Paying the decedent’s taxes and debts from the estate funds are part of the probate process in Pennsylvania. As noted by SmartAsset, certain heirs may incur an inheritance tax as a result of inheriting assets. Surviving spouses, however, have a “0” inheritance tax...
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Why do people put off estate planning?
Estate planning, which means preparing for your future, can provide peace of mind and security. Despite this, only about 33% of Americans had any estate planning documents in 2021, according to Caring.com. There are many reasons why people might delay preparing for...
Statistics on the prevalence of elder abuse
In addition to reviewing and covering costs associated with long-term care or living in a nursing home, you should go over other issues that affect many older adults, such as elder abuse. Neglect and abuse affect many older adults each year, and taking a look at...
What are the signs of elder abuse?
You expect people who care for the elderly to conduct themselves in the appropriate manner at all times. Sadly, this is not always the case. Some caregivers target vulnerable people for abuse, which can have devastating consequences. That is why you must know the...
