No Last Will, No Problem
As though the loss of a loved one wasn’t challenging enough, families must navigate the estate administration process of honoring a loved one’s wishes, or lack thereof, without much direction. The first step is to determine whether your loved one had a signed, original Last…
Whats wrong with Joint Accounts when it comes to Estates?
Joint ownership on assets is not the solution for all challenges that arise in estate planning and financial management. Oftentimes, joint ownership can compound the complexity of estate planning and benefits qualification because with joint ownership comes additional obligations and risks. Below are a few…
Splitting the Bill: Who’s Paying for Mom’s Nursing Home
Out of respect, indifference or confusion, children of elderly parents tread lightly on the topic of how a parent uses their finances. While a child should be considerate and always act in accordance with authority granted through financial powers of attorney, children must recognize that…
PA Estate Planning Time Bomb
When gifting assets, its crucial to understand the implications and risks. Learn more about estate planning and why it is important to establish a comprehensive estate plan that considers the current costs and future expense for your loved ones.