Hey Philadelphia, do you have a Will?
Do you know how your property will be distributed to your loved ones? If you don’t have a will, the Commonwealth of Pennsylvania will be more than happy to handle it for you. If this is not how you wish the fate of your estate to executed, the creation of a will is the sole way for your wishes to be carried out . Often, this means that your spouse will receive half of the estate and any children will each receive an equal share of the remaining half of the estate. In cases where there are no children, a spouse will generally receive 100 percent of the estate, if there is no will.
Should you have other thoughts regarding distributing inheritance, you will require an estate plan. The professionals at Giribaldi & Manaras, P.C. have extensive experience in creating and administering all documents associated with estate planning and wills. Call us today to schedule an appointment.