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September 2017 Archives

The basic components of an estate plan

Some people avoid the topic of estate planning because they think it is morbid. Why would you spend time thinking about what could happen to your property after death? Well, perhaps the biggest reason to think about estate planning is to consider the impact that passing on your assets to heirs and beneficiaries will have on those people's lives. When it comes to estate planning, the biggest step is to just get started.

How to avoid most guardianship matters

Guardianships, if possible, should be avoided. How? By planning ahead and preparing an estate plan which includes Durable Financial Powers of Attorney as well as Healthcare Powers of Attorney and Living Wills. These documents permit you to name an agent to handle financial matters and an agent to make medical and end-of-life decisions.

What should you know when you get started on estate planning?

If there is one thing that Pennsylvania residents can agree upon when it comes to estate planning, it is that the whole process can be somewhat of a mystery. Where do you start? What estate planning documents are right for you? Is it so bad to die without a will? All of these questions are completely understandable. But, it is best to start at the beginning. So, where do Pennsylvania residents start when it comes to estate planning?

The duties of the Executor of a Will

Who handles probate and estate administration for a decedent? Pennsylvania residents are probably aware that it is the Executor named in the decedent's Will. Many people consider it an honor to be designated as the Executor, but they do not fully understand the duties of the executor of a will. When these duties are explained, most individuals know that they will need the help of an experienced estate attorney to properly fulfill their responsibilities.

Dementia can lead to guardianship of a loved one

Guardianships may be needed for loved ones with dementia. Why? It can be hard for Pennsylvania residents to watch their relatives grow old. We all know that, for many people, old age can come with certain symptoms which may sometimes be debilitating, like vision problems and memory loss issues. But, in some cases, these symptoms of "old age" could be symptoms of something much more serious, like dementia.

What is 'elder law' and how can it help Pennsylvania residents?

Long term care planning is only one area covered by attorneys who practice "elder law." What is meant by that term? Most Pennsylvania residents are familiar with some of the most common areas of law: personal injury, medical malpractice, divorce and criminal law, for example. But, for those thinking about estate planning, long term care planning and how they will be able to accomplish their financial goals as they get older, the area of "elder law" may be something with which to become more familiar.

What happens to powers of attorney following death?

Powers of Attorney are written by Principals to give authority to Agents to handle financial matters. When the Principal passes away, the Power of Attorney ends. Misunderstandings sometimes occur when a friend or relative is given authority to deal with financial matters under a Power of Attorney (POA) and tries to continue handling these matters after the Principal has passed away.

Taking the right steps in probate and estate administration

Estate administration and the probate process can be complicated, with many different options for every person's unique circumstances. It takes training, attention to detail and no small amount of patience to handle matters in this area of law.

Don't let your mom battle dementia alone

Your mom is pretty much a superhero. When you were younger she taught you, disciplined you and nurtured you. You will never forget that time you fell and scraped your knee on the pavement. It bled, and she scooped you up into her arms as if you weighed nothing at all. Your mom bandaged your knee and held you close. She soothed you, humming in that special way only mothers can.

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