Author name: Peak Legal Group

What Are Considered High-Risk Occupations? High-risk occupations are careers with a high risk of getting into adverse legal issues that expose their assets for various reasons. Examples are lawyers, manufacturers, contractors, and medical professionals based on the nature of their businesses or work. If you work in these positions, estate planning is crucial to protect […]

Special Needs Planning – What is it? Individuals with physical or mental disabilities typically have special needs. Special needs planning is a legal process to ensure loved ones with disabilities have the resources they need in the future. Disabilities may be diagnosed at birth, or they may be caused by illness or injury at any

What Are the Goals of Estate Planning? An estate plan is a way to prepare for uncertain future events, including disability, incapacity, and death. The goals of estate planning include protecting assets, designating beneficiaries, directing the distribution of assets, naming guardians for living dependents, preparing for incapacity or disability, avoiding probate, and minimizing estate taxes.

What Happens to Your Property and Assets in a Pennsylvania Divorce? One of the most challenging aspects of divorce is dividing property and assets with a soon-to-be-ex-spouse. Property division between the spouses can be a contentious and complex matter, particularly in a high-asset divorce or when a business is involved. In a divorce or annulment,

What Is Alternative Dispute Resolution? Alternative dispute resolution (ADR) refers to methods of resolving disputes without litigation. It involves conflict resolution that occurs outside of government authority. ADR enables parties involved in disputes to find solutions to their conflicts without traditional court proceedings. Mediation and arbitration are two of the most common alternative dispute resolution

What Is Involved in Estate Planning? Estate planning is constructing a plan that determines how your estate will be handled in the event of your death or incapacitation. This process typically includes the distribution of assets to heirs, settlement of estate taxes, and funeral and burial arrangements. A good estate plan should designate who will