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Category Archives: Estate Planning

Pros and Cons of Living Trusts vs. Wills

Every adult, whether wealthy or not, should have a will or a living trust so that they can make clear how they want their estate distributed when they die. There are pros and cons to using a living trust versus a will. If you have a will, it must go through probate when you die…. Read More »

The Importance of Wills and Advance Directives

Your will gives you the chance to specify how your assets will be distributed, and to whom, following your death. But wills aren’t the only important element in a comprehensive estate plan. Advance directives such as living wills and powers of attorney can also give you control over medical and financial decisions during your lifetime… Read More »

Tips for Establishing a Trust as Part of Your Estate Plan

Pennsylvania’s population of adults aged 65 and older has increased significantly over the last 15 years — by nearly 14 percent. As baby boomers become senior citizens, the population of older adults will only grow larger. With more Americans living longer thanks to medical advances, it has also become increasingly important for people to not… Read More »