Trusts are valuable estate planning tools, and there are many types of trusts available under Pennsylvania law. All trusts require a trustee. The trustee’s job is to follow the terms of the trust, manage the trust’s assets, handle distributions and pay all necessary...
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Month: January 2021
What should I include in a partnership agreement?
Choosing the right entity — or structure — for your business is a major decision. The various different types of business entities each have a different impact on taxes, legal liability, operational requirements and more. In addition to sole proprietorships,...
The value of power of attorney and a health care proxy
Estate planning encompasses a variety of factors. Much of it depends upon having the right documents filled out correctly and keeping them updated with the latest information. Two vital documents smooth out the process of estate panning and administration. Power of...