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An estate plan is a way for someone to protect their closest loved ones when they have no power to take any other actions. The guardian that someone names in their estate plan is one of the most important protections that the parent or guardian of a minor child can...
Many people shy away from the creation of powers of attorney, largely because they dislike the idea of giving someone else authority over their lives. A medical power of attorney effectively authorizes someone else to make choices about what treatment you receive if...
Reviewing and potentially updating your estate plan is crucial whenever you have a significant life event. Marriage and divorce are two such life events, and both nearly always warrant some significant revisions. If you’re divorced and preparing to remarry, it’s...
Whether you are a designated personal representative or trying to handle your relative’s estate on your own, chances are, you will have to undergo probate in Pennsylvania. It is a process that intimidates a lot of people, but you can take steps to prepare for probate...
You love your family and want to know that your estate plan, as well as theirs, are all working to benefit the people around you. Good discussions about estate planning help everyone stay informed and get on the same page when someone passes away. Here are three...
Traditionally, estate planning was viewed as something that only applied to wealthy individuals. However, there is a lot more to estate planning than money. With the appropriate documents, you can set in motion provisions that ensure your family is protected and your...
Estate planning doesn't just protect you. It also allows you to protect those who depend on you for basic needs. It may seem incredibly unlikely that you and your spouse would both die and leave your children without parents. While it is rare, this exact situation...
In theory, when someone passes away, their will offer some direction to their heirs as they go through the probate process. It can tell them what the deceased person would have wanted, how the assets are to be split up and things of this nature. When someone doesn't...
The term probate seems to strike a note of dread in most people. They view it as some horrific event that they must endure before receiving the inheritance a loved one left behind. The probate procedure is a complicated process, but it is generally unworthy of its...
The estate planning process can be challenging, particularly in terms of emotional investment. Often, people may find it difficult to think about organizing events around their death. However, there are many benefits to having a solid estate plan in place. Estate...