As an accomplished Media Trust Lawyer, I get questions all the time from clients about what is estate planning. Well, when people think about estate planning I think they first think about property being disposed of during a last will and testament. Actually, it also should focus on disposition of property that’s not disposable under […]
Category Archives: Trusts & Estates
As an experienced Media Estate Planning Attorney I am often asked about the durable power of attorney. A durable power of attorney is a special power of attorney, healthcare power of attorney or general power of attorney that has a durability provision. What this means is the power of attorney will stay active and in […]
This legal question was provided by Avvo.com. You can view the original question here. Question: If a will has not been properly updated, e.g. a beneficiary has become deceased, how would these assets be redistributed? Answer: If an alternate beneficiary was named in the will, the assets would be distributed to that alternate beneficiary. If […]
This legal question was provided by Avvo.com. You can view the original question here. Question: Do I have to pay inheritance taxes on a bank account my father left me? My father left me five thousand dollars in an account, my brothers were left the family home, does my money have to be included with […]
This legal question was provided by Avvo.com. You can view the original question here. Question: How would a beneficiary named in a Will go about verifying what in fact was willed to them? Also, does the beneficiary/ beneficiaries have the right to see the Will, and is it procedural that a Will is read with […]
As an experienced Delaware County Estate Planning Attorney, I am often asked by clients about how a Will is contested. The process is controlled in Pennsylvania by the Orphan’s Court. That is a separate court that deals with Wills, trusts, and guardianships that involve disposition of assets. If you believe the Will has not been executed in […]
As an experienced Delaware County Estate Planning Lawyer I recommend that people have a will because it allows them to name who they want to inherit their assets on their death. It’s also important to name guardians of your children and who you want to serve as your executor to handle your estate. Do you […]
Estate Planning Ethics Webinar Scheduled for February 18 Firm Partner, Edward L. Perkins, is going to be presenting his Webinar “Ethical Concerns in Estate Planning and Administration” on Thursday, February 18, 2016. The course will be offered for two (2) hours of Ethics CLE in PA, NJ, DE, NY, CA / or CPE credit in […]
This continuing professional education program, developed with CPAs in mind (and published by the American Institute of Certified Public Accountants), provides firm partner Edward L. Perkins’ thoughts on the preparation of IRS form 1041. Click Here to Access the Course Materials (Right click the above link and select ‘save as’ to download for future reference.)