Very few Philadelphia residents enjoy dwelling on their own demise. For parents, contemplating what might take place if we die before our children are grown is even more difficult. That said, it is absolutely essential that parents take the time to create an estate...
Your Lawyers For Life
Year: 2015
Benefits of trusts versus a simple will
Virtually all Philadelphia residents are aware that they need to put their final wishes into writing. For many, the vehicle that they choose to complete this important step is a simple will. While wills do provide a basic level of estate planning coverage, there are...
Tips for using safe deposit boxes within estate planning
Once an estate plan has been drafted, many Philadelphia residents are unsure where to store those important documents. Keeping them in the home is a common choice, but that leaves a risk that they could be damaged in the event of fire or flood, or could be accessed by...
Change your perspective when considering heirs
For many in Pennsylvania, a primary focus within the estate planning process is to create a plan to distribute wealth equally among surviving children. This is an admirable goal, and one that can go a long way toward avoiding bitterness and resentment among siblings....
Durable powers of attorney for unmarried couples
Young love is a powerful thing, and virtually every Pennsylvania resident can remember a time in which the possibilities of life seemed endless and future happiness felt like a certainty. While this is a normal part of early adulthood, young people must take care that...
Beware of the risk of estate planning scams
Any time there is an exchange of money for services, there are individuals out there who are ready and willing to run a scam. This is true even within the field of estate planning. Most Philadelphia residents will turn to legal professionals to complete their estate...
What to look for in an estate planning attorney
For many in Philadelphia, making the decision to create an estate plan is the most difficult part of the entire process. From that point forward, the decisions that are made will be guided by an estate planning professional, which can take a great deal of the anxiety...
Estate planning win for same-sex couples
Many Philadelphia residents are aware of the recent Supreme Court ruling that serves to legitimize same-sex marriage. The change has led to a number of positive outcomes for gay families, including significant benefits in the estate planning arena. For those who have...
Wills are most effective when the proper executor is chosen
Drafting a thoughtful and comprehensive will is a great way for Philadelphia residents to ensure that their wishes are carried out at the time of their death. That said, an important aspect of that process involves selecting the right executor to carry out the...
A commonly neglected estate planning addition
When a loved one is lost, the surviving family members are often thrown into a very difficult and tumultuous time. Having to handle the final arrangements for a deceased relative is difficult enough, but doing so as one is also entering the grieving process makes the...