Estate planning in advance can help to prevent later problems and complications for Pennsylvania residents after they pass away. The death of a loved one can, all too frequently, be accompanied by bitter struggles over the estate. By developing wills, trusts and other documents earlier in their life, people can help to make sure that their assets will be passed on in a way that reflects their wishes. When there is no will left behind, people can be left to debate the disposition of an estate. Resolving these complexities can be particularly important in families where ongoing disputes over money, businesses or other issues are a factor.
Divorce is complicated for older couples
Pennsylvania residents might be interested in learning some interesting trends in divorce statistics. While the overall divorce rate has slightly declined in recent years, the rate of divorce amongst those over the age of 50 continues to rise. As young adults, baby boomers created the highest divorce rates in history, and they have continued the trend as they age.
Housework struggles can lead to divorce
For many couples in Pennsylvania who decide to divorce, the end of the marriage was preceded by a longer period of growing apart or fighting. One common area of relationship stress can be disagreements over household chores. Couples may have different opinions about the level of cleanliness that should be kept, or one may do much more household labor than the other.
Handling debts after someone dies
How a deceased spouse's debt will be handled in Pennsylvania will depend on several things. It is important for people to understand how this works may be handled so that they might protect their family members after they pass away.
A forensic accountant can track down hidden assets
The higher your net worth and the more assets you have, the more likely it is that some marital assets are not out on the table prior to the property division phase of your divorce.
