By Leonard Sciolla, LLP | Published October 10, 2018 | Posted in estate planning | Tagged Tags: domesticated animals, estate planning, pet trust, pets | Comments Off on Provide protections for your pet after your death
Our Offices: Philadelphia, PA Moorestown, NJ West Chester, PA
Provide protections for your pet after your death
You may think you have considered everything when it comes to your estate planning, but if you own any animals, what will happen to them in the event of your death? One option in New Jersey and Pennsylvania is to establish an animal trust. An animal trust in Pennsylvania can be put in place while Read More
Read More
Aretha Franklin Highlights Importance of Wills
Queen of Soul Aretha Franklin died on August 16, 2018 without a will. According to Michigan law, Franklin’s four sons will divide her large estate equally. The AP reports no conflicts have arisen among her family members, but it is expected to take years to establish the value of her estate. Two years after his Read More
Read More
A Case Against Inter Vivos Transfers
Proceed with caution when considering an inter vivos transfer of your home or property to a child or loved one: the consequences can be critical. Some people choose to transfer the title of their home to their child during their life instead of leaving it to their child in a will. The parent then continues Read More
Read More
Estate Planning in the Digital Age
Estate planning has become more complicated in this digital age; there is more than just physical property that needs to be dealt after death. What happens your digital assets after your death can affect your loved ones emotionally as well as financially. Take a moment to think: how many online accounts do you have? It Read More
Read MoreDeath of Prince Brings Wills to the Forefront
The recent death of music legend Prince has brought the topic of wills to the forefront. His sister filed documents stating that Prince did not have a will. Now the court is working to determine how to divide his estimated $300 million estate among his siblings and half-siblings. This situation highlights the importance of writing Read More
Read More
