Every year, as tax season comes to a close, families in Media, Pennsylvania, often uncover gaps in their estate planning they hadn’t previously considered. Gibson & Perkins, PC helps clients understand that reviewing estate documents after taxes is not just about numbers—it’s about ensuring that wills, trusts, and beneficiary designations accurately reflect current family circumstances […]
Category Archives: Estate
Gibson & Perkins, PC frequently encounters families in Media, Pennsylvania who realize after winter that their estate planning documents are outdated. Busy schedules, life transitions, and unawareness about legal changes mean that wills, trusts, and powers of attorney may not reflect current circumstances. Reviewing these documents ensures that your assets, guardianship choices, and healthcare decisions […]
As tax season 2026 approaches, it’s important for families to stay ahead by understanding not only the important deadlines but also the estate planning strategies that can safeguard their future. Proactive tax and estate planning can not only save money but also ensure that assets are protected and passed on to loved ones without complications. […]
Estate planning is one of the most responsible and loving acts couples can undertake to protect their family’s future. While it may not be the most romantic topic, the importance of planning ahead to secure your assets, healthcare decisions, and children’s guardianship cannot be overstated. By creating an estate plan together, you and your partner […]
As we approach 2026, significant updates to the federal estate tax are set to impact families in both Pennsylvania and New Jersey. These changes could lead to larger tax liabilities for estates exceeding certain thresholds. Understanding these updates and the strategies available to mitigate the tax burden will be critical in protecting your family’s wealth. […]
The new year represents a fresh start—a time when people reflect on their lives, set new goals, and work toward a better version of themselves. While many focus on personal fitness goals, financial resolutions, or career changes, one crucial area that often gets overlooked is estate planning. Reviewing and updating your will and beneficiaries is […]
As the New Year arrives, many of us reflect on the changes we want to make in our lives—whether it’s getting healthier, focusing on career goals, or spending more time with loved ones. However, one of the most important resolutions for 2025 might not be on your list yet, but it should be: ensuring the […]
As the year comes to a close, many individuals with significant estates face a crucial opportunity: reducing their estate tax liability. Gifting strategies before the year ends can significantly lower the taxable value of an estate, ensuring that more of your wealth passes to your heirs rather than to the government. By strategically gifting assets […]
When you begin to plan your estate in Pennsylvania, you might be faced with the question: can you disinherit a family member? The answer is, yes, you can legally disinherit a family member, but the process involves specific rules that must be followed for it to be valid and enforceable. Whether you are considering disinheriting […]