The decision to place loved ones in a nursing home is rarely easy. It’s a process filled with emotions, concerns, and a desire to help ensure their well-being. Thankfully, quality nursing homes can offer exceptional care and a supportive environment for seniors requiring more assistance than what they can receive at home. By approaching this decision with planning and thoughtful research, you can find the perfect fit for your aging parents. A good strategy involves understand your parent’s needs clearly. This includes their physical health, daily living activity needs, and any cognitive challe ..read more

People who have amassed considerable assets and those who have small businesses need to ensure they have an estate plan that accurately and legally relays their wishes regarding these concerns. With that said, creating a comprehensive estate plan is often a complex undertaking in these cases. As such, if you are in a position wherein you need to plan for high-value assets or a business during your estate planning process, it’s important to devote necessary time and resources to safeguarding your needs effectively. It may not be a straightforward process, but it is a worthwhile one. End-of-life ..read more

The lack of estate planning is a major issue in the United States. The majority of people don’t have an estate plan in place right now. It is true that people do tend to make these plans more often as they get older, but it’s also clear that many people are likely to pass away intestate, which is when they don’t have a will or an estate plan. This causes all sorts of problems for the family, such as losing additional money to taxes or having to deal with estate disputes. So what are some of the reasons why people take this risk and don’t make an estate plan? They don’t know how to get started ..read more

If you are injured while performing your work duties, be it typing or installing a roof, your medical treatment and wage loss should be covered by workers’ compensation. But does your employer have this insurance coverage? Here is what to know: 1 or more employees If an employer has one or more workers in Pennsylvania, whether part-time or full-time, including family members, they must have workers’ compensation insurance. Thus, it’s highly unlikely that your employer lacks workers’ compensation insurance coverage. It is a criminal misdemeanor to fail to have workers’ comp insurance, and a fel ..read more

Family businesses are the backbone of many communities, fostering a unique sense of legacy and shared purpose. But passing the torch to the next generation can be a bumpy ride in these scenarios. Ownership disputes, unclear expectations and a lack of preparedness may all lead to a decline in a company’s health, or worse, its demise. This is where a well-crafted estate plan can serve as a game-changer. Planning for the future, today An estate plan can extend far beyond simply outlining how your personal assets will be distributed. It can also be a roadmap for the smooth transition of the owners ..read more

Medicaid planning is a crucial part of financial management that sometimes gets overlooked until it’s too late. Medicaid planning involves strategically organizing assets and income to qualify for Medicaid benefits while (when applicable) preserving wealth for future generations. It’s a proactive approach to managing finances, especially for long-term care needs, without depleting life savings on healthcare expenses. Understanding the benefits of Medicaid planning can help individuals prioritize this significant component to help ensure their financial well-being and provide peace of mind for ..read more

Workplace accidents are not uncommon and, tragically, some can even lead to death. If you are hurt at work or while advancing your employer’s interests, you may be entitled to financial restitution through a workers’ compensation claim.  To bring a successful workers’ claim, however, you need to understand your rights and obligations immediately following the incident. Here are three important steps you need to take if you are hurt at work: Report the incident Most workplaces have procedures for reporting work-related incidents, whether they result in injuries or not. It’s important that ..read more

Estate planning is a critical element of financial management that often gets overlooked until later in life. However, the earlier you start planning, the better prepared you can be to protect your assets and better ensure that your wishes are honored. Planning your estate involves creating a roadmap for distributing your assets, detailing your medical preferences in the event of capacity, appointing guardians for minor children and on and on. While a will is a foundation of estate planning, it’s not the only tool at your disposal. Trusts offer unique advantages that can complement your will a ..read more

Estate planning gives people the opportunity to take care of their loved ones and address resources that have either financial or personal value in advance of their incapacitation or death. The decision to leave certain assets to family members, for example, can help families continue valuable traditions and can provide an emotional touchstone for those who have recently lost a loved one. People in unusual circumstances may have different estate planning needs when compared with the general public. When the person planning their estate or updating their estate planning documents is a business ..read more

When workers suffer injuries on the job, they need to report those injuries to their boss, supervisor or manager. The company can then move forward with the process, especially if the worker is injured and needs workers’ comp benefits for things like medical bills or lost wages. But delaying this report can put the entire claim in jeopardy. It’s important for employees to know that they have to make a report within 120 days of when they know or should have known of a work injury – at most. Ideally notice should be given immediately, or within 21 days. But if they get all the way to 120 days af ..read more