Practice Areas
- Medicaid
- Living Trusts
- Estate Administration and Probate
- Asset Protection
- Veterans Benefits
- Special Needs Trust
Blog 
Estate Administration and Probate
- Finding Tips On Estate Planning at the Theatre
- Update on the Status of Federal Estate Tax
- Michael Jackson Estate Makes Land Mark Estate Deal With Sony
- The Governator Says Health Reform Will "Beat Up" California
- When a will isn’t enough
News
- What Next For the Estate Tax?...
Posted on 8/5/2010 - The Growing Rate of Dementia and Alzheimer's...
Posted on 3/9/2010 - Let it snow! Pittsburgh Extends Property Tax Deadline...
Posted on 2/9/2010 - Estate Tax, Medicaid, Social Security Changes Ring In New Year...
Posted on 1/13/2010 - Main beneficiary to Michael Jackson’s estate shakes up her probate team...
Posted on 10/22/2009
Library
Estate Administration and Probate
- When Pennsylvania Estate Recovery Can Take Place By Law
- Joint Bank Accounts - Risks and Benefits
- Guidelines for Gifts and Joint Accounts
- Intestacy Laws Of Pa: Dangers of Not Having a Current Living Will
- Drafting Wills That Protect Clients' Interests: Every situation is different, which is why we select vehicles that meets each client's needs
Drafting Wills That Protect Clients' Interests: Every situation is different, which is why we select vehicles that meets each client's needs
In Pennsylvania, an estate is distributed in accordance with the laws of intestate succession unless the decedent has a Will or a trust. A Will controls property that is owned outright in individual name. It DOES NOT include life insurance proceeds, pension plans, jointly held property, annuities with beneficiaries, or "in trust for" accounts. Those items pass by the beneficiary designation uncless it is invalid, in which case it comes into the estate for distribution under the will.
In addition to disposing of assets, a will also permits an individual to appoint a personal representative to handle the administration of the estate. A Will is also the mechanism by which an individual cna appoint a guardian for minor children.
Proper estate planning should also include a Financial Power of Attorney, and a Healthcare Power of Attorney, as well as Living Will. Trusts may be included in the Will as Testamentary Trusts or may be set up separately and include Revocable "Living Trusts" or an Irrevocable trust.
If you have any questions or would like a free consultation call us toll free at 1 800 879 0984 or send us a message through our website by clicking here and we'll be certain to respond.
Elder Law Offices of Shields and Boris
109 VIP Drive
Suite 200
Wexford, PA 15090
Phone: (724) 934-5044
Toll Free: (800) 879-0984
Get Directions
Elder Law Offices of Shields and Boris
109 VIP Drive
Suite 102
Wexford, PA 15090
Phone: (724) 934-5044
Toll Free: (800) 879-0984
Get Directions
