Wyomissing, Pennsylvania Family Law and Estate Planning Blog
How to approach money issues in a blended family
It is generally a good idea to have a money talk with your future spouse before your Pennsylvania wedding takes place. This is especially true if you or your spouse have been married before or have children from previous relationships. Provide as much detail as...
Petitioning to remove an executor in Pennsylvania
When Pennsylvania residents prepare their wills, they normally designate trusted individuals to serve as the executors of their estates. Executors have several important fiduciary duties and must act in the best interests of the' heirs. Unfortunately, some executors...
What business owners should do when accused of fraud in Oklahoma
A former painkiller addict who launched a drug rehabilitation treatment center in Pennsylvania has been arrested and sentenced to three years in prison. He must also pay $9 million to compensate for the money that was stolen through fraud. After pleading guilty to...
What are the different types of estate planning?
While most people living in Pennsylvania think of estate planning as something that should be done in their 60s, many young adults in their 20s and 30s can benefit from having a solid estate plan. In the unlikely event that something catastrophic happens, an estate...
How limited liability companies are viewed by the IRS
When Pennsylvania entrepreneurs start new businesses, choosing an appropriate legal entity structure is important. One type of legal entity structure that is popular among business owners is a limited liability company. An LLC limits the liability of the owners so...
Financial tips for getting through a divorce
Divorce can be stressful in many ways, including financially. People in Pennsylvania who are going through a divorce can do things that will help them reduce some of the financial strain. They may want to hire a financial professional to help them through the process....
How to choose a trustee or executor for an estate plan
One estate planning task that some people in Pennsylvania may struggle with is choosing the right executor or trustee. There are a number of factors that should be taken into account, including the age and health of the individual. Ideally, an executor or trustee...
Balance is key to work life while divorcing
Going through a divorce is among the most stressful experiences a person can endure. It can be extraordinarily taxing emotionally, mentally and financially. According to some evaluative studies, the stress of divorce is second behind the death of a loved one. In...
General duties expected of people named as executors of estates
The death of a family member in Pennsylvania or anywhere else involves grief for the survivors. However, as the executor of the decedent's estate, you are responsible for many administrative details. Larger estates with complex assets can impose significant paperwork...
Approaching the unique financial challenges of a gray divorce
Divorce can bring significant financial and emotional upheaval no matter what the couple's age. However, for an older couple, a "gray" divorce" in Pennsylvania often brings unique financial challenges. In a gray divorce, couples often have more complex assets and less...
