Probate is a legal process that occurs after someone passes away, and it involves the distribution of their assets and the settlement of their debts. In Pennsylvania, probate can seem like a complex and daunting procedure. However, understanding the basics of how...
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Wills & Estates
How wills and living wills fit into an estate plan
A will and a living will can be key components of any Pennsylvania resident's estate plan. If you die without a valid will, state law will typically determine who gets your assets or who becomes the guardian for a minor child. If you don't have a living will, family...
Am I too young to draft a will?
Generally, it is a good idea for every adult to have a will. None of us will live forever, and unexpected accidents happen all the time. Although you may think you have nothing to pass on, the amount of money you have now may not be as relevant as it seems. Depending...
What is a Testamentary Trust?
Most people associates the word "Trust" with exorbitant wealth while associating the word with the phrase "Trust Fund Babies". The truth is that one of the first things I ask couples who have children up to age 30 that come to me for Wills & Estates planning is...
End of Life Documents to Consider
When thinking about wills & estates planning, have you given any thought recently to end-of-life issues? Though they are not necessarily pleasant topics to think about, planning in advance could greatly help your loved ones when the time comes.One legal document...
THE PROBATE PROCESS (Part I)
It is well known that Pennsylvania has a very aging population. Accordingly, I have many clients inquire about the "Probate Process" in the various Pennsylvania counties. Quite simply, when an individual dies they either die with or without a Will. If they die without...
Digital Assets – Related to Your Wills & Estates
As technology continues to evolve and people manage a greater number of their assets and personal lives online, it has become prudent to consider your digital assets and web presence when crafting a Last Will and Testament. Take a moment and think about all of the...
What is Probate – Part I
On numerous occasions I have been asked "what is probate" and what is the process? Quite simply, probate is a process that helps us to conclude a person's estate after they die. Normally, I'm approached by a child who's last parent has passed. They have no idea what...
Wills & Estates – Beneficiary Designation
In my practice, I prepare a significant number of wills & estates. Most people understand that the gifts that they make in a will or trust will pass to the person they desire upon the testator's death. However, it isn't always so clear when it comes to life...
WHAT IS PROBATE?
Probate is the post-death process performed by an attorney through the Register of Wills in which the deceased individuals assets are determined and valued, creditors are determined and paid, estate and and inheritance taxes are calculated and paid, with the filing of...