Month: April 2010

Pennsylvania Estate Planning and the Use of Trusts

What is a trust? A trust is a separate legal entity for holding and investing property.  One or more persons (the “trustee”) holds property, usually real estate or investments, for the benefit of another or several other people (the “beneficiary”).  The person who gives the property for the trust is known as the “donor” or …

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this article discusses how to get durable power of attorney in pennsylvania

Durable Power of Attorney Under Pennsylvania Law

A comprehensive estate plan should include a Power of Attorney.  A Power of Attorney or “POA” is a legal document in which a person appoints another to make decisions and carry out specific duties on behalf of the person.  Pennsylvania authorizes a “Durable” POA which means that the powers given to another are exercisable notwithstanding …

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