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February 06, 2012
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Wills & Trusts News

 

Clinton Proposes Legislation To Support the Children Of Single Parents Who Lose Their Lives

Senator Hillary Rodham Clinton, a member of the Senate Armed Services Committee, today announced that she will propose legislation to help single parents who are killed in Iraq, Afghanistan or elsewhere to establish a guardian as recipient of their death benefit. Under her legislation, single parents will have greater flexibility to provide the death benefit to the person who will be the guardian of their minor child in the tragic case of their death. The legislation would allow single parents to designate the custodial guardian of the minor child to receive those benefits.

"I have long championed increased resources for grandparents, many of them retired, who are faced with unnecessary financial hardships while raising their children's children without access to financial assistance", said Senator Clinton. "This bill reflects the realities that the toll of this war is taking on American military families. Single parents are being killed in Iraq and Afghanistan, and the ability for grandparents or other designated guardians to care for surviving children is limited and creating unnecessary hardships."

The legislation will also require mandatory counseling during pre-deployment activities specifically tailored to provide information about wills, trusts, and life insurance options so they are fully informed about the financial decisions they are making on behalf of their families. Read more at clinton.senate.gov.

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  News Room  
 
John B. Whalen Unclaimed Funds For The Deceased
The Ohio Department of Commerce Division of Unclaimed Funds has over 2.6 million accounts worth over $700 million in its custody.  If you find...
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SEMINAR ON WILLS, TRUSTS, AND ESTATE PLANNING
Attorney Patricia Lee will discuss legal points to consider when developing wills and trusts and give an overview of estate planning.  She has...
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What If My Assets Pass To a Trust After My Death
You may make provision in your will for a trust to be created after your death and funded with assets held in your estate. When trusts are created ...
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Common Terms

 


Today's Terms

Minor

Definition:
A minor is any person under the age of 18 (the age of majority).

Interest

Definition:
A legal right to some aspect of the ownership of property. The term may also refer to what is best for a person in general.

Guardian

Definition:
A person who is responsible for the care of another.

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Hot Topics

 

  • Creating A Trust
  • Types Of Trusts
  • Modifying A Willl
  • Types Of Wills
  • Disinheriting Family
  • Selecting An Executor
  • Protecting Assests

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Pennsylvania Wills & Trusts Attorney

 
If you live in the following cities and need a Wills & Trusts Attorney you should contact our Wills & Trusts Attorneys as soon as possible:

  • Aliquippa
  • Allentown
  • Bensalem
  • Bethlehem
  • Butler
  • Carlisle
  • Chambersburg
  • Chester
  • Coatesville
  • Coraopolis
  • Downingtown
  • Doylestown
  • East Stroudsburg
  • Easton
  • Greensburg
  • Hanover
  • Havertown
  • Hazleton
  • Irwin
  • Lancaster
  • Lansdale
  • Lebanon
  • Lititz
  • Media
  • Morrisville
  • New Castle
  • New Kensington
  • Norristown
  • Philadelphia
  • Pittsburgh
  • Pottstown
  • Southampton
  • State College
  • Uniontown
  • Upper Darby
  • Warminster
  • Washington
  • West Chester
  • Wilkes Barre
  • Williamsport
  • York
 


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