Blog

  • Special Needs Trust Basics October 30, 2020 - A Special Needs Trust is a legal document written by an attorney that details how the assets in the Trust will be distributed to the beneficiary (or special needs person). The most important thing to remember about a Special Needs Trust is that it ensures that assets can be received and used for the beneficiary...
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  • Coronavirus Update March 24, 2020 - Dear Clients and Friends: The COVID-19 pandemic has caused many challenges and continues to have us all make sacrifices for the health and well-being of our community. We know that many of you are unable to travel, work, or proceed as normal right now due to current government orders and advice. However, we wanted to...
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  • How the Secure Act can affect your Estate Plan January 10, 2020 - Legislation called the Setting Every Community Up for Retirement Enhancement (SECURE) Act was passed as part of the government’s spending bill last year and took effect on January 1, 2020. This intent of this legislation is to strengthen retirement security for many individuals. However, required distribution rules have changed mostly for the worse for individuals. ...
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  • Beyond the Power of Attorney August 22, 2019 - How to Help Your Parents When They Don’t Have, or Won’t Use, a POA Mom passed away, leaving Dad behind. They long ago executed powers of attorney giving their only child the authority to act as their agent. Unfortunately, Dad, who is quite elderly, is showing signs of dementia. He isn’t able to manage his...
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  • last will and testament attorney What should I expect when I’m creating an estate plan? May 15, 2019 - The first thing many people say when they hear that we are estate planning lawyers is, “but I don’t have an estate!”   You may not own a vast “estate” like the enormous mansions the word calls to mind, but almost everyone has an estate.  Merriam-Webster defines an estate as “the assets and liabilities left...
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  • last will and testament attorney What Does an Executor do and Who Should I pick as Executor February 14, 2019 - One of the first things to consider when you write a Will is who should be the executor.  But first, what does an executor do? The role of an executor is to administer your estate after you die.  It is likely that the first thing your executor would do is probate your Will. Probating the...
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  • The Importance of a Durable General Power of Attorney and a Healthcare Power of Attorney November 27, 2018 - Many people put off executing powers of attorney. The consequence of doing so means that if you are unable to handle your finances and/or health care decisions because you become incapacitated for any reason (for example, by an accident, a stroke or a disease) and you haven’t executed a durable general power of attorney (DGPOA)...
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  • west chester estate planning lawyers What is a Dynasty Trust in Pennsylvania? November 8, 2018 - A dynasty trust is used to pass on property and assets for the benefit of an individual’s descendants and their descendants. These types of trusts are typically utilized when a person would like to avoid the extensive taxes involved with estate administration and probate. Dynasty trusts have a wide range of benefits for the creator...
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