Posted by Colt McKelvey | Aug 28, 2020 |
What is a revocable trust? Many people talk about trusts, but have little idea to as what they are or how they operate. McKelvey Law Offices, LLC is here to help.
Basics
A revocable trust is an inter vivos trust. Inter vivos means between living persons; as a gift made between one living ...
Posted by Colt McKelvey | Aug 26, 2020 |
A Power of Attorney, POA for short, is one of the most important legal documents an individual should have in today's world.
What are POAs? A Power of Attorney is a legal document or documents giving an individual authorization to act on your behalf. This individual is called an Agent. You are...
Posted by Colt McKelvey | Aug 26, 2020 |
A question many parents and grandparents ask is, “How do I make sure my children or grandchildren are taking care of in the event I die before they reach 18 years of age?” Maybe not exactly that question, but I hear some form of that question from clients with children. One answer I tend to giv...
Posted by Colt McKelvey | Aug 19, 2020 |
Three Things New Parents Need to Do
Last October my wife and I had our first child. What a crazy, awesome time it has been since then! However, I began thinking about what happens if I die tomorrow? Will I have left my family in a stable financial situation? Will they be able to continue the...
Posted by Colt McKelvey | Aug 14, 2020 |
Why do I need a will and How do I make one?
I was wrapping up a real estate closing with a client when he asked me, “Why do I need a will?” This was not the first time I had been asked this question. In fact, I remember the first time someone had asked me this question. I was just starti...
Posted by Colt McKelvey | Jul 10, 2020 |
Living Wills: The Importance of End-Of-Life Guidance
By: Colt A. McKelvey, Esquire
COVID-19, civil unrest, and Presidential elections have dominated the news cycle and the minds of many Pennsylvania citizens. However, there is one topic that is seeing an increase in consideration by many a...