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When a person passes away, many of their assets do have to go through the probate process. This can often take a significant amount of time before beneficiaries actually receive the inheritance that was left to them. That being said, it is important to know that not...
Many renters in Easton, Pennsylvania assume estate planning only matters for wealthy homeowners. However, dying without any estate plan hands control to Pennsylvania courts. The courts then make critical decisions about your life and your loved ones. Even modest...
Wills are important for the protection of children and those who rely on another person for financial support. They are also key to establishing a legacy after death. Many people intend to create wills but never get around to actually drafting a document. They may...
Estate plans often focus primarily on what happens after a person dies. However, the state recognizes multiple instruments that take effect in an emergency situation. Advance medical directives can ensure appropriate support for those experiencing incapacitating...
A large percentage of adults, including those with children and valuable assets, do not have wills or any other estate planning documents. Many people simply procrastinate. They tell themselves that they can put together an estate plan later. Others may convince...
Adults should ensure they have an estate plan in place so they have a say in what happens when they pass away. There are several things to consider when you’re getting this plan together. One of these is who you’re going to pass your assets along to. You have the...
When someone passes away, their estate usually must go through probate. The person in charge of managing this process is known as the executor. This role comes with important responsibilities and legal duties. Below are some of the key duties of an executor. Carrying...
Some people prefer to keep their estate plans private. Others are happy to share details with those close to them who are included in the plan or expect to be. Whichever camp you fall into, some conversations about the topic is a wise idea. Here is why, and whom you...
An estate plan allows you to organize the distribution and management of your assets after you pass away. You may have made your estate plan in the last few years. But did you know you can make changes to your estate plan? By making changes to your estate plan, you...
Asset preservation has become a hot topic in estate planning, and with good reason. Without the right estate documents in place, your assets can begin to vanish when you die. While many estate planning strategies exist that can help with asset preservation, trusts...