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One of the many advantages of putting an estate plan in place is that you can take steps to minimize the effects of the probate process for your loved ones after you’re gone. This can help them avoid the time, work and expense that probate can entail and enable your...
For many people, estate planning begins and ends with drafting a will. The will they sign is the only document providing guidance regarding the distribution of their property and the support of their dependent family members after their passing. In some cases,...
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...
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...
When you make an estate plan, it’s important to consider when to update that plan. One option is to set up the schedule in advance, such as reviewing the plan annually. Another option, though, is just to look for specific reasons to make these updates, which are often...