Many people may not realize this, but Pennsylvania has stricter firearms laws than much of the country. In fact, it has been ranked the 10th toughest state with regards to gun laws. Gun laws vary from state to state, which is why it is important to know where one stands when they enter Pennsylvania.
Preserving one's legacy and ensuring their assets are distributed in the manner they want are often the driving force for Pennsylvania residents to draft wills. Having completed the task, they most likely don't give it another thought, and very likely do not utilize other estate planning tools. What many fail to realize is that their will might get tangled in probate for a long time, tying up the estate and resulting in legal fees. It is possible, however, to protect loved ones from probate, if proper estate planning is carried out.
Today's college students are no different from those who went before them. They still experience similar stresses regarding academic performance, social engagement and integration, and more.
While creating a last will and testament is an important estate planning step, it is not the only one Pennsylvania residents should be taking. Unfortunately, not many people realize there are a number of tools available to distribute one's assets to loved ones, and it is possible to tailor them to one's unique situation.