(Part One in a series of blogs covering special needs trusts) When most individuals think of estate planning, they typically think about creating a Will that stipulates how their property and monies are to be allocated after their death. Estate planning is actually a complex legal process, and writing a Will is just a small part of it.
A holographic Will is a handwritten Will made by a person that gives away their property upon their death. Pennsylvania may recognize this do-it yourself document as long as document disposes of property and is signed at the end, but you should not necessarily handwrite your own Will. Pennsylvania courts frown upon such handwritten Wills and for
You should consider your basic estate plan a three-movement sonata. Like a piece of music written for one or two instruments, your estate plan is written for you and your spouse (or partner). Sometimes your plan will have three documents, sometimes four or even more documents. Like the movements in a sonata, each document can be very different from each other in rhythm and in mood.