Estate Planning

People make wills for reasons such as asset distribution and guardianship for minor children. In Pennsylvania, the question of whether it is ever too late to change a will depends on various factors. They primarily revolve around the mental capacity of the individual...

In today's digital age, people accumulate numerous valuable assets online, ranging from social media accounts and email addresses to digital photos and cryptocurrencies. These assets hold not only sentimental value but also financial and practical significance....

Creating an estate plan ensures that people carry out your wishes after you die. However, life is constantly changing, and so should your estate plan. These are the times when updating your plan is important to ensure it accurately reflects your current circumstances...

When it comes to wills and estate planning, misconceptions often circulate, leading people to make ill-informed decisions. Yet the topic is too important to brush aside. To improve your understanding of why you need a will, it is necessary to unravel the truth behind...

A revocable trust, also called a living trust, is a legal document created during your lifetime where you name a trustee to manage the assets you transfer into the trust. You maintain control over the assets and can change or revoke the trust at any time There are...

Creating a will is a huge step in ensuring that people respect your wishes. A will is a legal document that outlines how other people should handle your property and possessions upon your death. To navigate this process effectively, it is important to know the key...

AARP reported that only around half of adults have a power of attorney and those over the age of 72 are more likely to have one at about 83%. When creating a POA, you will have to designate an agent who will hold the power of the appointment. This is an important...

Having parents tell you they want you to serve as the executor of their estate will likely lead to a mix of emotions. There is the inevitable sense of pride that comes when your parents recognize that you are not only a capable adult but that they trust you with the...

When most people think of estate planning, think about detailing their wishes for after death. When crafting a comprehensive estate plan, you should also address your wishes for incapacitation, not just death. An advance directive, also referred to as a living will,...