In the state of Pennsylvania, the rules of inheritance can be complex and can depend on a variety of factors, such as whether or not you have a valid will in place, the nature of your assets, and the relationships of your surviving family members. However, it is not accurate to say that a spouse … [Read more...] about Does a Spouse Inherit Everything when you Die in the State of Pennsylvania?
Top 10 “Elder Law” Planning Mistakes
Failure to Plan – When someone passes away, the decedent’s planning and assets are captured in a “snapshot” that govern asset transfers and other events. With a proper plan, a person’s funeral, burial, transfer of assets, and post-death protections are executed consistent with their wishes. … [Read more...] about Top 10 “Elder Law” Planning Mistakes
Donor Advised Funds v. Private Foundation
Benefits of Charitable Giving In addition to giving back to the community, teaching a family good values, and feeling good about oneself, charitable giving has considerable tax benefits. Charitable contributions can reduce the tax burden at the end of the year. A gift to a qualified … [Read more...] about Donor Advised Funds v. Private Foundation
Medicaid 101 – Medicaid Pre-Planning: Protecting a Loved One Before They Need a Nursing Home
Posted By: Ken Russell | July 25th, 2019 In medicine, the saying goes, “an ounce of prevention is worth a pound of cure.” The same holds true for Medicaid Pre-Planning in order to protect your or a loved one’s assets from the devastating costs of nursing home care. As stated earlier in our … [Read more...] about Medicaid 101 – Medicaid Pre-Planning: Protecting a Loved One Before They Need a Nursing Home
Ken Russell Quoted In Barron’s Article: “Power-of-Attorney Abuse Can Drain Your Retirement Savings. Choose One Wisely.”
Posted By: Ken Russell | December 14th, 2020 Russell Law’s Ken Russell, Esq., was quoted in Barron’s November 15, 2020 Retirement Feature, “Power-of-Attorney Abuse Can Drain Your Retirement Savings. Choose One Wisely.” Durable power of attorney is one of the most important and useful documents … [Read more...] about Ken Russell Quoted In Barron’s Article: “Power-of-Attorney Abuse Can Drain Your Retirement Savings. Choose One Wisely.”
2020 Year in Review
Posted By: Ken Russell | February 27th, 2021 ESTATE PLANNING In the year of the Pandemic, Russell Law's Trusts & Estate Department combined mission with expertise, created new methods of service and took care of our friends, clients and even strangers in a time of uncertainty and need. In … [Read more...] about 2020 Year in Review
