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April 2017 Archives

Handling a decedent's social media accounts

When Pennsylvania residents die, their executors or administrators may want to know more about the best way to handle their social media accounts. Although the fate of a social media handle may seem to be a trivial thing at a time when there may be so many major issues to address, the timely resolution of a loved one's account may ultimately be in the best interests of all concerned.

The importance of wills

Most people living in Pennsylvania understand the importance of providing for their families after they die. While legal experts generally agree that the most important thing people can do to ensure that their affairs are settled quickly, inexpensively and appropriately after they pass on is to create a will, many people simply don't ever bother to write one.

How to approach a separation

For some Pennsylvania couples who are struggling with their marriages, a formal separation can help them determine if they should try to reconcile or get a divorce. Separation involves two married people living in different places, and it's important that individuals treat their finances as separate as well. This will help them protect themselves as well as help them begin to get used to living on one income if they end up divorcing.

Can a forensic accountant help in your plans for divorce?

If you are about to dissolve your marriage, you are facing a number of concerns, one of which may be the suspicion that your spouse may be hiding assets. You think there may be secret bank or investment accounts, safe deposit boxes in the name of your spouse only or perhaps funds held offshore. Fortunately, catching up with financial missteps is not difficult, as your attorney will tell you, and one of your options is to hire a forensic accountant.

Selecting executors and guardians

When Pennsylvania residents begin the estate planning process, they may be surprised at the number of issues that need to be determined. In addition to ensuring that their assets are distributed in accordance with their wishes, other concerns, such as child guardianship, end-of-life planning, and who will serve as the executor are also on the table.

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