Estate Planning

If you’re one of those people who has put off your estate planning until you’re well into your senior years, you’re certainly not alone. However, you may need to consider the possibility that one or more family members could potentially dispute your will or other...

In Pennsylvania, a power of attorney (POA) designation is a legal document that grants one individual (an agent or attorney-in-fact) the authority to make decisions and take actions on behalf of another individual (the principal) concerning financial, legal and/or...

When a person creates an estate plan, they may name an individual to serve as a healthcare proxy if they become incapacitated and can’t make their own medical decisions. But what happens if the person you named can no longer fulfill their duties? Brian Wilson’s...

The internet has provided online solutions to a host of issues, including estate planning. Now, do-it-yourself (DIY) will templates are available for a relatively low price. To many, this seems like an efficient alternative to having an outside party draft a will for...

Establishing a trust is a strategic way to manage and protect assets, especially when beneficiaries may not be financially responsible.  Trusts are legal arrangements where a trustee holds and manages assets on behalf of beneficiaries, offering a layer of protection...

When you make an estate plan, one important step is to select an estate executor. This person may also be referred to as the estate administrator. Either way, their job is to carry out the estate plan, follow the instructions in the will, pay remaining debts,...

Creating an estate plan lets you relay your wishes to your loved ones. There are several components to consider. One of these is the trust. There are a few essential points to know about trusts to ensure you’re using the specific type that passes down assets to your...

Have you been putting off making an estate plan? You’re not alone. This is true for the majority of Americans, with around 2/3 of the population still having failed to create an estate plan. But why have you been doing it? It can sometimes be helpful to look at common...

Chances are you wish to know if your parents have an estate plan. How do they want to distribute assets? Do they have medical wishes? What should happen to their business? And so on. Talking to your parents about estate planning can be beneficial, but you should do it...

You love your family, and you want your hard work and wealth to benefit your family However, one of your heirs has some issues that could undo all your plans. If you’re worried about leaving an inheritance to an heir who has a problematic relationship with money, it...