Sometimes, people don’t have family members. Other times, they have family members who don’t need assets from them in the future or who they don’t feel deserve an inheritance. Passing on your estate to the parties you select is up to you. If you don’t want to pass it...
The estate planning process can be daunting for many people. Sometimes, individuals are reluctant to reach out to family members for discussion because they do not want to cause upset. At the same time, there may be hesitancy to talk to professionals because of a lack...
Many people are of the opinion that estate planning applies only to others. For instance, traditionally, estate planning may have been utilized mainly by wealthier people or individuals who have reached a certain age. In reality, an estate plan can be useful for...
Like many people in the York area, you probably donated money to one or more charities toward the end of 2021. Besides serving a favorite cause and making you feel good, charitable gifts can benefit your income taxes (if they are large enough). Along with these...
There is one guarantee in life that everyone must deal with: we will all die someday. Unfortunately, too many people die without a proper estate plan that outlines what they would wish to happen to their estate when they are no longer around to make important...
One of the key things an estate plan can do is provide guideposts for health care if you get ill. This typically applies to people as they age, but it also means being ready for unexpected health issues while you’re young. There are two main elements to health care...
You have given quite a lot of thought to your estate planning. One of the options that you are considering for your heirs is an incentive trust. Should you give the green light to your estate planning professional to proceed with the trust, or select an alternative?...
Despite our universal mortality, we frequently do not think about death and appropriately plan for it. Having an estate plan can help your loved ones understand your wishes should you die or be left incapable of making your wishes known. You can set out how you would...
If you’re starting to work on your estate plan and want to create a will or trust, now is a good time to talk to your attorney. An attorney can help you put together a plan that will protect your assets and your future as you age. And, naturally, your estate plans...
Creating a will requires careful thought and planning. After all, there are a lot of decisions you must make. You have to consider how you want your property to be managed, how to distribute your hard-earned assets and who shall inherit that property. However, these...