Malvern Estate Attorney Explains Impact of Moving on Power of Attorney
A Malvern Estate Attorney Explains Impact of Move on Power of Attorney When you move to a new state, the laws of that new state may necessitate changes to your estate plan. See our article covering how your estate plan may change when moving to a new state [Insert Link to Moving to …
Domestic Asset Protection Trust Explained by Malvern Trust Lawyer
What is a Malvern domestic asset protection trust? Knowing what a domestic asset protection trust is can be an important part of estate planning, especially for people with significant assets that they want to protect from creditors and protect from a potential future divorce. Using a Malvern trust lawyer can ease …
Changing Your Estate Plan With a Malvern Estate Attorney
Malvern Estate Attorney Discusses Implications of Moving on Estate Plan Having an estate plan is very important to making sure your estate passes smoothly, and with minimal taxes, to your heirs upon your death. However, you may not devote much time thinking about the plan once it is created, considering it has already …
Pennsylvania Inheritance of $80 Million Dollars Confiscated By Government
This is a very unusual case in which a family drilled the safe deposit box of their father to find some rare gold coins. Expecting to enjoy this inheritance or at the worst, to split the value with the government, they were surprised to find that the government confiscated the inheritance and has now won …
Does Mediation Mean Binding Decisions? | Contact Phoenixville Attorney
Are decisions made through mediation legally binding? For the most part, decisions made through mediation are not legally binding. Mediation is used to help both parties come to a mutual agreement on a particular issue. Of course, if a legal contract is drawn and signed after an agreement has been reached, the contract …
How One Becomes Power of Attorney | Contact Phoenixville Attorney
Can I assume power of attorney if I am a beneficiary in my parents’ will? No, you cannot automatically assume power of attorney just because you are a beneficiary in your parents’ will. If your parents are still alive, they need to be the ones to appoint someone as power of attorney …
Special Needs Trust: Why is it used? Contact An Attorney
What is a special needs trust? A special needs trust, also called a supplemental needs trust, is used to provide mentally or physically disabled beneficiaries with money without them losing their eligibility for public assistance (such as disability, Social Security, etc.). A special needs trust created by an attorney helps provide …
Avoiding Probate when Settling an Estate by Designating Beneficiaries
Three Types of Estate Assets a Beneficiary Can Protect From Probate One of the most common ways to help your beneficiaries avoid probate when settling an estate after your death is to name beneficiaries either for specific assets or your will in general. The process of naming death beneficiaries may be done within …
Malvern Family Limited Partnership, Estate Planning, Asset Protection
When would I use a family limited partnership in Malvern? A family limited partnership (FLP) is a type of asset protection many families use when they have established a family-owned business and wish to keep it organized among the various partners upon the absence of a controlling partner. If you have …
Where Will Mediation Process Happen, Phoenixville Mediation Attorney
Where will the medication process take place in Phoenixville? You may think that there’s little to be concerned with when it comes to picking the location of the mediation process but that opinion may change when you find yourself in unfavorable areas. A good mediator and Phoenixville mediation attorney will be …