estate Planning FAQs

Estate Planning FAQ’s

Jennifer Walker Estate Planning, Medical Directives, Power of Attorney, Trusts, West Chester PA Estate Planning

Many people have some VERY wrong ideas about estate planning. And that’s understandable if you get your information from sources that, while well intentioned, may be simply repeating hearsay. These sources can usually include friends, neighbors, relatives, television, articles and, yes, even the internet. (I read it on the internet so it must be true, right?) Here are some of …

couple on beach

Estate Planning and Cohabitation

Jennifer Walker Estate Planning, Trusts, West Chester PA Estate Planning

While most Americans who live with a significant other are still getting married, many are choosing not to. For wealthy single people it often makes sense not to get married as marriage would result in a higher tax burden. Others simply do not see a need to get married. The Wills, Trusts & Estates Prof Blog recently published an article …

What’s a Durable Power of Attorney?

Jennifer Walker Estate Law, Estate Planning, Power of Attorney, West Chester PA Estate Planning

A durable power of attorney (POA) enables you to appoint an “agent,” such as a trusted relative or friend, to handle specific health, legal and financial responsibilities. There are two types of power of attorney: POA for healthcare: Gives a designated person the authority to make health care decisions on behalf of the person. POA for finances (and other matters): …

Did a New York Woman Scam Her Own Daughter’s Inheritance?

Jennifer Walker Estate Law, Estate Planning, Trusts, West Chester PA Estate Planning, Wills

Vanessa Nieves was a minor when her father was shot and killed in a Florida robbery in 2006. A trust was created for Nieves to hold insurance proceeds until she turned 18. However, five years later, Nieves’ mother presented her with some paperwork that Nieves signed. She now claims her mother told her the paperwork would merely change the terms …