Those who provide care for their parents while simultaneously caring for children are part of the sandwich generation. Generations are part of the expression; however, they do not refer to people born at a specific time. Most of these "sandwich"…
If you work with the right team to create your estate plan, you can receive the best legal advice and documentation to protect your legacy. Besides an estate planning attorney, who often specializes in elder law, you will likely need…
When family problems about end-of-life care for a parent and inheritance reach the status of a legal filing and court case, they can have serious repercussions because of drama, cost, lost time, and broken relationships. It is possible to move…
According to a 2021 study by Caring.com and YouGov, the percentage of Americans age fifty-five and older who have created a will has decreased from sixty percent to forty-four percent. In comparison to the pre-pandemic years, younger adults are now…
Probate is the method by which judicial officials, including probate judges, process a decedent’s will. While Pennsylvania probate laws may vary, the general process is quite similar across the country. Probate is the process of proving wills for decedents’. A…
A will is a legally binding document stating who will receive your personal property upon your death and is an important part of a comprehensive estate plan. If you die without a will (intestate), the state will distribute your assets…
More outwardly, commonwealth transfer strategies for estates have significant impacts due to tax law change proposals on the precipice of being enacted into law. It is too early to know what will become law, the House Ways & Means Committee…
How to protect your inheritable legacy so that its aggregate will exist for future generations requires careful planning. There are always generational differences of opinion as to how best to live and act in the world. Millennials and Generation Xers…
It is unclear whether or not your parent has a plan in place for long-term care. It is a difficult topic to broach; no one wants to talk about death and the financial realities that come with aging. Instead of…
Unfortunately, it is fairly common that seniors fall victim to financial scams. Sadly, the elderly are often taken advantage of by strangers — and sometimes even their own family members. That’s why it’s important that planning is in place to…