Protecting What Matters Most To You
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...
If you are disabled or have a disabled family member or loved one, you can create a special needs trust. A special needs trust is a type of trust created to provide financial support and protection for individuals with disabilities in Pennsylvania. Disabled...
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,...
After creating an estate plan, many people mistakenly believe that this is where the process ends. However, that is far from the truth. In reality, an estate plan is an ongoing project that requires constant monitoring and updates. But how does a person know when it...
Choosing an executor for your estate is a significant decision that demands careful consideration. The executor will manage your assets and distribute them according to your wishes after you pass away. However, circumstances may arise that necessitate you to select a...
Appointing guardians for your children may feel like one of the hardest parts of estate planning. How do you decide who to trust with such a responsibility? While you should always discuss the designation with the potential guardian before naming them, there are some...
