Joseph J. Kenneff Reviews out of 9 reviews
The Importance of Having a Will
Aug 28, 2024

It's the document everyone will absolutely need at some point.

A valid and legal will is the one document that everyone is guaranteed to need at some point!

Having a will drafted in Pennsylvania is vitally important for several reasons, including:


1. Control Over Asset Distribution: A will allows you to specify how your assets and property will be distributed after your death. Without a will, Pennsylvania's intestacy laws will determine who inherits your property, which may not align with your wishes.


2. Appointment of Guardians and Trustees: If you have minor children, a will allows you to name a guardian to take care of them if you pass away and a trustee to handle their inheritance. Without a will, the court will decide who will take care of your children or manages their inheritance, which may not be your preferred choice.


3. Executor Appointment: A will enables you to appoint an executor, who will be responsible for managing your estate, paying off debts, and ensuring that your assets are distributed according to your wishes. Without a will, the court will appoint an executor, who may not be someone you trust.


4. Minimizing Family Disputes: Far too often, families are torn apart after the death of a loved one. Clearly stating your wishes in a will can help prevent disputes among family members over your estate. Without a will, the lack of clarity may lead to conflicts and lengthy legal battles.


5. Efficient Estate Settlement: Having a will can streamline the probate process, making it quicker and less expensive for your heirs. Without a will, the probate process may be more complicated and time-consuming.


6. Peace of Mind: Having a will provides peace of mind, knowing that your wishes will be respected and your loved ones will be taken care of after you’re gone.


Having your Millersville, Pennsylvania will draft now ensures that your wishes are followed, provides protection for your loved ones, and helps prevent unnecessary legal complications during the Lancaster, PA probate process.


Save yourself the hassle of finding parking downtown and contact us to schedule an appointment to draft a new will or update to your current will today!

What are the duties and responsibilities of the executor of an estate in Lancaster, Pennsylvania?

06 Sep, 2024
Generally, an executor of an estate is responsible for managing and distributing the deceased person’s assets according to their will. The first duty is to file the will and death certificate at the Lancaster County Register of Wills to start the legal process. After being officially appointed as the Executor or Executrix (female), the executor needs to inform the beneficiaries named in the will and notify creditors of the decedent’s passing. The executor needs to identify, locate, and value the deceased’s assets, including real estate, bank accounts, investments, and personal belongings. Once the assets are identified, the executor typically sets up an estate account and moves all the assets into that account. From that account, the executor would typically pay any bills and any inheritance taxes owed by the estate. Once taxes and debts are paid, the executor distributes the remaining assets to beneficiaries according to the will’s terms. The executor has a fiduciary duty to act in the best interests of the estate and its beneficiaries, following the terms of the will and applicable laws. Being appointed as an executor or executrix, and settling a loved one's estate, is a great responsibility and entails considerable time and effort. Let Goodman & Kenneff help you through the Lancaster County estate administration and probate process.

Do I need a Financial Power of Attorney?

29 Aug, 2024
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