Our estate planning clients frequently ask us: “who should I choose to serve as the executor of my estate?” It is a serious question that requires evaluation and contemplation. As a good coach would say, an executor needs to know … Read more

Are you worried about the financial future for your disabled child or grandchild? If so, you should consider establishing a Special Needs Trust to receive and manage assets for your child or grandchild. Under Pennsylvania law, a third party Special … Read more

Due to the generous amount of the Unified Tax Credit, as currently formulated under the Federal tax laws, individuals are now permitted to transfer significant wealth free of any Federal gift, estate or generation-skipping transfer (GST) taxes. However, certain favorable … Read more

What should be in my Estate Plan? To many people, this basic question is overwhelming and prevents the implementation of even the most basic estate plan. However, individuals can avoid this trap of inaction by initially focusing on the estate … Read more

As you work to finalize your divorce, don’t forget about your estate plan. A divorce is often all-consuming, both financially and emotionally, but it is important to turn your attention to your estate plan as you emerge from a separation … Read more

A prenuptial agreement, or a “pre-nup”, is an agreement reached by a couple prior to marriage which addresses the manner in which assets held by one or both of the spouses will be distributed in the event the marriage ends. … Read more

The start of each year is traditionally a time to make resolutions – more exercise, eat healthier, volunteer more. This year, you should also consider resolving to create or revisit your estate plan. Perhaps no resolution could be more important … Read more

Under the existing Federal annual gift tax exclusion, an individual is permitted to gift as much as $15,000 to as many individuals as he or she wishes in 2020 without any gift tax consequences. Further, because this exclusion is available … Read more

Good news, bad news. Good news, many years ago you had a Will prepared. Bad news, you haven’t reviewed it since you stored it in a “secure” location. This holiday season, give yourself the gift of peace of mind and … Read more