Someday you may want or need to have someone help you manage your assets and financial life. Two common methods of authorizing someone to step in are the financial power of attorney and the trust. While both of these tools are used to authorize someone to handle financial matters for you they have some significant […]
Aretha Franklin the Legend…. Don’t be like Aretha
As many of you know Aretha Franklin passed away on August 16, 2018 after a battle with pancreatic cancer. Ms. Franklin will be known as a legend and the “Queen of Soul” for years to come, but she will also be known as one of the celebrities who never set up a will or trust. […]
Do All of My Assets Pass through My Will?
A Last Will and Testament is an important document to have in place. Two of the most important purposes of a Will are to name who you want to receive your assets when you pass away (your beneficiaries) and who you want to administer your estate when you die (your Executor). However, a common misconception […]
Death Taxes for Pennsylvania Residents
Should you be worried about death taxes? Many Pennsylvania seniors share similar financial and estate planning goals. We want to be sure that we have enough resources to provide for our needs during our lifetime. And we want to pass a little something – as much as possible really – on to our families after […]
Mistakes Retirees Make—Beneficiaries with Special Needs
[Pennsylvania retirees often make legal and estate planning mistakes because of a lack of accurate information and guidance. These mistakes can impact the retirees’ financial security and prevent them from achieving important goals.] The existence of a child, grandchild, or other potential beneficiary with a disability (often referred to as “special needs”) complicates the estate […]
Transfer my home to my kids they said … I would be protected they said.
It is the heart of seminar season for us here at Marshall, Parker and Weber and soon it will also be health fair season and baseball season (my favorite). What I encounter every year around seminar season and health fair season is that one common question or statement that is repeated day in and day […]
Disinheriting your Spouse – Can it be Done in Pennsylvania?
A question that comes up more frequently than one may expect in our practice is: can I disinherit my spouse. The simple answer to that question is No, you cannot just disinherit your spouse but you can sure try… Although technically you cannot disinherit your spouse under Pennsylvania law, you can always try to leave […]