Estate disputes can happen for a multitude of reasons, and parents are often worried about this possibility. They don’t want their adult children to have a falling out over their estate that lasts for the rest of their life. But how can parents prevent this from...
Estate Planning
6 times when you should update your estate plan
You don’t want to make an estate plan and then ignore it for years or decades. Certainly, it’s better to have a plan than to not create one at all. But drafting a plan that is then neglected can also be very problematic because that plan may become outdated. Once a...
5 estate planning elements
Estate planning is a rewarding process that helps prepare your estate in anticipation of your passing. Most people have heard of making a will, but there are also many other tasks to do. Here’s what you should consider when creating your estate plan: 1. Will Your will...
6 common questions about estate plans
Are you thinking about making an estate plan? Then you likely have a few questions -- since this isn't something that most people think about very often. Then you’ve come to the right place. Your questions may be answered below: 1. Do I need an estate plan? Many...
What to look for in a guardian for your young child
As a new parent who is starting to craft an estate plan, your top goal may be formalizing a potential guardian for your child. In fact, having that child may have spurred you to make your estate plan. You’re not necessarily worried about what happens to your assets at...
Do you understand how dynasty trusts work?
Most people want to pass down a little something to the people and causes they care about when they die. When you have worked hard and accumulated a significant amount of wealth, one of the most pressing questions on your mind might concern how you will transfer your...
How is testamentary capacity determined when someone makes a will?
A will is one of the most important legal documents you can ever draft and sign. For your will to serve its intended purpose, however, it must be duly signed per Pennsylvania’s laws. This means that, among other things, you must be of sound mind. This is known as...
Where do you start when selling a home after someone has died?
Maybe you’re the executor of an estate who’s been tasked with the responsibility of selling the decedent’s home and returning the proceeds to the estate to be distributed among their beneficiaries. Perhaps a parent or other loved one has left you their home in their...
How does probate work?
There are a lot of new terms to learn if you are new to estate planning. One of the most intimidating for many people is probate. Perhaps you’ve heard tales of people’s estates being stuck in probate for months or even years. Maybe you’ve had people tell you of their...
Take these 5 initial steps when creating your estate plan
After a mild bout of procrastination, you are eager to develop an estate plan that will protect your assets and protect your family. Your initial uncertainty about how to start is gone. With a little research, a clear line on decision-making along with the advice of...