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Category Archives: Estate Planning

SigningWill

What Should I Include in My Living Will?

By Haggerty Hinton & Cosgrove LLP |

Many people confuse living wills with wills, but the two are very different. A will dictates who will take guardianship of your children upon your death and divides your estate. Living wills on the other hand, include directions for your health care in the event that you become incapacitated and cannot make those decisions… Read More »

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EstPlan21

The Do’s and Don’ts of Estate Planning

By Haggerty Hinton & Cosgrove LLP |

Whether you are rich or just comfortable, old or young, you need an estate plan. Even though some people may not think they have an estate, everyone does. That means everyone also needs an estate plan. An estate planning attorney can walk you through the different steps and make sure your estate plan is… Read More »

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Are Handwritten Wills Legal in Pennsylvania?

By Haggerty Hinton & Cosgrove LLP |

A will is an important tool that can assist in planning your estate and administering it after your death. Many people know this and still, they don’t have a will. These individuals often wonder if a handwritten will is considered legal in Pennsylvania. They may want to handwrite a will because they don’t think… Read More »

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EstPlan18

Naming an Executor? Know the Restrictions in Pennsylvania

By Haggerty Hinton & Cosgrove LLP |

When creating a will in Pennsylvania, one of the most important aspects is who you name as your executor. Sometimes, an executor is referred to as a ‘personal representative’. Upon your death, the executor will protect your property until the debts and associated taxes have been paid. Once that has been done, the property… Read More »

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EPlan2

FAQs About Wills in Pennsylvania

By Haggerty Hinton & Cosgrove LLP |

A will tells the Pennsylvania courts who your beneficiaries are, or who you want to receive your assets upon your death. It also resolves personal matters, such as who will get custody of your children if there isn’t another surviving parent and the child is a minor. When considering making a will, many people… Read More »

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EstatePlanning2

Estate Planning and Divorce

By Haggerty Hinton & Cosgrove LLP |

During a divorce, there’s a lot to think about. You have to consider terms such as child custody, child support, and property division. Typically, estate planning is not top of mind for divorcing couples. However, those getting a divorce should put more thought into this than they do. Some portions of an estate plan… Read More »

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Document

Do You Need a Lawyer to Write a Will?

By Haggerty Hinton & Cosgrove LLP |

It’s a question many people have when planning for the future and trying to ensure their affairs are in order. Do you really need a lawyer to write a will? Particularly in Pennsylvania, where even handwritten wills are considered legal? Won’t you save a great deal of money by doing it on your own?… Read More »

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EstPlan4

Understanding Pennsylvania’s Inheritance Tax

By Haggerty Hinton & Cosgrove LLP |

Recently AOL released a story titled “Best states to die in…for taxes,” outlining the states where it is most costly for loved ones left behind when someone passes away. The story focused largely on the inheritance tax, which applies in Pennsylvania as well as five other states. What is this inheritance tax? How much… Read More »

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EstPlan9

Living Wills, Advanced Directives, and Why They’re Important

By Haggerty Hinton & Cosgrove LLP |

When most people think of estate planning, they often think the only thing they need to do is create a will. This is a very important step of estate planning, as it allows someone to retain control over their assets, child custody, and other important factors upon their death. However, wills are not the… Read More »

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EstPlan10

The Basics of Creating a Will in Pennsylvania

By Haggerty Hinton & Cosgrove LLP |

At first glance, writing a will may seem very easy. You know what assets you have, you know who you’d like them to go to after you pass away, and all you have to do is write it down. While this is the most basic way to write a will, the process can become… Read More »

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