Business succession planning is about an organization’s leadership thinking ahead to be sure that the business has the talent and experience in reserve that it may need to replace a key role, sometimes on short notice. After all, people change jobs frequently in the...
Estate Planning & Probate
Ask loved ones about estate planning this holiday season
While you are still recovering from your recent Thanksgiving meal, it is important to continue thinking of your loved ones as the holiday season continues to move forward. While it may be difficult conversations to have, this time of year is a great opportunity to...
What if I get married or divorced and do not update my will?
One of the main reasons Pennsylvanians create estate plans is to ensure that their property goes where they want it to go after they are gone. A will and other estate planning documents are meant to reflect the final wishes of the testator. However, life changes, and...
Here’s why you shouldn’t create an estate plan on your own
With numerous online resources at your disposal, it may seem easy to create your own estate plan. Although creating one of these plans may seem simple, we discourage you from engaging in do-it-yourself estate planning. Why? Simply put, navigating this process without...
What do personal representatives do during probate?
When loved ones pass away in Pennsylvania it can be a difficult time in people’s lives. There is certainly a mourning period that people go through as they start their lives without the loved one’s love and support in their lives. However, while families are going...
Contesting a will in Pennsylvania
One of the principal reasons for making a will in Pennsylvania is to avoid conflict among potential heirs by resolving all questions about the distribution of assets. Unfortunately, even a carefully drafted will may offend certain family members who thought they would...
What is the purpose of a will?
People often put off thoughts of future planning in the event that something might happen to them. Taking steps to ensure that your assets go where you want them to can make a lot of sense, though, if you want to help secure a financial future for your loved ones....
The different types of powers of attorney
When it comes to estate planning, there are many different options available to achieve the results you want. Some options will be more or less important to different people and at different times during their lives. A power of attorney is a tool which can be useful...
Planning for the possibility of incapacity
Estate planning can mean considering some unpleasant topics. One of these is the possibility of incapacity. In other words, this means coming up with a plan for what should happen if one day you are unable to make important decisions on your own. While this may be an...
Can a will that was revoked or deemed invalid be revived?
For Pennsylvanians who are thinking about the future and want to be prepared, creating an estate plan is a wise step. The most basic type of estate planning document is a will. Many might think that once a will is completed, it is unlikely that changes will be...