Six Reasons to Create Trusts

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...

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How to Choose Your Child’s Guardian

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...

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Why You Should Update Your Estate Plan

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...

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Estate Planning And Digital Assets

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...

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Pa Inheritance Tax Explained

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...

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Estate Planning Issues for New Parents

Estate Planning Issues for New Parents

There's an incredible joy that comes with becoming a parent. The smile of a child affects parents, grandparents, aunts, uncles, and all other family members. Every parent wants their child/children to live happy and healthy lives. They treasure watching their children...

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9 Common Revocable Living Trust (RLT) Mistakes

9 Common Revocable Living Trust (RLT) Mistakes

A revocable living trust is an estate planning tool often used in conjunction with a will. The main parts of a trust are: The creator of the trust. For example – the person who is planning for the day they die. The appointment of a trustee to manage the trust assets....

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