When you create your will, one of the first tasks is to choose the person you wish to serve as your personal representative or “Executor” (if male) and “Executrix” (if female). This person (or business) will oversee the administration of your estate. If you do not...
Can a new life circumstance automatically change my will?
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...
When is it time to modify an estate plan?
After you set up your estate plan, you may think you are done. A will may be meant to reflect your final wishes, but life changes over time and your estate plan should too. Milestones Estate plans should be subject to regular reviews to ensure they are current and...
What should I put in my living trust?
Pennsylvania residents who choose to set up a living trust may have many questions about what assets should be placed into the trust. The main purpose of a living trust is typically to prevent the assets in the trust from going through the probate process after you...
A divorce might raise estate planning concerns
As one goes through a divorce, updating their estate plan may be the last thing on a Pittsburgh resident’s mind. Others may not easily see how the prospect of a failed marriage, either their own or that of a loved one, might affect estate plans. While there are...
What happens if you die without an estate plan?
Estate planning is important but challenging. One reason for this is that it can be hard for people to talk about what will happen when they are no longer alive. The first step toward building an estate plan can be speaking with a trusted Pennsylvania estate planning...
What are the types of special needs trusts in Pennsylvania?
Anyone in Pennsylvania who has a special needs child, no matter what their ages, knows that they must provide adequately for them once they pass away. Thankfully, you can create special needs trusts to take care of your disabled offspring. What are Special Needs...
Is estate planning of value to single people?
Wealthy individuals with large families may find it necessary to draw up detailed estate plans. Single people, both young and old, might not think they need a will or other estate planning documents. However, a single person and their family members might all benefit...
Designating beneficiaries for your estate plan in Pennsylvania
Estate planning is considered by many Pennsylvanians to be a one-and-done task. Even if you don’t plan on passing away anytime soon, it’s important to regularly update your estate plan and check on beneficiary designations. Beneficiaries are named when signing a new...
Making a plan to cohabit
Moving in with a significant other is a big step. Maybe not quite as big as a marriage contract, but it can feel very close to that. Cohabiting means sharing Pennsylvania expenses, living space, and a number of material things. Having a clear plan when going into that...
Subscribe To This Blog’s Feed 
