Blog

  • 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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  • How Does Estate Planning Work if I’m Married to a Non-U.S. Citizen? November 1, 2018 - If you are married to an individual that is not a U.S. citizen, you may be wondering how that could affect your estate plan. For example, transfers between spouses are typically not taxed, however, transfers from a U.S. citizen to a non-citizen may trigger some tax consequences. If you or your spouse wish to learn...
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  • Pennsylvania Guardianship Lawyer How to Give Guardianship to a Family Member in Pennsylvania? October 25, 2018 - Guardianships are usually established because an individual cannot make informed decisions regarding their health, safety, or financial status. In Pennsylvania, to create a valid guardianship, a person interested in the incapacitated person’s welfare must satisfy several requirements. If the requirements for forming a guardianship are met, a guardian can then be chosen for the incapacitated...
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