Depending on one's state of residence, children may be financially liable for their parents' long-term care bills. Known as filial responsibility laws, these laws state that children can be held legally responsible for long-term care expenses if their parents are...
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Do you believe the myths about estate planning?
Estate planning - many people in Pennsylvania may be hesitant to begin the process because they either think that it is too complicated or that they don't need an estate plan. But, are the people who are thinking like this really believe the myths about estate...
Different estate planning concerns for millennials
Previous posts on this Pittsburgh, Pennsylvania, blog noted that while each of us has a different family and financial situation, almost everyone can benefit from estate planning. Older and younger people benefit from plans detailing how their assets will be...
What do adult children need to know about parents’ estate plans?
Once estate plans have been prepared by Pennsylvania residents, they usually feel pretty good about completing this important task. They have crafted plans for what will happen to their assets. They have powers of attorney in place, so that a trusted individual can...
