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We have covered a lot of territory in the last few months. Powers of attorney, trusts, estate planning mistakes and strategies -- all good information, if we do say so ourselves. All of these subjects are good topics for conversations with an estate planning attorney,...
We were talking about the basics of estate planning in our last post, especially how difficult some of the decisions can be. For instance, with a durable power of attorney, you will have to figure out who should take on the responsibility of looking after your affairs...
It can be very difficult and uncomfortable to discuss what you want to happen with your care and assets when you can no longer make these decisions. However, it can prove to one of the most important steps in protecting yourself and your loved ones.There are many...
Drafting, composing and ultimately completing your estate plan is a tough endeavor, there's no doubt about that. But the big hurdle to getting this done is, well, getting it done. So many people procrastinate or avoid dealing with their estate until it's too late, and...
We are going back to wrap up our discussion about powers of attorney. In our Sept. 22 post, we were going over the different kinds of powers of attorney. As we have said, the Commonwealth of Pennsylvania presumes that every power of attorney is durable, that it will...
We are continuing our discussion of powers of attorney. If that sentence looks awkward, it is probably because the power of attorney is both the document and the authority granted by the document. The principal may grant authority to the agent to do just about...
Pennsylvania law stipulates that a power of attorney is presumed to be a durable power of attorney. As we explained in our Sept. 8, 2014, post, the authority conveyed with a power of attorney differs significantly from the authority conveyed with a durable power of...
It is not at all uncommon when a celebrity or some famous personage dies that a spate of talk arises regarding the individual’s estate plan—what they did well, what they overlooked, and how we can all learn some lesson from their example. Robin Williams is...
When comedian Joan Rivers went into cardiac and respiratory arrest during an outpatient procedure, the public vigil began. For the following six days, it felt as if news outlets reported on her condition hourly. While everyone outside of her hospital room waited for a...
Probate and estate matters are governed by state law. The federal government may tax an estate, but it does not handle will contests or, for example, guardianships. Pennsylvania does not have a probate court, per se. Rather, it has Orphans' Court.We are one of two...
