When Should I Update My Will * * Pa Probate Lawyers Attorneys * Chester County Pa * Delaware County Pa * Montgomery County Pa * Open All 7 Days * 610-407-0220 *
An attorney who specializes in Pa Estate Planning can help you create a complete plan to protect your spouse and children if you become unable to manage your financial affairs. Pa Estate Planning allows you to make decisions now so your wishes can be carried out if you die or become incapacitated.
For the average person, all of these documents can seem confusing and a bit overwhelming. Pa Estate Planning attorney John B. Whalen, Jr. Esq. can help you decide which documents you need and how best to plan ahead so that your wishes are carried out.
My father recently died at the age of 94. My niece has been the power of attorney and now the executor of his will. She told me he left all his assets including the proceeds from sale of his property when it sells to St Judes and nothing to me or my sister. He died in Pennsylvania and thats where the will is filed. The house is located in Maryland. I live in Florida.
Be aware that Wills and Probate are extremely tax intensive.
It will begin with Estate Planning
It will continue with the Will’s vital tax clause
It will impact the client’s Asset Titles
It will extend through Probate
It will impact the beneficiaries tax obligations
It may resolve through the Estate Administration
It can extend far beyond the Estate’s conclusion
Extremely likely is the fact that the tax returns required in Pa are
The Pa Inheritance Tax Return
The Federal Estate Tax Return (depending)
The Decedent’s final Federal Income Tax Return
The Decedent’s final Pennsylvania Income Tax Return
The Estate’s Federal Fiduciary Income Tax Return(s)
The Estate’s Pennsylvania Income Tax Return(s)