help you. Please keep reading, and call or email today.
You may think you are too young for a will, but no one knows what may happen from one day to the next. A devastating accident or illness could occur at any time, and this is where a will comes in. Even if you do not have much (or any) wealth to distribute, you need...
A will establishes a person's wishes for his or her belongings and affairs after death. When a person dies without a will, his or her estate is subject to state inheritance laws. In Pennsylvania, these provisions govern the settlement of an estate in the absence of a...
Your 20s are a time to focus on your education, the beginning of your career, and learning more about who you are. Likely, estate planning is the last thing on your mind. Is it too early to start thinking about your golden years? Rather than look at estate planning...
Usually, when we think of annuities, we think of a deferred annuity or an investment type annuity. An investment annuity is like a combination of an investment and insurance policy. The annuity can be invested in many different kinds of investments, and the investor...
Many people may associate estate planning with end-of-life issues. However, you can use estate planning tools to make sure your wishes do not go unheeded if you are disabled, for example by a car accident or an unexpected health complication. You can let people know...
Even if you are healthy and active right now, you may eventually lose some of your faculties because of illness, injury or old age. If so, you may choose to move into a nursing home to receive the care you need. Unfortunately, though, nursing homes can be almost...
1. I own everything jointly with my spouse, so we don't need wills. FALSE. Especially on the death the second spouse to pass away, when there’s no surviving spouse to inherit, a Will would be helpful or even necessary to direct your estate to those who should inherit....
When you want to create a secure legal arrangement for property during your lifetime or leave a legacy behind for your loved ones, you may choose to do so using any number of different methods. The manner in which you arrange your assets now or leave them behind later...
In May of 2019, The U.S. House of Representatives passed a bill called the Setting Every Community Up for Retirement Enhancement (SECURE) Act. The bill will now go to the Senate where it will be further debated. If the bill does eventually become law, it would have...
In May, the House of Representatives approved the “Secure Act”, a bill intended to “reform” 401(k) and IRA rules. The Senate is now considering its version of these reforms. This legislation, if enacted into law, will change the way IRA and other retirement plan...
