Estate Planning

If you own real estate, consider using a trust as part of your estate plan. Trusts can safeguard your property as you age. Furthermore, a trust can enable the transfer of ownership and help your beneficiaries avoid probate. Trusts and estate planning A trust is a...

After creating your estate plan, you can leave it alone for a few years. However, you cannot leave it alone indefinitely. Though no laws exist that dictate how or when you should review your estate plan, many sources will agree on one thing: that you should do it...

The writer of a will is often the target of many forms of harassment, manipulation and even harm. This is because many people want to get their hands on the assets behind the will, or power of the estate itself. Manipulation is often one of the least obvious but most...

Many adults across Pennsylvania know they need to craft estate plans, but many of them also neglect to do so, thinking they may not have enough time to do so or enough assets to make it worthwhile. If you place yourself within this category, know that even a simple,...

Probate adds an extra layer of tension to the lives of everyone involved. Not only does it mean you are likely dealing with the recent death of a loved one, but you must handle the stress of asset division and other aspects of an estate at the same time. This is why...

Many young adults hear the term "estate plan" and think that it is something to worry about later in life. The perfect time to start an estate plan is much, much sooner than one might think. Estate planning is not only for the elderly or the wealthy. While individual...

When you die intestate, or without a will, in Pennsylvania, it means the responsibility of distributing your assets and settling any liabilities falls on the state. This may lead to delays and other hardships for those you love. However, you may be able to reduce...

Ask any estate planning expert in Pennsylvania, and they will likely encourage you to identify those opportunities in the process that allow you to limit the liabilities that may face your estate. Some of those include planning to settle debts before your death and...

Divorce is often a complicated and messy process. Separating two lives takes careful planning and patience. After a divorce, it is essential to take the next step in that separation by revising your estate plan. Reconsider guardianship If you have children with your...

Most people think about their assets and property when the topic of estate planning comes up. However, there are estate planning steps you must take to protect yourself while you are still alive. This is where an advance directive comes in. According to the American...