Planning for the future can be uncomfortable, especially when writing a will means confronting your mortality. Despite this, it can also be a very liberating process – one that can protect your family and your belongings. Wills are legal documents that can help you...
Your estate plan isn't a document you create once and forget. It's a living blueprint that should evolve alongside your life. As you experience major milestones and changes, your estate plan needs to reflect your current circumstances and wishes. Hence, here are five...
When you have minor children, estate planning does more than transfer property. It sets clear rules for who manages assets and how your children receive them. Pennsylvania law offers several tools that help you protect an inheritance until a child reaches adulthood....
Many people store photos, financial records, and personal messages online. These digital items can lose protection if you do not include them in your estate plan. You can give clear instructions now so your loved ones can handle these accounts later. Why digital...
An estate plan generally addresses your home, your retirement accounts and your family heirlooms. But if something happened to you tomorrow, who would step in to care for your pets? Leaving money to a friend or relative with only verbal instructions may not be enough....
Life is full of milestone moments, from buying your first home to starting a family, to even building a business or saving for retirement. It’s easy to get caught up in the constant stream of the present and put off planning for the future. However, some of the most...
Earning significant money at a young age is a dream for many. With energy, creativity and access to opportunities, younger generations are finding ways to build wealth faster than ever. From start-ups and digital businesses to investments and real estate, financial...
When you consider estate planning, do you think of it as something that people usually do closer to the end of their lives? Like many people, maybe you have always assumed that people make estate plans when they retire. They have a fairly accurate picture of what...
There are different types of taxes that can diminish the value of your estate. These taxes vary by state. For example, some states (not including Pennsylvania) have their own estate tax. There’s also a federal estate tax for high-value estates. Pennsylvania is one of...
Adults have to ensure they set their estate plan up so their wishes can be followed when they pass away. One important thing to consider is that there may come a time when you can’t make decisions for yourself. Now is the time to think about what type of medical care...
