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Transferring property to your kids through a deed can have significant tax implications for your estate and your children. For example, gift taxes may apply if the transferred property's value exceeds a certain threshold, and your children may be subject to capital...
Adopting your stepchild makes you their legal parent, and it might help give them a sense of security and family. Adoption is often a complex process, and having a lawyer on your side can help you in several ways. Paperwork Stepchild adoption involves various forms...
Unmarried parents face many of the same challenges as divorcing parents regarding child custody and support. Creating a custody agreement can help you and your ex-partner avoid arguments and stress that can impact your children. You can also develop plans for handling...
There is no straightforward answer, as it depends on the situation and your relationship with your spouse. But you may want to ask yourself, is your spouse up to the challenge? An executor of an estate is responsible for your entire estate when you are gone. They...
A will benefits you and the people you will leave behind. It expedites the distribution of your assets and makes it easier for your loved ones to come to terms with losing you. However, you do not write a will once and then forget about it. In fact, you should...
If you and your spouse are both active members of the United States military, then you likely feel a deal of pride in yourselves and each other. There are certain challenges that can arise when two spouses are both on active duty though, and one of these unique...
Auto accidents can cause different kinds of open wounds depending on the severity of the crash. It is important to receive medical attention as soon as possible, and not just to stop any bleeding you experience. An open wound also exposes your body to dangerous...
Various types of adoptions exist in Pennsylvania for those who want to raise a child. Step-parent adoptions, second-parent adoptions and grandparent adoptions are legal avenues to expand one's family. Before officially beginning the process of adopting your...
A disqualification of a driver's license means you lose all privileges. It can be short or long-term, but if you have a commercial driver's license, it can impact your career. Disqualifications can occur for various driving infractions. Many times, you do not even...
Choosing someone to serve as the executor of your estate is likely a major part of your estate plans. If you are also considering the creation of a trust, you will need a trustee to manage it. You might wonder if an executor and a trustee are one and the same. It is...