Writing a will represents a responsible step someone could take to help Pennsylvania family members and other beneficiaries. A will may reflect one component of a comprehensive estate plan, as other documents might address financial and health matters. While taking...
Lebanon Pennsylvania Family & Estate Law Blog
Knowing how to use a Medicaid trust
You can use a Medicaid trust to protect assets from liquidation if a person requires an extended stay at a nursing home. In Pennsylvania, Medicaid limits might be enforced. When the trust works, long-term facility care won't require upfront, often expensive costs....
What is a generation-skipping trust and how does it work?
As a resident of Pennsylvania, you might want to create a trust to leave your assets to your loved ones. If you’re getting older, you may want to create one that leaves your assets to your grandchildren. A generation-skipping trust could be the best option. What is a...
Estate planning when Alzheimer’s runs in your family
One element of creating an estate plan is thinking about your long-term care needs. This involves considering who you may want to be in charge of your Pennsylvania assets and health care if you are incapacitated. However, if you have a history of Alzheimer's disease...
Adding your Google account in your estate plan
Society exists mainly online these days. Instead of physical filing cabinets with all of your information, most of your important documents or photos might exist on your Google account. Many websites are giving people the option to say what happens to their account in...
How can you preserve your wealth for future generations?
If you've accumulated a lot of wealth or financial assets in your lifetime, you probably want to ensure that your family members in Pennsylvania can enjoy the wealth for generations to come. However, you've heard the stories about people who inherit a large sum of...
Can a life insurance trust help solidify your estate plan?
Many people purchase life insurance policies so that they can help to provide for their family members even after they're gone. While this is noble, and usually a sound financial decision, it's imperative that you think carefully about how the insurance policy funds...
Should parents give an equal inheritance among their kids?
Most parents will never admit they have a favorite child, no matter how often their kids beg to know. Most parents won't admit it because they don't have a favorite child. They love their children in different ways and maintain unique relationships with each of their...
Durable power of attorney agents should be in your estate plan
Having a durable power of attorney is important for several reasons, but the primary reason is because it gives you the peace of mind of knowing that someone will be there to take care of your finances and estate if you are injured or unable to do so on your own. A...
How is theft defined in Pennsylvania?
The crime of theft can take many different forms. This is why it is defined in different ways under the law. Categories of theft also differ significantly between states. This article will focus on how theft is defined in Pennsylvania, and on the main categories of...
