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, you may think transferring your house to your child may be a smart move to avoid tax implications. In Pennsylvania, this is a straightforward process to accomplish, but in reality, this move carries significant tax consequences that...
A frequently heard misconception about Pennsylvania succession rules is that the Commonwealth will get the entire estate if one should die without a will in place. The reality is that this occurrence is extremely rare because the state has an extensive...
