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Although an estate-planning document may be advisable for everyone, it is practically essential for a business owner. The recent estate questions surrounding the late Ralph Wilson Jr. illustrate this need.As professional football fans may know, Ralph Wilson Jr. was...
Readers of this blog may know that a certain value of their assets is exempt from estate tax. An estate attorney would refer to this value as the exclusion amount. In 2014, that amount is $5,340,000. Yet there may be other tax implications or concerns involving...
What happens when an individual is overtaken by sudden incapacity? An attorney that specializes in estate planning knows that undesirable consequences may follow, even if loved ones know that the individual would have wanted a different outcome.For example, if an...
While very few residents of Kennett Square, Pennsylvania, think of dying suddenly, most realize the need to prepare for any of life's uncertainties. No one wants to leave their family fractured by failing to plan for the future, which is why estate planning was...
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