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One of the most common choices that married couples make in regard to planning their estate is for each spouse to leave all assets to the other. Many couples feel that they have spent a lifetime working to build a base of assets and create financial stability, and...
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...
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...
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...
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...
Virtually no Philadelphia resident is unaware of the life and career of mega-star Prince. The musician recently passed away, and it appears that he may have had no estate plan in place to outline his wishes. His siblings (who are also his likely heirs) have filed...
Any time that a Philadelphia resident goes through a significant life event, there is a need to revise his or her existing estate plan. This is especially true when a second or subsequent marriage takes place. A new union not only creates new family ties, but it also...
Not everyone approaches estate planning with the focus of passing down accumulated wealth to their children and grandchildren. In many cases, Philadelphia residents have spent a lifetime building their business or creating a body of creative work, and wish to preserve...
For many Philadelphia families, estate planning is a complicated affair. Often, parents wish to divide their savings and assets between their surviving children, but that division is not always equal. Passing along an unbalanced inheritance can cause a great deal of...
Some Philadelphia residents require the services of an estate planning attorney in order to create their wills or to structure a trust. Others need to find an attorney to initiate or defend against probate litigation. In order to make the best possible choice, it is...
