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November 2017 Archives

Paying for long term care will be unique to your situation

Long term care planning may be important for you and your family. Many Pennsylvania residents make the smart move of planning for the future, which, in most cases, means serious financial planning and estate planning. However, there may be one aspect of retirement or growing older about which some people have not thought -- the potential need for long term care.

Remember who your Will helps - your beneficiaries

Why don't many people engage in estate planning? They think that they don't have enough assets to even need a Will or an estate plan. Another common mistake, for those who do have estate plans in place, is to think that once the documents are signed that they can be set aside and never reviewed. Both mistakes, as a recent article pointed out, can cause all kinds of headaches for your beneficiaries.

What are the basics of probate?

Many people know that estate planning involves crafting a set of priorities for assets and determining who will become the guardian of minor children. But, there are certain terms involved in the estate planning process that some people may be unfamiliar with, like "probate." So, what is probate and what is the role of a probate court in estate administration?

Appoint the right people for important roles in an estate plan

When Pennsylvania residents are having a comprehensive estate plan drafted, they are, out of necessity, determining who they can depend on in crucial moments of their life. First and foremost, choosing the right attorney to help craft your estate plan is a big decision. But, who will you appoint to play key roles when your estate plan is put into effect?

Estate Planning For One

As society changes, more people are living alone. Some are marrying later in life, if at all, and having fewer children. Many will reach the end of life with few if any close living relatives nearby. While people who are living alone are in many cases "making their own families" out of their other social connections, this trend has social and financial consequences, one of which is figuring out estate plan.

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