S corporations and LLCs have much in common. They are both legal entities that are separate from their owners and thus offer limited liability...
Starting a New Business: S Corp or LLC?
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5 Ways to Spring Clean Your Estate Plan
Spring tends to be the time of year when people clear out what’s been sitting untouched for too long. Closets get reorganized, garages get sorted,...
What Happens to Minor Children When Parents Die Without a Will
Losing a parent is a heart-wrenching experience, and the thought of what happens to minor children when their parents die without a will can be a...
A Guide to Preventing or Resolving Family Estate Disputes
Rivalry among siblings. Most families cannot avoid it.
There Is Much More to a Will Than Transferring Assets
A survey conducted by Care.com revealed that 57% of Americans do not have a Last Will and Testament (a “Will”).
Advance Healthcare Directives: Their Importance
There is a wrenching question that demands an answer, especially in the current Covid-19 epidemic: In the event of a life-threatening illness, how far would you be willing to go in order to prolong your survival?
A Brief Overview of Irrevocable and Revocable Trusts
It is common to use revocable and irrevocable trusts in the estate planning process. Each has benefits and drawbacks depending on your goals.
Update Your Estate Plan on a Regular Basis
In addition to checking your estate planning documents every so often, you should also keep them up to date in case of a life-changing event, such as a birth, marriage, divorce, or move to a new state.
It’s Important to Know the Potential Pitfalls of Beneficiary Designations
The idea of leaving your property to your heirs might seem straightforward. You make a will or a trust, you do a transfer-on-death deed for your real estate, you put your kids on your bank account, you designate beneficiaries for your life insurance and retirement accounts, and you’re done.
As Part of Your Will or Trust, Include a Memorandum About Your Personal Property
It is common for family members to argue over a parent’s favorite items after the death of their loved one. Arguments can take place over things like a coffee mug, a piece of jewelry, or a painting.
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About Cherewka Law
We are a law firm in Harrisburg, PA dedicated to providing comprehensive, highly personalized planning services to individuals, couples, families and businesses.
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