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Estate planning mistakes you should avoid

It is a common belief that estate planning in Pennsylvania is something that only the rich and famous can benefit from. However, if you have assets that you want to leave behind to your children or loved ones when you die, an estate plan can help to protect your final wishes and legacy. If you do not take the time to make plans for your estate now, it could end up going through a lengthy probate process. Also, your loved ones may not receive everything you want them to inherit. 

Is your spouse hiding money from you?

Americans find it difficult to talk about money, more than even death, politics or religion. According to one study, more than seven million Americans hide a bank account or credit card from their partners. About 20 percent of people have spent over $500 in secret. This is often called financial infidelity, and it can be detrimental to a relationship or marriage. 

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.

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Greensburg, PA 15601

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