On behalf of Bononi & Company, P.C. | Dec 5, 2019 | Estate Administration & Probate
There are many misconceptions when it comes to estate planning. Some people believe they’re too young to even think about putting a will in place, while others believe they are too old or their assets are too insignificant. However, estate planning is essential for...
On behalf of Bononi & Company, P.C. | Oct 2, 2019 | Estate Administration & Probate
Executors generally mean well when it comes to managing estates in Pennsylvania. Even so, they are not immune to making costly mistakes that could reduce the value of the estate or make them financially liable for certain actions taken. This is why it is so important...
On behalf of Bononi & Company, P.C. | Sep 20, 2019 | Estate Administration & Probate
Estate planning is always a good idea, even if people think they are too young for one to be necessary. Individuals in Pennsylvania who prioritize planning for their future have a much better chance of seeing their end-of-life desires become a reality than those who...
On behalf of Bononi & Company, P.C. | Aug 16, 2019 | Estate Administration & Probate
When parents in Pennsylvania have a lot of debt, they may worry about whether or not this will pass on to their children. The short answer is that it depends, but on what? It depends on whether or not the child or anyone else cosigned on the debt. If so, the living...
On behalf of Bononi & Company, P.C. | Apr 29, 2019 | Estate Administration & 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...
On behalf of Bononi & Company, P.C. | Nov 4, 2018 | Estate Administration & Probate
While the worst mistake a person can make is having no estate plan in place at all, many other mistakes will prevent your estate from being administered correctly, or they can even harm your loved ones or cause contention in your family. Along with professional legal...
On behalf of Bononi & Company, P.C. | Oct 14, 2018 | Estate Administration & Probate
People set up estate plans for different reasons. Some people wish to support a cause they strongly believe in by passing down assets, while others want to ensure that their marital partner will have the financial resources they need should they become widowed....
On behalf of Bononi & Company, P.C. | Oct 5, 2018 | Estate Administration & Probate
The end of a marriage can have an impact on an entire family in many ways. For example, in-laws may no longer see their loved one’s former spouse and kids may spend less time with one of their parents. There are other ways in which filing for a divorce can...
On behalf of Bononi & Company, P.C. | May 2, 2018 | Estate Administration & Probate
People in Pennsylvania who have been appointed executor of an estate might wonder what their duties are. The job of an executor is to locate the will and any other relevant estate planning documents, locate and protect assets, pay creditors and taxes, and distribute...
On behalf of Bononi & Company, P.C. | Apr 3, 2018 | Estate Administration & Probate
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. In general, surviving family...
