Couples considering divorcing in 2018 may want to get an agreement in place before the new year. The Tax Cuts and Jobs Act will eliminate deductions for those responsible for paying alimony for a high asset divorce. The changes affect family law matters for divorce in...
Year: 2018
Selecting the right executor in Pennsylvania
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...
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...
Planning for the future can help avoid conflict
Many people in Hollidaysburg want to make sure that their family members are cared for after they pass away. Unfortunately, battles over the assets and estate left behind can consume money, time and emotional energy, and rivalries and conflicts can come to the...
Estate planning for people with digital assets
Pennsylvania residents who are looking to create an estate plan should include their digital assets as well. These assets could be anything from a Facebook account to the password to get into a computer or flash drive. As with physical items, an individual will want...
A quarter of divorces caused by household chore disputes
Disagreements are common in marriages, but some fights may be more likely to lead to divorce than others. A recent Harvard Business School study found that of the 3,000 couples interviewed, 25 percent of them listed arguments over housework as the top reason for their...
Who will receive your property if you die intestate?
You may find yourself among the numerous individuals who wonder whether creating an estate plan suits their needs. In reality, anyone can benefit from having an estate plan. The tools used when planning can address many areas of life, and even if you do not have...