You cannot predict the future, and you cannot control what will happen in the months or years ahead. However, one productive thing you can do is to plan well for all contingencies, including medical incapacitation or an emergency situation. It may not seem pleasant to...
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Estate Planning
Should you add a trust to your estate plan?
As an adult, you understand how important it is to focus on planning for the future. You do not have to be wealthy or possess significant valuable assets to benefit from creating an estate plan. Even the creation of a will can provide you with certain benefits, such...
Estate planning: What is a will?
Few things are certain in life. Two issues you can know for sure are that no one can predict the future, and every person who lives will die someday. You might have some awareness of an impending death, such as if you or a loved one have a terminal illness and doctors...
How do I update my estate plan?
The estate planning process is highly customizable, which is one of its many benefits. You can place two Pennsylvania portfolios next to each other, and one might have several documents included that are not part of the other. For instance, your estate plan might have...
Evaluating your estate planning options as a new parent
There may be few things in life as exciting and joyful as preparing to welcome a child into your family. If you are about to become a parent for the first time, you may wish to take every possible measure to prepare for the responsibility this can bring, but such an...
What to consider when choosing an executor
You and many other Pennsylvania residents will undoubtedly want the closing of your estate to run as smoothly as possible when the time comes. Fortunately, long before your passing, you can take the time to go over your wishes for closing your estate and appoint a...
Estate planning topics to address when approaching retirement
If you are approaching retirement age in Pennsylvania, there is a chance you might have spent decades planning and saving for the golden years of life. However, with a multitude of vital topics to address concerning your wishes for the future, developing a strategy...
How can I smoothly pass on my business to my kids?
Running a family business may have been a dream of yours for years. When that dream came to fruition, you likely felt proud and looked forward to the future where you and your children would operate the company together. Now that your retirement years are getting...
What documents should I have in my estate plan?
Finding the motivation to start estate planning is not always easy. You may have gone back and forth between starting on your plan and putting it off for another year. However, having a plan in place sooner rather than later typically proves more beneficial because a...
People from all walks of life need estate plans
People in Western Pennsylvania of all ages and states of life can benefit from at least some basic estate planning. Far from being a necessity only for the wealthiest people, estate planning actually is critical for a broad cross-section of our region’s population....