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Understanding the duties of an executor to your relative’s Pennsylvania estate is incredibly important if they’ve appointed you. There’s no shame in not knowing what to expect; the fact is that most people do not know when the time comes because they might only do...
It is a misunderstanding that only wealthy people need an estate plan. Forbes explains that by creating an estate plan, you can make things easier on your family after your death. If you address assets and liabilities in your plan, they will not have to make decisions...
If you have agreed to serve as the executor of a family member’s estate, you will be responsible for guiding the estate through probate. This involves taking inventory and distributing the person’s assets after he or she dies, with the court’s oversight. Familiarize...
It is common practice in Pennsylvania for an estate plan to have a will along with one or more trusts. In most cases, one or the other of the instruments will be more important to the plan, and most of the person’s assets will pass through it on his or her death. One...
Do you cringe at the thought of creating an estate plan? Do you worry that your current estate plan is missing something important? It’s never easy to contemplate your own mortality and complete your estate planning, but if you do, you can feel peace of mind about...
As your parents age, it is normal to take on greater responsibility to care for them. If you have concerns about how to help your aging parents manage their resources and stay on top of their obligations, you’re not alone. It is wise to consider the primary...