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As the parent of a disabled or special needs child, you may have concerns about exactly what will happen to your child once you pass on and cannot provide for, or look out for, that child yourself. Financing the lifetime costs of care for a special needs child can add...
Your uncle died unexpectedly. Now you must take up your duty to administer his estate, but you feel unprepared. To help you carry out your responsibility successfully, here are five common mistakes to avoid. 1. Not understanding the task at hand There is more to...
Divorce can, at times, seem all-consuming. If you are in the midst of one, you may focus on matters that may include finding a new place to live or hashing out a new child custody arrangement. While working through these and related matters is certainly important, so,...
If you are curious about your future inheritance, you may not know how to approach the topic. Many families do not openly talk about finances or death. Estate planning and inheritances are often seen as taboo due to cultural discomfort. Even if it is an awkward...
If you are in the beginning stages of your estate planning, you may think that a living trust and a will are essentially the same thing. Even though each of these documents will provide the same types of benefits, they are both unique in their own ways. When you don’t...
Perhaps your grandmother plans to leave you significant inheritance after she passes away. You may know that you may have to pay taxes on the estate to receive the inheritance. Yet many individuals do not know that their relationship with their deceased loved one...
Pennsylvania has very specific laws when it comes to allowing a loved one to die. Whether you are helping with or preparing for these types of decisions, it's important to know your rights and the rights of the patient. Advanced health care directive In some states,...
You would think that celebrities would be more mindful of their financial status than they appear to be. So many famous people engage in no estate planning or inadequate estate planning. In either case, Pennsylvania small business owners may want to avoid emulating...
When it comes to estate planning, Pennsylvania residents have numerous options. One of them involves using a revocable living trust. This particular document remains popular with individuals and married couples for a variety of reasons. Most people are aware that by...
Most Pennsylvania parents take steps to protect their minor children should they pass away. This often includes providing for them through estate planning. A will may designate how assets will be passed to the children and who will take care of them when the parents...