As you enter into your divorce proceedings in Wyomissing, you may already be planning on being rewarded alimony due to your ex-spouse being in a better financial position than you are. Many that we here at Huckabee Weiler & Levengood, P.C. have the same expectation, yet are later disappointed to learn that simply not making as much money as their ex-spouse does not automatically qualify one for alimony. Spousal support is not meant to punish one for being more economically advantaged than their ex-spouse; rather, it is intended to only be a temporary source of assistance until one side of a divorced couple can enjoy the same standard of living achieved during the marriage.
Most aging individuals in Berks County and across the country would ideally like to spend their latter years living independently or together with their loved ones.
Setting up a living trust is one way to make sure your children or your other intended heirs receive their inheritance. However, some Pennsylvania residents still opt for a traditional last will and testament. If you find yourself debating this choice, TheStreet explains four key differences between trusts and wills. Seeing how wills and trusts can meet your particular needs can help you make an informed choice.