Legal Basics: What Is a Power of Attorney?

Legal Basics What Is a Power of Attorney

As you get older, you need to make sure that your affairs are in order, and you may have heard that you need to get a power of attorney. Before deciding who you want to be your power of attorney, you need to understand what a power of attorney is and what they can do. […]

Will vs. Living Will: What Are the Primary Differences Between Them?

Will vs. Living Will What Are the Primary Differences Between Them

You have probably heard that it is important to have a will in place before you pass away. That way, you specify exactly what you want to be done with your assets and you make sure that the right people receive their designated inheritance. You have probably also heard that there are multiple types of […]

How to Fix a Required Minimum Distribution Mistake

probate

How to Fix a Required Minimum Distribution Mistake Required minimum distributions are complicated. It’s easy to slip up and make a mistake when trying to understand the rules around required minimum distributions. Luckily, if you do make a mistake, there are steps you can take to remedy the issue and avoid a harsh penalty. What […]

A Modest Social Security Increase for 2021

A Modest Social Security Increase for 2021

Those receiving social security income, approximately 70 million Americans, will be seeing a slight increase in their monthly payments this year. With a 1.3% cost-of-living adjustment (cola), the Social Security Administration has shared that individual recipients will see their monthly benefits going up by about $240 a year.

Estate Planning Essentials for Unmarried Couples in Bucks County, PA

Estate Planning Essentials for Unmarried Couples in Bucks County, PA

Estate Planning Essentials for Unmarried Couples in Bucks County, PA Estate planning helps ensure your financial and personal assets are distributed according to your wishes if you are incapacitated or after your passing. While it’s an important task for everyone, estate planning carries special significance for unmarried couples. In this article, we’ll explain why estate […]

What Is Estate Planning and Why Do I Need It?

What Is Estate Planning and Why Do I Need It

What is Estate Planning? Estate planning is the process of getting your personal and financial affairs in order in the event you become mentally incapacitated or die.  The basic documents of your estate plan will include a last will and testament, a power of attorney and a living will.