Why Estate Planning & Probate Matter in Florida Florida is home to unique laws that affect what happens when someone passes away — especially for families with property in the state. Many people who own Florida real estate don’t live here year-round. Others inherit property or assets from loved ones who did. If a loved … Read more
Estate planning isn’t just about deciding who will receive your property when you pass away. An effective estate plan helps you maximize the amount of your estate that your heirs actually receive. You can do this by planning ahead and adopting tax-advantaged strategies for reducing the amount of inheritance tax your heirs will pay. One … Read more
The probate process can be long and arduous. Even in the best of circumstances, it can last nine months or longer. In contested cases, the probate timeline can extend for several years. For many families in Pennsylvania, one of the biggest concerns after a loved one passes away is waiting out the probate process. While … Read more
When people create a trust, especially a revocable living trust, they often assume they no longer need a will. After all, your trust is supposed to hold and distribute assets outside of a will. Unfortunately, whether you have a trust or not, you’ll still need to create a will. The trust is simply another essential … Read more
The best time to make a will or trust is yesterday. If you haven’t sorted out your estate plan yet, the second-best time is today. How you plan for the future will greatly determine the financial security and stability of your loved ones. By deciding to create a revocable or irrevocable trust, you can achieve … Read more
Planning for the future involves more than just writing a will. After you pass, your descendants have to wait for probate to wrap up, pay inheritance taxes, file an accounting of the estate’s inventory, pay the estate’s debts, and make sure all of the will’s requirements are fulfilled. By working with a Pennsylvania trust lawyer, … Read more
When most people think about wills, they probably imagine arcane legal citations, a ream of legal paper, and complex clauses in a beautifully typed font. While many wills are written by skilled attorneys, there is no specific legal requirement in Pennsylvania to hire a lawyer to write your will. In fact, you don’t even need … Read more
In one Pennsylvanian study, less than half of urban and rural adults were found to have a written will. This poses a problem for loved ones because a will is necessary for speeding up probate, avoiding disputes, and ensuring that family members are financially secure. By creating a will, you can provide a measure of … Read more
No matter how many precautions you take in life, there is always a chance of a major injury or illness. When disaster strikes, your family needs to know that they are protected. Writing a will is one of the most important steps you can take to protect your family and make sure your wishes are … Read more
While no one likes to think about death, everyone eventually will pass on. Planning ahead allows your loved ones to be financially secure and helps to avoid disputes over your estate. The last thing you want is to trigger intense arguments and confusion by not leaving a clear will. In Pennsylvania, not having a will … Read more
