A goal of estate planning for many parents is to leave assets to adult children and other heirs. In some cases, however, parents may worry about the possible negative consequences of doing so. Consider these statistics: According to a recent report issued by U.S....
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Trusts can be effective tools in estate planning
Estate planning is important to protect your family. Much has been said about the consequences of dying without a Will. Estate planning can help to prevent will contests and allow the assets of the decedent to be divided in the manner that the decedent has provided...
Estate planning is essential for single parents
Estate planning is essential if you are a single parent. Raising a child alone is difficult, as many Pittsburgh parents may already be aware. Single parents have a lot of responsibility on their shoulders, and their days are spent running from work to children's...
Helping you with your Long Term Care Planning needs
Long Term Care planning usually involves the review of how one could pay for long term care in the event of disability and/or incapacity. This review may involve an elder law attorney, an accountant, a financial planner and/or a long term care insurance broker. One...
Using Legal & Financial Professionals for Long Term Care Planning
Long term care and nursing home planning are important matters for families to consider. As Americans tend to live longer and longer, finances become a bigger and bigger issue. As we age, it can start to become difficult to do the things that we once could and it may...
What does the executor of a will do?
Often times, people agree to certain responsibilities without understanding the burden that comes along with it. Becoming an executor of someone's estate is often one of those things-honored that someone, a family member, a friend, considers you so responsible and...
What is the Probate and Estate Administration process?
Probate and estate administration after a loved one passes away may not be fun for Pittsburgh residents; however, for those who take the time to make an estate plan and have a Will prepared, it will be easier for the people left behind. When a person dies with Will...
Understanding Long Term Care Planning
Planning for long term care can be an important matter for Pittsburgh families to consider when reviewing finances for the New Year. By planning for long term care right now, it may be possible to put aside funds and study options to determine how to receive the best...
