Dying intestate can create complications for a person's estate and heirs. Without clear instructions on how a person's assets are to be divided among the beneficiaries, state law takes over. And the state will not necessarily do what the decedent wished or what the...
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Kennett Square Pennsylvania Probate & Estate Law Blog
Things to consider while planning your estate
Leaving a legacy after death is the main goal people have when establishing wills, trusts and other financial instruments that will outlive them. However, there is no such thing as a perfect estate plan, and each tool does not necessarily meet the wishes of the...
Set up a revocable trust to avoid a lengthy and costly probate
Depicting what will happen after a person's death can be daunting, especially if there are significant assets that will be left behind. Entrusting a legacy to the heirs can become a challenge in a case where the heirs are not yet prepared to make sound decisions.Most...
Address life changes by updating a will to avoid probate dispute
Many residents of Kennett Square, Pennsylvania, have drafted a will to ensure that they will leave behind a legacy. Changes happen every day, though, and not everyone has given thought to the idea that those changes can have a significant impact on a person's estate...
Why estate planning is available for everyone
Most people in Chester, Pennsylvania, may think that creating an estate plan is only for wealthy people, considering the substantial amount of assets, properties and income involved. However, estate planning is not limited to wealth protection and distribution. Estate...
Taking care of pets upon the owner’s death with a pet trust
Pets play an important role in a person's life. Whether Pennsylvania pet owners treat their beloved dogs and cats as their best friends or as buddies, the animals often receive the utmost care. However, life is full of surprises, such as a person becoming unexpectedly...
Mistakes in beneficiary designation can lead to probate
Growing old is inevitable, of course, and all people will reach that point eventually unless tragedy or illness intervenes. Residents in Chester, Pennsylvania, may have considered this fact and may have drafted an estate plan as a result. This is to ensure that when...
The value of trusts in securing the children’s well-being
Nowadays, news of tragedies and crimes is constantly being aired in Chester, Pennsylvania. Many local people are starting to develop anxieties regarding their children's well-being. It makes a person consider taking preemptive measures that aim to protect and provide...
Why a will is important in estate planning
Many residents of Chester, Pennsylvania, are well aware that life is full of uncertainties. Disasters and catastrophes may strike at any time. A person will inevitably grow old and may pass away from illness. People with accumulated assets, especially those who have...
Estate planning simplified
Transferring a person's estate is an important task, especially if there are a considerable amount of assets with significant monetary or sentimental value. As such, many residents of Chester, Pennsylvania, are focused on how they will distribute their assets through...

