Building Your Estate Plan to Eliminate Conflict
Children, including minors and adults, may disagree about family circumstances, especially when it comes to inheriting your estate. Relationships can change and intensify when you die, with underlying issues that bubble to the surface, creating tensions over your estate and possibly tearing your family apart. Even if your children get along well, distribution of your assets […]
Inheritance Settlement
Whether you are identifying an executor (say, on your behalf) or you are the chosen executor, there are certain criteria to consider – the complexity of the task and how you will go about it. The following responsibilities follow the loss of a loved one, beyond the emotional healing process: Preparing for the funeral and […]
Having A Will Is Imperative
A last will and testament specify how your property will be distributed when you die, as well as how your dependents will be provided for. It is wise to create a will for your peace of mind and your loved ones’ protection if you have people, you love and care about. Though writing your will […]
The Process of Amending a Widow’s or Widower’s Estate Plan
The loss of a spouse is a difficult experience emotionally, spiritually, and financially. An estate plan and tax planning are usually handled by one spouse, and a widow(er) may find herself in a complicated financial position with more questions than answers. It is a mistake to think that a complete estate plan needs no further […]
Avoid Estate Planning Mistakes by Using a Combination of Professionals
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 the services of a certified public accountant (CPA) and possibly even an insurance specialist. Estates […]
Estate Administration in Court
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 probate judge will also oversee cases where the deceased person did not prepare a will, […]