Estate Planning Classes: What Are They and Why Are They an Important Part of Every Person’s Financial Education?
Do you think your estate is in order? In the past, people thought that estate planning was only something that was meant for the incredibly wealthy. In reality, estate planning is important for everyone. At Yorkway Law Group, we offer estate planning classes and seminars, and we believe they are important for everyone’s financial education. […]
Estate Planning Essentials for Unmarried Couples in Bucks County, PA
Estate Planning Essentials for Unmarried Couples in Bucks County, PA Estate planning helps ensure your financial and personal assets are distributed according to your wishes if you are incapacitated or after your passing. While it’s an important task for everyone, estate planning carries special significance for unmarried couples. In this article, we’ll explain why estate […]
What Is Estate Planning and Why Do I Need It?
What is Estate Planning? Estate planning is the process of getting your personal and financial affairs in order in the event you become mentally incapacitated or die. The basic documents of your estate plan will include a last will and testament, a power of attorney and a living will.
How to Plan Your Funeral
No one likes to imagine their own death, let alone their own funeral But planning for this inevitability can make things much easy for your loved ones during an already stressful time, while ensuring your wishes are carried out.
Estate Planning and Retirement Considerations for Late-in-Life Parents
People are having children later and later in life. Janet Jackson gave birth to a son at 50, while Steve Martin discovered the joys of parenthood at 67 (decades after starring in the movie Parenthood). But becoming a parent later-in-life has its challenges, including certain estate planning and retirement considerations.
The Gifting Season is Here: What to Know Before You Give
We’re thinking a lot these days about gifting, and not just because the holiday shopping season is upon us. Gift giving is an act of kindness, a way to demonstrate our love and affection for people, but it’s also an essential tool in the world of estate planning. What do we mean? Well, you might […]
The Duties of the Executor of a Will
So, you’ve been named the executor of a will. It’s not a job to take lightly. Dealing with wills in Bucks County – or anywhere else – means managing the administration of a person’s estate after they die. And while the amount of time you need to commit to this role can vary, administering even […]
Why You Need to Update Your Estate Planning Documents
Wills and trusts are binding legal documents, but that doesn’t mean they’re written in stone. They can be altered as the circumstances in your life change. In this blog post, we will review why you may need to update your will, living will or trust. 1. Marriage or divorce If you’ve just gotten married, you’ll […]
5 Steps to Help You Plan for Your Future
When you hear the word “retirement,” what do you picture yourself doing? Traveling the world? Catching up on all the books you were too busy to read? Spending time with your children and grandchildren? Those are all fine, noble goals, and we want to see you achieve them. But first, there’s work to be done, […]
Is It Better to Remarry or Just Live Together?
Finding love later in life may be unexpected and exciting, but should it lead to marriage? The considerations are much different for an older couple than for a young couple just starting out. Before making this decision, you should consider consulting your elder law attorney to review your situation, including the following: Estate Planning Getting […]