There are a variety of different legal documents that people can draft as part of an estate plan. Many testators thinking about the future focus solely on wills. After all, a will can help people accomplish many of their top priorities in an estate planning scenario....
Estate Planning
Why you should take the time to create an estate plan
When the topic of estate planning comes up, you might imagine it’s a task you can push aside because you have plenty of time before you need to get around to addressing it. Or perhaps you perceive estate planning as an important, daunting task, and you end up...
How attorneys can help during the probate process
When a person dies in Pennsylvania, someone must deal with their assets and personal items and distribute them to heirs. However, before that can happen, the individual administering the estate must pay any necessary debts and taxes, going through probate court to...
Benefits of working with an estate planning attorney
By hiring an estate planning attorney in Pennsylvania, you can make sure that your assets are managed and dispensed to your heirs per your wishes. Online and DIY options exist for the basics, but many people need the expertise of an experienced attorney to handle the...
The basics of beneficiary designations in Pennsylvania
One of the most important aspects of estate planning is designating beneficiaries for your assets, which helps to ensure that your assets are distributed according to your wishes in the event of your death. However, beneficiary designations can be easily overlooked or...
Discussing an estate plan with your family
Everybody talks about death and retirement and taxes, but nobody talks about all three topics in one discussion. In addition, few people want to talk about a legal process that could happen 20 or more years in the future. However, every person and family has to...
Don’t forget to include digital assets in your estate plan
Estate planning needs have changed a lot over the years. Today, passing on the keywords to online accounts can be more important than making sure your Pennsylvania heirs know the combination to your safe deposit box. If you have valuable digital assets, you’ll want to...
The important traits needed in an executor
Now that you have taken three deep breaths and understand that creating an estate plan is not that difficult, you roll up your sleeves and take charge. You are no longer bound to paralysis analysis. You have chosen to create a will. And you understand that many...
How to know when you need to update your estate plan
After creating an estate plan, many people will let it sit for years without reviewing or revising it. Yet, adopting a hands-off approach to estate planning is risky. While updating your plan for every life change is unnecessary, certain events – and the passing of...
Why do some Americans shy away from estate planning?
Many Americans are unaware of the various benefits associated with estate planning. But who can blame them? Many Americans age without learning about the benefits of saving, investing, or estate planning. What many Americans have come to believe is that estate...