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...
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...
When contemplating the creation or update of a will, it is important to consider the potential impact of inheritance tax on your beneficiaries. In Pennsylvania, like in many states, there exists an inheritance tax that may apply to the assets you leave behind. By...
For parents of special needs children, ensuring their well-being and security is a top priority. One aspect that you should not overlook is estate planning. This process involves making arrangements to protect your child's financial future, healthcare and overall...
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...
