Though difficult to think about, some day each of us will pass away and our loved ones will be left to pick up the pieces. Estate planning is the process of completing certain tasks in order to prepare an individual’s assets in the event that he or she becomes incapacitated or passes away. The plan…
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Posts Tagged ‘estate lawyer media pennsylvania’
What to Consider When Creating an Estate Plan in Pennsylvania
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When is the Right Time to Consult an Elder Law Attorney in Pennsylvania?
Much like wisely deciding to repair the tattered roof of your home to protect against a surprise thunderstorm, the best time to contact an elder law attorney to adequately address the future needs of aging parents, a spouse or yourself is today. Long-term care arrangements are too often placed on the backburner of life’s priorities….
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Will the Right Heirs Inherit Your Estate?
As emotionally unsettling as your death would be to your spouse, children and extended family, its impact would have additional ramifications should you die without having drawn up a will. Whether young or old, fit or infirm, having a valid will or other binding declaration ensures that the assets you accumulated over a lifetime will…
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What Does It Mean to Serve As An Estate Administrator After Someone Dies In Pennsylvania?
If a close family member or friend has died and named you as the executor of his or her will, no doubt you consider it a great honor. After all, this person considered you a trusted person in life. You will want to serve the departed dutifully now that he or she can no longer…
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You Can Still Use Common Law Marriage to Reduce or Eliminate PA Inheritance Tax
Under Pennsylvania Estate Law, anything that you inherit from your non-spouse, significant other after his or her death will be taxed at a rate of 15% by the Pennsylvania Department of Revenue. However, if you can prove that you were the common-law spouse of the deceased, anything that you inherit will be taxed at a…
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