Everyone has heard the terms “will” and “trust,” but not everyone knows the difference between the two. Both are useful estate planning devices that serve different purposes, and both can work together to create a... Continue Reading
Think your documents are bulletproof? Check again to avoid these common mistake. Why work hard to build wealth only to have your wishes thwarted or your family left with much less than you anticipated? From wills to trusts and... Continue Reading
2014 brought about significant changes to the retirement planning landscape for advisors and clients alike, so that we’ve now ushered in a year that will be full of new planning opportunities—and pitfalls. Whether your client... Continue Reading
If you are worried that disappointed heirs could contest your will or trust after you die, one option is to include a “no-contest clause” in your estate planning documents. A no-contest clause provides that if an heir... Continue Reading
In the trust and estate administration and trust and estate litigation case of In re Guffy, PICS case No. 15-1741 (C.P. Lycoming, Sept. 14, 2015) the Honorable Marc Francis Lovecchio ruled that the trustee/executor mishandled the... Continue Reading