In most cases, it's best for the kids of divorced parents to have healthy relationships with both. However, there are times when the custodial parent may be reluctant to send their child along for court-ordered visits, especially when safety is a concern. Very Well Family explains when it's acceptable to keep your kids from court-mandated visits and what to do if you feel this is in the best interest of your child.
Is gifting a good alternative to probate?
Some people in Westmoreland County will try various means to avoid sending their estate through probate. One way is to simply give your beneficiaries the assets and property you want them to have before you die. It seems simple enough, but like any legal matter concerning your estate, you need to consider the pros and cons of going through with giving away your Pennsylvania property in the forms of gifts.
Pennsylvania inheritance tax vs. estate tax
Estate planning is critical for anyone who has Pennsylvania assets, from banking and retirement accounts to cars, jewelry and other tangible items. If you do not have a will, the state divides the assets, which may not be according to your wishes. At Bononi & Company, P.C., our team of experienced attorneys often assists clients in opening an estate and other legal issues.
Problems to avoid during a high asset divorce
Any time a couple moves forward with the end of their marriage, tough challenges may be waiting. This is especially true in some instances, however, such as divorces involving those with a high net worth. If you are preparing for a high asset divorce, it is critical to be aware of some of the difficulties you may run into and some of the problems you should try to avoid. The way in which your divorce is handled could have a significant impact on your future, not only in terms of your finances but your emotions as well.
