Blended families have become very common and they require special estate planning.
Adding a child or sibling to a joint account comes with a lot of risks about which banks will not warn you.
A power of attorney is a necessary part of protecting your family and your hard earned assets.
Without a Will: Five Common Life Situations and Consequences
How you complete your beneficiary forms can have an big impact on your estate plan.
An Elder Law attorney can help seniors with their complex legal concerns.
Creating a joint bank account is anything but routine. There are hidden risks.
On June 28, 2019, Governor Wolf approved HB 262, which includes the reduction of the inheritance tax rate from 4.5% to 0%. This applies to property transferred from a natural parent, adoptive parent or step-parent to or for the benefit of a child age 21 or under. The provision takes effect Monday, July 1, 2019.
It’s not uncommon for a property owner to add the name of another person — a significant other, a spouse, a child or a parent — to a deed. Just this week a client asked me about doing this – his motivation was to save on death taxes. He was correct that doing so has
The Disabled Beneficiary Someone who is unable to manage their financial affairs or who is eligible for government benefits, such as medicaid or supplemental security income (“SSI”) benefits would be someone who is a “disabled beneficiary” for purposes of this post. Gifts to disabled beneficiaries demand special attention and focus. The SSI program has strict