Readers who are familiar with previous posts know that there are a lot of factors to consider when it comes to estate planning in Pennsylvania. They know that it is crucial for everyone to have an estate plan in place, regardless of the perceived size or value of...
Month: November 2017
Talking to elderly parents about their long-term care planning
When most people think about estate planning and covering costs for long-term care, they probably think just about themselves. But, the reality is that many people will need to have these discussions with their parents as well, particularly when those parents are...
Plan ahead for long-term care costs
When it comes to estate planning, many people think of the process as a way to designate beneficiaries for the distribution of their assets upon death - and that's all. But, the reality is that estate planning can be about much more. An estate plan can address ways to...
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...
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...
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...
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...
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...