Recently, I have been helping an Executrix settle her uncle’s estate. She was his “favorite niece” and his Will provided that she would receive his entire residuary estate. The Will also provided that any inheritance taxes to paid as a Read More …
Tag: wills
Spousal Election Against the Will
An issue has come up in my practice recently involving a spouse’s election against her husband’s will. I prepared the will, which named his three children by previous marriage and second wife as co-equal beneficiaries. In addition, the will permitted Read More …
Powers of Attorney
Powers of attorney can be an especially tricky legal documents. They are subject to profound financial abuse if the agent selected by the principal to handle his or her financial affairs proves to be incompetent or unscrupulous. Accordingly, even though by Read More …
Premarital Agreements
For those individuals who are looking to remarry or to marry for the first time and have a substantially higher net worth and earning capacity than his or her prospective spouse it is imperative that a premarital agreement be entered Read More …
Estate Administration Guidance
If you are the named Executor under a will this is intended to give you guidance on what you should expect to occur during the estate administration process. Initially, you will need to obtain a death certificate from the funeral Read More …
Checklist for Preparing a Will, Power of Attorney and Living Will
Before meeting with a lawyer (and I do strongly recommend using a lawyer) about your will, power of attorney and living will a/k/a advance health care directive, there a number of things to think about. With respect to a will, Read More …
Estate Planning Considerations
Most of my clients in Lancaster, Pennsylvania who desire an effective estate plan can achieve their goals with well-crafted wills, powers of attorneys and advance health directives. There is no advantage to having a living trust from an inheritance tax Read More …
Wills, Powers of Attorney & Advance Care Health Directives
Most people do not have wills, powers of attorney and advance health directives. This can create unintended consequences in a variety of ways. For example, if a person who is married and has children should die his or her spouse Read More …