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What is an Irrevocable Trust?
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What is an Irrevocable Trust?

A trust is an estate planning tool that allows a person to control their assets during their lifetime and make provisions for incapacity and death. Many trusts are revocable, however, irrevocable trusts can be an incredibly useful way to plan for your future.

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One thing you should know about irrevocable trusts is that, unlike revocable or living trusts, irrevocable trusts cannot be changed or amended. They are set in

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The Dangers of the EHR
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The Dangers of the EHR

Electronic Health Records can be an incredibly helpful tool. However, they are not without fault. A recent warning highlights that electronic health records (EHRs) are a top target of cybercriminals. They can also lead to inappropriate billing if they are not set up correctly.

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The Health Sector Cybersecurity Coordination Center (HC3) issued a warning to healthcare entities regarding EHR vulnerabilities and protections.

Protected health information (PHI) continues to hold its …

Top 5 Reasons Not to Have an Estate Plan
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Top 5 Reasons Not to Have an Estate Plan

We often hear many reasons why people do not have an estate plan or why they are putting off creating their estate plan.

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Here are the top five reasons why people don’t have an estate plan (and why these reasons shouldn’t prevent you from doing your estate plan today):

  1. I don’t have enough money, property, etc. Estate planning is not just about assets. Estate planning is a way to protect
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What is a Medical Power of Attorney?
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What is a Medical Power of Attorney?

One document that we recommend for almost all of our estate planning clients is a Medical Durable Power of Attorney. This document allows you to select the person who will make medical decisions on your behalf, if you are incapacitated or unable to make them yourself.

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A Medical Durable Power of Attorney is an essential document, as no one can predict their incapacity.

This legal document allows you to list

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Adams County residents are owed close to $9M. Check to see if you have money waiting
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Adams County residents are owed close to $9M. Check to see if you have money waiting

Roughly $8.6 million of unclaimed property is owed to Adams County residents, according to Pennsylvania Treasury press secretary Samantha Heckel.

Unclaimed property includes dormant bank accounts, uncashed checks, forgotten stocks and insurance policies as well as tangible property like jewelry and valuables stored in abandoned safe deposit boxes and military decorations and memorabilia.

To see if you have money waiting, search the Treasury’s unclaimed property at patreasury.gov/unclaimed-property. The process to claim can be started online as well.

According to a press release from the Pennsylvania Treasury, over $211 million was returned in 2022 throughout the Commonwealth with more than $4

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I Don’t Have an Estate Plan…Right?
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I Don’t Have an Estate Plan…Right?

Whether or not you have a written estate plan, you do have an estate plan. The laws of the state in which you reside will make decisions about your estate if you do not have a written plan.

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If you don’t have a written estate plan, it is essential to know what the intestacy laws of your state are so that you know what will happen to your assets if

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Is Your Compliance Plan Protecting You?
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Is Your Compliance Plan Protecting You?

Healthcare compliance plans are essential to ensure your practice is following the law. Your compliance plan can keep your practice out of trouble.

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A recent enforcement action highlights the need for an effective and updated compliance plan.

A physician in Arkansas has been sentenced to 102 months of prison time and to pay over $4.63 million in restitution. Following release from prison, he will have three (3) years of supervised

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