Estate Planning

So, you’ve finally decided to create an estate plan. Maybe you just graduated college, got married, had a child, went through a divorce, received a large inheritance or maybe you simply just want a plan in place. No matter the reason, creating an estate plan is an...

If a Pennsylvania resident dies without a will, then their property will be passed to their heirs through a process called intestate succession. One can think of intestate succession as a default estate plan put together by Pennsylvania’s lawmakers. The idea behind it...

Younger people in Lancaster County who are just starting out in life might not see much of a need for a will or other estate planning documents. After all, they will usually have relatively modest property to worry about should they suddenly die or just not be able to...

It can be difficult for a parent to think about a situation where he or she is no longer able to care for their child. However, it can be helpful to designate a guardian who can step in and make decisions for the child if needed. There are some factors parents can...

For those of us that have taken the time to make an estate plan, we know how good completing that task makes us feel. It is like having insurance. Not only is it a sound financial decision, but also provides piece of mind for the inevitable. What many may not realize...

Estate planning can be a painful subject to discuss with one’s parents because it is about what happens after they are no longer alive. Many people do not have any sort of an estate plan and it is not even something that enters into their thinking. When your parents...

As if you don’t have enough to think about when going through a divorce, your will is one thing that needs to be addressed. Too many people forget about it and the impact a divorce can have upon their wishes. What it comes down to is this: either you make the changes...

Many individuals who engage in estate planning worry that the assets that they worked hard to accumulate will be squandered away or otherwise taken advantage of by their loved ones. This is an understandable fear. After all, you want what’s best for your loved ones....

On its face, estate planning may seem relatively simple. However, the estate plan that you need to truly suit your needs may be more complicated then you think. This shouldn’t deter you from creating an estate plan, of course. After all, as we’ve discussed previously...

It is a good idea to routinely review an estate plan to ensure it is up-to-date. Life changes which means that parts of an estate plan may need to be updated as well. It is helpful for estate planners to know what components of their estate plan they should consider...