The new administration has announced ambitious plans involving spending for infrastructure and other projects, and also new taxes to pay for these plans. The plans are contained in three proposed legislative packages: The American Families Plan, The American Rescue...
A trust can be a valuable estate planning tool for passing down your wealth to loved ones. However, many people do not understand what trusts are and what they do. Because of that, they may not take full advantage of their options. Regardless of how much money you...
Trusts are useful estate planning tools. Trusts serve a very broad range of uses and applications. What is trust? A trust is a three-way transaction, when the trust creator, also called a grantor or settlor, assigns money or property to be held by someone else they...
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...
If you have several years to go before retirement, Medicaid might be the furthest thing from your mind. In fact, early Medicaid planning can give you more control over the process if you do eventually need long-term care. Review these reasons to think about Medicaid...
Nursing home care for elderly or disabled patients (long-term care) costs $10,000 or more a month around here. No one wants to or hopes to go to a nursing home, but sometimes it’s necessary. Long-term care is usually for an indefinite, permanent placement, going...
As you and your spouse age, you may find that one or both of you needs additional care. You or your spouse may need care either at home or in a nursing care facility. But how are you going to afford that? Nursing home care can cost more than $10,000 a month in...
We represent and advise Executors and Administrators to get the best results in a legal process with lots of rules, pitfalls and traps for the unwary. You may be named in a Will to serve as an Executor of an estate, or appointed to administer the estate of a loved one...
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...
