Tangled Title: What Is It and How To Avoid It

Across Pennsylvania, there are thousands of properties that have a ‘tangled title’ where the person living in the home does not actually own the home. It’s a pervasive problem, particularly in urban areas. The sooner it is identified and fixed, the better. When there is tangled title, mortgages can’t be refinanced. Repair grants,...

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Protect Your Assets

One of the top questions I get is, “How do I protect the inheritance I’m going to leave to my heirs or loved ones?” It’s a great question because it shows you’re thinking beyond just fundamental or basic estate planning. Instead, you are thinking about a legacy plan. With a legacy plan, asset protection...
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50/50

 

As an estate planning attorney, I hear about some of the craziest, outrageous estate planning matters gone awry. But those types of cases are outliers, and although they’re interesting, they’re uncommon. It’s the typical case gone wrong that really causes problems for more families.

For instance, in one relatively straightforward...

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Beware of Using Joint Accounts With Children

Joint Accounts with Children: Convenient, But Dangerous

By Jeremy A. Wechsler, Esq.

Your Estate Planning & Asset Protection Attorney 

Many people believe that joint accounts are a good way to avoid probate and transfer money to loved ones, particularly for single or widowed clients.  But while joint accounts can be...

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Three BIG Estate Planning Mistakes

 

Sure, there are more than three common estate planning mistakes. But we thought we'd highlight three of them in this week's blog.   1.Your plan does not match your needs: Why do we see clients with relatively simple needs come to us with large revocable living trusts? Or clients with...
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Asset Protection For Your Heirs

The question is, when you engage in estate planning, are you thinking carefully enough about protecting the inheritance you'll be leaving to your heirs?

If you leave your assets outright in a will to a beneficiary, the asset is owned by the beneficiary upon death. That means that the beneficiary can spend...

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Five Ideas To Improve Your Estate Plan Now

Use Trusts Instead of Outright Distributions: An outright distribution offers no protection to your loved ones and you have no control to ensure the inheritance stays in your bloodlines. Asset protection is crucial if you want your estate plan to work through the years and perhaps generations to come. Asset protection is important...
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