People in Pennsylvania may want to consider adding a health care directive to their estate plan. A health care directive appoints someone to make medical decisions on a person's behalf if that person becomes incapacitated. It also specifies a person's wishes for...
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Year: 2019
How women may protect their finances in a divorce
Some women in Pennsylvania who are going through a divorce run a higher risk of financial problems than men who divorce. Working women tend to have a drop in income after divorce while the income of divorced men tends to rise. Women are also at a greater risk of...
Asset division is complicated in a same-sex divorce
Same-sex couples now have the right to get married anywhere in the United States, but that right has not always given them such freedom. This is important when looking at same-sex divorce cases, especially during the asset division process. As financial experts have...
Tips to successfully co-parent with a narcissist
Divorced parents in Pennsylvania will have to make decisions about how their children will be raised. Co-parenting is often done when a couple shares custody of the kids. Unfortunately, challenges can arise when one of the parents is a narcissist or toxic person. A...
Overcoming emotional roadblocks to estate planning
Most Pennsylvania residents understand the importance of estate planning, but many of them find addressing end of life issues extremely difficult. People in the prime of their lives often vow to have these discussions at some unspecified time in the future, but that...
Could divorce be a smart financial decision?
Some Pennsylvania couples may be happy together and still in a loving relationship, but they may be prompted to consider divorce due to the financial implications of remaining married. While some reports indicate that ultra-wealthy couples may gain some tax benefits...
Advance directives and health care decisions
Estate planning allows individuals to make end-of-life decisions ahead of time by creating wills and advanced directives. While a will generally includes information on funeral arrangements, inheritances and guardianship of minor children, an advance directive focuses...
What if a trustee takes money from a trust?
When a person creates a trust, they may pick another person to act as a trustee and oversee that trust. That person is not the beneficiary. Instead, they work to administer the trust. Their goal is to work for the beneficiary, in a sense, within the rules of the trust...
Is it possible for shared custody to be a positive experience?
Establishing when you and your spouse will be in charge of caring for the children the two of you share as your divorce is ongoing in Pennsylvania, can be one of the trickiest parts of finalizing the details of your separation. While the two of you may have been used...
Preparing an estate plan with your small business in mind
Your effort to begin planning your estate long before you ever anticipate needing its implementation is crucial to your financial health. An estate plan that you have carefully crafted to meet your lifestyle and personal desires can be equally as beneficial to your...