John C. Lackatos, P.C.
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June 2019 Archives

What common mistakes do executors make when distributing assets?

Being named the executor of someone's estate is not a job that should be taken lightly. The executor has the legal responsibility of arranging for the payment of all income and estate taxes, wrap up the affairs of the estate and distribute the assets of the estate. While the executor is most often trying to complete these tasks to the best of their abilities, it is possible that some steps they take open the estate up to increased tax liability or other consequences. Pennsylvania residents may want to be aware of the potential mistakes they could make and consider consulting an experienced attorney for guidance on how to avoid them.

The importance of consent in a stepparent adoption

A wedding signifies the beginning of a new era for a married couple. No marriage is without its ups and downs, but when there are children involved from previous relationships, the new era can be marred with difficulties. One way parents can help ease their children's transition is by providing them with the stability they need to flourish. A stepparent adoption is one way to achieve this.

Common lies told to avoid estate planning

While it is true that thinking about one's estate plan is not fun, not everything in life is fun. To justify the delay in creating an estate plan, people tell themselves lots of lies, such as talking about one's death only makes it more imminent. However, dying without a will can leave loved ones confused on how to handle everything from the good china to the funeral.

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