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June 2013 Archives

How to maintain control over irrevocable trusts in Pennsylvania

Funding trusts can be a worthwhile endeavor, while estate planning. Residents of Kennett Square, Pennsylvania, should consider the value of setting up a trust in order to preempt family conflicts arising from the distribution of their estate. An irrevocable trust is one kind of trust that can serve many benefits, including the protection of properties from the heirs' mismanagement, estate taxes and liens by creditors against the decedent and heirs.

Estate planning basics to avoid probate litigation

Here in Kennett Square, Pennsylvania, residents need to consider estate planning. The fact is, not all people are keen to anticipate what happens to the estate after death. However, ignoring the implications of probate may mar the relationships of the heirs. Probate litigation can be costly and time-consuming. Estate planning mistakes are common, but with proper research, people can avoid these common errors.

How to choose the right executor for your estate plan

Contemplating death may be such a cause of stress that many people tend to overlook the importance of estate planning. Nevertheless, everyone needs not only to set up an estate plan, but also to have it reviewed regularly and revised as necessary.

The benefits of updating a person's will

Preparing an estate plan is seen by many as a necessity. But for some people, estate planning can be very difficult to contemplate because it can lead to thoughts of the person's existence and ultimate passing on. The tasks and assets involved can also become arduous and complicated.

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Larmore Scarlett LLP

Larmore Scarlett, LLP
123 E. Linden Street,
P.O. Box 384

Kennett Square, PA 19348

Phone: 610-444-3737
Fax: 610-444-9532
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