What to Expect in the Estate Administration Kickoff?
At Antanavage Farbiarz, we understand how devastating it is when a parent, grandparent, child, or anyone you love dies. We respect your need to mourn. But, once you’ve had a chance to breathe again, we’re ready to help you administer the estate of your loved one....
Six Reasons to Create Trusts
Talk with an experienced Berks County estate planning lawyer today A trust is a legal document that helps seniors and any adult Pennsylvania resident control his/her assets. The basics of a trust document are: The creator of the trust. This is the person, also called...
How to Protect Assets From Nursing Homes
Nursing home care in Pennsylvania is incredibly expensive. The cost of just one year in a nursing home can run up to $100,000. The average stay in a nursing home is generally between three to five years. Most seniors who need nursing home care need assistance from...
How to Choose Your Child’s Guardian
No matter the age of their child, every parent needs to appoint a guardian for their child in case the parent dies or is unable to care for the child. Parents who are married rely on the other parent to raise the child – but you need to plan for both parents dying...
Estate Planning When Spouses Have Different Heirs
These days, many spouses divorce and remarry. Spouses may have had children with prior spouses or partners. All spouses have different parents and grandparents. It’s natural for spouses to want to provide for their current spouses when they die. Things get complicated...
Why You Should Update Your Estate Plan
Many people prepare their wills and then never change them. That’s a mistake. If you have a will, trust documents, powers of attorney, or other estate planning documents, you should review them periodically, especially after a significant life change. Your estate...
How to Ensure Your Children Get Your Estate and Not Your Ex-Spouse’s Family
It’s a very common situation. You and your spouse raise two wonderful children. You prepare wills and other estate planning documents to protect your children. Then the marriage goes sour. You and your spouse divorce. You’ll need to update your wills and other...
Estate Planning And Digital Assets
Many people are now investing in cryptocurrencies such as Bitcoin and other digital assets. Digital assets include more than currency. They also include your social media accounts, email accounts, and other accounts. If you don’t make sure that your executor or your...
Pa Inheritance Tax Explained
The Pennsylvania inheritance tax is a transfer tax. The tax applies to assets that are paid to a beneficiary. The amount of the tax is based on the value of the property and the family relationship of the beneficiary to the decadent. Therefore, one of the goals of...