When the recent tax legislation was enacted into law, there was quite a bit of discussion in the news about the changes brought to the estate tax. However, the reality is that the federal estate tax only affects a very small percentage of the population. Most people...
Results
The best tools to use for long term care planning
Long term care planning, which may be included by Pennsylvania residents as part of their estate plans, has several factors to consider. First, there is the cost of care, which can be significant. Second, there is the consideration of how long the care might be...
Things to consider when choosing a nursing home
Whether choosing a nursing home for yourself or assisting your aging parent with the choice, it can be difficult to know where to begin. Location and affordability are often the first criteria, but after you have begun to narrow down your list of potential choices,...
Facing the facts with long term care planning
When most people think about starting an estate plan, they may make the mistake of thinking that the plan will only address what happens to their assets after they die. But, the reality is that comprehensive estate plans can take into account a wide variety of...
Estate planning can help simplify and organize your finances
Many of our previous posts here have pointed out how estate planning can help Pennsylvania residents get piece of mind when they make a plan for how their assets will be distributed to their family members and close friends upon death. However, there are many...
Planning tips for your parents’ elder care needs
Understandably, it’s not the most pleasant conversation to have. When your parent or parents are approaching an advanced age, or dealing with a medical condition that’s diminishing their faculties, it’s necessary to make a plan for elder care. While...
The elderly or those with special needs may need guardianship
Guardianships may be needed by the elderly or those with special needs. It can be difficult to watch the ones we love struggle to complete even the most basics tasks in life. However, when older relatives or relatives with special needs are facing difficulties, the...
