One of the most important parts of estate planning is choosing the right executor. This person will have the legal responsibility to manage the estate. Duties may include filing all necessary tax documents, consulting with attorneys, obtaining valuations for estate...
Month: May 2018
How to save money on a divorce
Pennsylvania residents and others who choose to get divorced could spend up to $1 million to end their marriage. However, there are ways to keep divorce costs to a reasonable level. For instance, it can be a good idea to engage in collaborative divorce as opposed to...
Beneficiary designation errors could derail your estate plan
When creating your estate plan, you may have several different types of accounts to which you may name a beneficiary. The funds in those accounts will pass directly to your beneficiary or beneficiaries without having to go through probate.These accounts may include...
Mistakes to avoid in Pennsylvania estate planning
Estate planning is a subject that many choose to avoid because it brings up topics people don't like to discuss: death or disability. However, refusing to develop an estate plan can make life more difficult to those left behind.The most common mistake people make is...
When a change in marriage roles leads to divorce
Couples in Pennsylvania who do not embrace traditional gender roles at the start of their marriages might be less likely to divorce. A Swedish study found that when women start out a marriage in a more traditional role and earn no money or less than half of their...