In our most recent post we talked about the federal budget and some of the ways that it might affect estate planning. Some commentators have expressed concerns that the tightening of federal purse strings might shrink the arsenal of estate planning professionals,...
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Kennett Square Pennsylvania Probate & Estate Law Blog
Federal budget could affect your estate plan: part one
Many people have been closely watching the development of the federal budget, keeping an eye on how limited funds and the current financial climate may affect the budget. What many may not have thought of, however, is the implications the budget could have for their...
Take a look at your will post-divorce
If you are going through or recently finalized a divorce, you've probably seen your share of paperwork and are ready to put the entire exhausting ordeal behind you. However, before you embark on your new life there is one more step you should consider: updating your...
Consider your options carefully before granting power of attorney
One man's story demonstrates why it is so important to select a responsible and trustworthy person when designating power of attorney. Understanding the details of powers of attorney is also critical.Knowing he would be unable to take care of his finances during his...
Leaving the family home to Fido
When writing one's will, there are certain details that a person is unlikely to forget. For instance, including financial assets and family heirlooms in a will is not uncommon and is likely on most people's radar. However, there are other important considerations to...
Estate planning goes beyond wills and trusts
Estate planning often involves thinking ahead and making many decisions. Though, after deciding how one wants one's estate to be managed and where various assets should go, there is still another step to take. Even if one's wills, trusts, and accounts are all in...
Unique estate plan names actors as beneficiaries
Some people may be quite surprised when they hear how one man chose to divide up his estate. The man was single and reportedly had no family or children. According to the man's attorney, "He was a loner, and a lot of neighbors didn't know who he was." So, when a...

