Estate Planning

As you get older and understand the benefits of an estate plan, it's normal to want to know if your parents have one. But how can you bring up such a sensitive topic?  If you approach this subject from an informed angle, you may have a productive conversation. Below...

A living will is a legal document that tells others what your personal choices are about end-of-life medical treatment. Without a living will, your family members must make important end-of-life decisions on your behalf should you suddenly fall ill or have an accident...

No generation in American history has acquired as much wealth as Baby Boomers, according to Merrill Lynch. They note that this wealth has now reached roughly $84 trillion. Over the next two decades, it will be passed down to future generations. Most of them will be...

Most times when we think of estate planning, the focus tends to be on tangible assets like homes, cars and personal belongings as well as financial assets like banking accounts, stocks and life insurance policies. However, in today's digital age, it's equally...

As life unfolds, we often focus on our achievements, milestones and dreams. Yet, it is equally essential to prepare for the unexpected – times when we may be unable to make decisions due to illness, injury or aging.  Incapacity planning empowers individuals to...

As people age, there is always the chance that they will experience a serious medical diagnosis. An example of this could be Alzheimer’s, which is a degenerative brain disease that gets worse with time. Another example could include a specific type of cancer. When...

Welcoming a new baby into your family is a joyous occasion, but it also comes with new responsibilities. One important task many parents overlook is updating their estate plan to protect their children. Here, you can learn more about updating your estate plan after...

Creating an estate plan is something all adults need to do. If you die without an estate plan (at least a will), your assets will distributed according to the state’s intestacy laws, which may or may not be what you had in mind. A comprehensive estate plan has more...

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...