"Simple, right?" Actually, matters surrounding inheritances to adult children are often light years away from being simple. Which makes that comment stated by professional money manager David Foster in a recent estate planning article decidedly tongue-in-cheek. Foster...
Wills
Recipe for estate planning success: prepare, review and update
Commentators on estate planning often note that a wide swath of the general public feels a bit challenged - and even intimidated - by the subject matter and linked process.Many people think planning is only for notably wealthy individuals and families. Some would-be...
Could you craft a sound estate plan with $216 billion to work with?
Pennsylvania estate planners might understandably do a double take when hearing a noted financial expert say, “Don’t end up like the Vanderbilts.” After all, that family is linked perhaps more than any other with astronomical wealth....
Estate planning starts and stalls: What drives procrastination?
T. Eric Reich unquestionably commands some chops when it comes to offering knowledge and advice concerning personal finances and linked planning. Reich owns an asset management company and writes weekly on financial matters via the online Reich Report.Here is a point...
Estate planning myths: persistent and far from true
Experienced and empathetic attorneys recurrently discuss the essentials surrounding estate planning with individuals and families at the would-be stage of crafting personal strategies.And they frequently work around this hurdle, as noted in a recent Forbes article:...
Preparing your business for success well into the future
The hard work of an owner that is inherent in running a company is mostly apparent at the entrepreneurial and inception stage, right? That is when business acumen merges with sweat equity to forge and guide a commercial creation and steer it to ongoing success.That is...
How-to estate planning during notably uncertain times
“There may be some things out of your control right now, but your estate plan isn’t one of them.”That is a sentiment candidly conveyed in a recent Kiplinger article, and one we solidly agree with at the established Southampton estate planning law...
Timely family involvement in estate planning
If you’re a would-be Pennsylvania estate planner who has thus far procrastinated on crafting a tailored and well-executed strategy, the reason for your successive starts and stalls might well reside with your family.It’s a complex unit, right? Most...
Effective estate planning: no time like the present
Procrastination rears its head.It often does in the realm of estate planning, which is an important legal sphere that many people deemphasize until pressing matters are upon them. The reasons why legions of individuals and families delay crafting a tailored planning...