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 …
Medical Assistance Estate Planning Pennsylvania | Elder Lawyer Malvern
When do I know to assist in my elderly relative’s medical care in Pennsylvania? Assisting in your elderly relative’s medical care not only is a question of when, but also how. Even if you want to assist with decisions when your loved one falls ill or becomes incapacitated, you first have to be …
Elderly Relavtive’s Health Care Pennsylvania | Chester county Attorney
Who has the right to choose my elderly relative’s health care in Pennsylvania? If your loved one has already completed his or her estate planning, the person named in the estate as an agent has the right to choose your elderly relative’s health care in Pennsylvania. In some cases, this can be …
Think Outside The Will – What Else Makes A Great Estate Plan For Pa Residents? Part 1
When you think about doing the right thing and taking care of your spouse, children, friends or loved ones, you probably say to yourself: "I've really got to do a will." But there are....
Are You Responsible for Your Parents’ Nursing Home Bills? In Pennsylvania The answers Is Now Bad News For Many Families
Whether You Are Affluent or of Modest Means – You Now Have A New Concern in Pennsylvania – Being Responsible For Your Parents Nursing Home Bills and Expenses By: David M. Frees III, JD Many people have asked through the years whether or not …
Pennsylvania Inheritance Lawyer Advice: Tips and Special Considerations for Writing a Will
It’s important to draft a will while you are still young to help your friends and family make decisions about your health, finances and property after you pass away. When considering issues like Pennsylvania inheritance tax and other fees, fines, and situations it may seem like writing a will is a daunting task. It …
Pennsylvania Revocable Living Trust Attorney | Trust Distribution
Question: When would I use revocable living trust in Pennsylvania? Answer: A revocable living trust can be used by you to distribute your Pennsylvania assets and properties in 3 different ways. While you are still living – this option allows you to see and enjoy giving your designated beneficiaries your outlined benefits over a period of …
Choosing A Charitable Remainder Trust | Pennsylvania Charitable Trust
Question: When would I use a charitable remainder trust in Pennsylvania? Answer: Learning if a charitable remainder trust is truly right for you is best left to the advice of a Pennsylvania charitable trust attorney. But generally, a charitable remainder trust is recommended for individuals whose properties and assets being distributed fall under 1 or …