When a Philadelphia resident has amassed a considerable amount of wealth, handing those assets down to children and grandchildren is a source of pride. No one wants to envision a scenario in which an heir loses access to a chunk of his or her inheritance, but that is...
Your Lawyers For Life
Month: May 2016
Baby Boomers and durable powers of attorney
As the Baby Boomer generation enters retirement, these Americans will have a unique set of needs when it comes to estate planning. Many Boomers in Philadelphia have already set up their estate planning packages, but they may not be reviewing and revising those...
Estate planning for both an inheritance and long-term care
No one knows exactly what the future might hold, which makes it difficult to plan ahead for every conceivable outcome. That said, everyone is aware that many people will require some type of long-term care as they age. Despite understanding the high probability that...
Estate planning law change could prompt review of plan
Many Philadelphia residents have worked hard to create plans for their estates that meet their specific financial goals. That is a major accomplishment and should bring about a sense of comfort in knowing that these important matters have been taken care of. Over...