Pennsylvanians are advised to create an estate plan to protect themselves and their loved ones. Many will opt for the simplest possible choice and create a will. While this is positive as it avoids dying intestate and leaving the property at the mercy of the law, it...
What are the duties of a personal representative?
The main reason people create a will in Pennsylvania is to ensure that their assets and possessions go to the people that they want to have them when they pass away. However, the will simply states people’s wishes. Someone who is still living must ensure that the...
Estate planning for special needs families
As your friends express their concerns about how they'll pay for their children's college education, you may be wondering how to care for the special needs of your child. You'll likely be providing financial assistance for your child well after their college years and...
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 time to replace your trust’s trustee?
If you have a trust that you use as a part of your estate plan, then you chose and appointed a trustee somewhere along the way. However, in many cases, the trustee you chose when you established the trust no longer serves your best interests or the interests of your...
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