Some Pennsylvania residents hear the term "estate planning" and presume (in error) that it is something only for the very wealthy. However, the fact is that all Pennsylvania residents who have anything of value, and loved ones they want taken care of, can benefit from estate planning. It is a good idea for adults of any age, and indeed many experts advise starting estate planning as early in life as possible. Remember, you can always adapt your estate plan later as your circumstances, and your circle of loved ones, change across the years.
Could my loved ones inherit my debt after I pass?
Making your end-of-life plans can be a sensitive matter. You may want to leave certain assets to your spouse or children. But what if you die with debt? Could your loved ones stand to inherit this as well? Could this negatively impact their financial future?
Boredom, the open road and the risk of distraction
One potential problem people face when they spend a lot of time in the car is simple: They get bored. The beginning of a road trip is fun, with the excitement of getting underway. The end is fun, when you arrive at your destination. But those 10 hours in the middle, as you drive through land that all looks the same? That's when you feel bored.
