The Benefits of Hiring an Estate Planning Attorney

It is easy to put off creating a will and other estate planning tools such as health care directives, powers of attorney and trusts. Also, it is easy to select an online provider to create the documents – but neither of these is your best option.  There are five outstanding reasons to hire an estate planning attorney now to create your estate plan and the related...

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How Durable Power of Attorney for Finances Works in Pennsylvania

A durable power of attorney for finances enables someone you have designated to manage your finances when you are no longer able to make financial decisions. A family estate planning attorney will tell you that this document is very important to your family, whether they know it or not. Should you become incapacitated without a durable power of attorney for finances,...

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What does a Health Care Directive Consist of? Here is the Info.

Everyone has the right to choose his or her own health care interventions and treatments. Yet sometimes an individual is comatose or has dementia or some other debilitation and cannot make health care choices. In this case, a health care directive will express to medical personnel the wishes of the individual when he or she was still able to make health care choices. A...

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What’s the Difference Between Revocable and Irrevocable Trusts?

To explain it simply, a revocable trust (also called a living trust) may be changed after it is created. An irrevocable trust is quite difficult to change. An individual may choose to form an irrevocable trust to receive certain tax-shelter benefits not provided by a revocable trust. What is the purpose of a trust? A trust is a legal entity separate from the individual...

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