by Joanne Parulis | Dec 15, 2020 | Elder Law, Estates, Uncategorized
After a person passes away, there are several items that need to be addressed. First is whether or not the decedent (the fancy legal word for the person that passed away) even has an estate. If you die owning anything individually, you have an estate. The keyword is...
by Joanne Parulis | Nov 30, 2020 | Elder Law, Estates
by Attorney Ashley Securda Many times I hear the word “estate” being discussed in the wrong context. To further complicate matters, the word “estate” is used in several different ways in the legal profession. Generally, an “estate” is defined as the assets an...
by Joanne Parulis | Mar 4, 2020 | Estates
By Attorney James E. Crossen, III At Williamson, Friedberg & Jones, LLC, we assist individuals with respect to estate planning. One of the most important documents a person should have as part of an estate plan is a Power-of-Attorney form. What is a...
by Joanne Parulis | Jan 29, 2020 | Estates, Uncategorized
by Attorney J.T. Herber, III A Will is a legal document that outlines how you would like your assets (estate) distributed when you die. It names who you would like to administer your estate. Wills have several important purposes, including: 1. Deciding the ownership...
by Joanne Parulis | Jan 22, 2020 | Estates
by Attorney Ashley Securda Previously, when a parent passed away and if the child inherited anything from the parent, the child had to pay 4.5% on the value of the asset for Pennsylvania Inheritance Tax. For example, if a parent died with $100,000.00 in a bank...
by Joanne Parulis | Dec 13, 2019 | Elder Law, Estates
by Attorney Ashley Securda Generally, start to finish, I advise my clients that the estate administration process takes about a year to complete. This is for several reasons. First, it takes a couple of weeks for the Executor/Executrix to gather all of the assets and...