Pennsylvania uses a legal process known as probate to settle the estate of someone who has passed away. Depending on the provisions within the decedent’s estate plan, the circumstances of their death, and the type of assets involved, completing probate...
When navigating a Pennsylvania probate proceeding, several terms are often confused, conflated, and misunderstood: Personal representative, executor, and administrator. When facing the responsibilities of managing an estate after a loved one has passed away,...
In life, you will acquire many assets, including family heirlooms, property, vehicles, retirement accounts, and more. Deciding what will happen to all of these things if you should die or become incapacitated isn’t a pleasant thought, but necessary nonetheless. This...
As a young couple, you have many new milestones to achieve together throughout your lifetime. From moving in together, having children, getting married, or having children, it is easy to worry about the present and not the future. Having an estate plan in place to...
While you may expect to avoid the hassles of probate after your death by giving your home to your son or daughter, there often turns out to be many pitfalls that could potentially put you and your heirs through significant hardships. In this second installment of...
If you are planning your estate in Pennsylvania, you may think that it would be a smart move to transfer your house to your child in order to avoid tax implications. This process is straightforward, but in reality, it carries significant tax consequences that can have...
