Many Pennsylvania owners of mountain acreage, summer homes, farms, and hunting camps are now benefitting from the Marcellus Share boom. Marcellus Shale landowners are anticipating significant royalties and bonus payments well into the future. Proper planning is necessary to preserve the value of the asset with a minimum of taxation including federal estate tax and Pennsylvania inheritance tax.
For parents, deciding who will raise their minor children if the parents die is one of the hardest decisions to make. In fact, the decision is so difficult that many parents avoid the topic and never do it. Not making a decisions is also making a decision and for those parents who avoid the issue, the route they choose is one of uncertainty, unnecessary costs, and perhaps a stint in foster care for their children. You need to name a permanent guardian and it can only be done in a will. More than half of the population if the US does not have a will - are you one of them?