Woman reviewing her estate plan with attorney

What to Include in Your Advance Health Care Directives

We all have the right to determine what type of health care we want to receive or not receive. Sometimes, however, due to injury, illness, or simply the aging process, we run the risk of our healthcare wishes not being honored because we have not adequately communicated them and memorialized them in...

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Shareholders sitting in on a meeting

How Often Should Corporate Shareholders Meet?

How often do shareholders need to meet? This is among one of the most commonly asked questions from new business owners. The truth is, it depends, but it is typical for a corporation to hold several required formal meetings annually. The shareholders meeting is where corporation shareholders gather to not only discuss...

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Business law attorney meeting with clients

Why Plan for Business Succession?

Planning for core changes among a business’s key players is essential to help ensure its longevity. A business is not often placed in such a strong cone of uncertainty as when business leadership is up in the air. To calm the rough waters that can be in place when a business’s leadership...

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Estate planning attorneys reviewing documents

Leaving Money to Heirs with Spending Problems

Most of us know someone with spending problems. Money management issues can come from being financially immature. It can come from being in an unhealthy relationship where they have little to no say in their finances. There may be an addiction issue at play. Regardless of the reason, struggling with spending problems...

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Business associates sitting together in a meeting

Considerations in Drafting Incentive Compensation Plans

An incentive compensation plan can be a great motivator for your employees. In fact, with the right plan in place, you can effectively encourage those desirable behaviors in your employees and fairly awards them recognition for their contributions. In order to not only help ensure that your incentive compensation plan is effective,...

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Business associates going over documents

What to Include in Your LLC Operating Agreement

While an LLC operating agreement is not always required in some states, it is still a good idea to put one in place. After all, such an agreement will establish the guidelines for the management and operation of the LLC. Setting down the details of your LLC operations can be critical in...

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Man working on his estate plan

What Happens When a Person Dies Without a Will?

Dying without a will is referred to as dying “intestate.” As such, a state’s intestacy laws will apply in the event that a person dies without a valid will in place. Pennsylvania’s intestate succession laws come into play to direct where a deceased person’s assets should go in the event that...

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Estate planning attorney discussing guardianship with client

Guardianships in Pennsylvania

At some point, a loved one may become incapacitated due to injury, illness, or simply old age. Regardless, it could leave them unable to make critical medical or financial decisions for themselves. Without a legally designated decision-maker, their well-being could be put in serious jeopardy. In such a situation, a Pennsylvania guardianship...

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Couple going over will with estate planning attorney

What to Know About Will Contests

In the event that a decedent has a valid will in place, the will proceeds through the probate process and, eventually, the assets of the estate are distributed to the beneficiaries according to the terms of the will. Sometimes, however, the validity of a will is questioned. In this case, a person...

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