PA Inheritance Tax vs PA Income TaxJanuary 30, 2023-‘Tis the season for taxes and some may wonder what is the difference between Pennsylvania Inheritance Tax and Pennsylvania Income Tax? Pennsylvania Inheritance Tax Pennsylvania Inheritance Tax is collected when a decedent’s (someone who passed away) estate is transferred to beneficiaries by will, heirs by intestacy, or transferees by operation of law (for example, joint... Read More
Explainer: The Expanded Child Tax CreditJuly 29, 2021-You may have heard about the possibility of a tax credit coming your way in the form of a check. Or, you might have suddenly noticed some extra money in your bank account. Perhaps you heard a rumor that there are more checks to come. But what is this money, why are you getting it,... Read More
Avoiding Guardianship DramaMarch 11, 2021-If you’ve been online or watching tv lately, you probably haven’t been able to miss seeing the Guardianship process depicted in popular culture. Whether you’ve watched the Netflix movie “I Care A Lot” or the recent documentary and press about the Britney Spears conservatorship controversy, it seems that Guardianships are everywhere these days. It is... Read More
Special Needs Trust BasicsOctober 30, 2020-A Special Needs Trust is a legal document written by an attorney that details how the assets in the Trust will be distributed to the beneficiary (or special needs person). The most important thing to remember about a Special Needs Trust is that it ensures that assets can be received and used for the beneficiary... Read More
Coronavirus UpdateMarch 24, 2020-Dear Clients and Friends: The COVID-19 pandemic has caused many challenges and continues to have us all make sacrifices for the health and well-being of our community. We know that many of you are unable to travel, work, or proceed as normal right now due to current government orders and advice. However, we wanted to... Read More
How the Secure Act can affect your Estate PlanJanuary 10, 2020-Legislation called the Setting Every Community Up for Retirement Enhancement (SECURE) Act was passed as part of the government’s spending bill last year and took effect on January 1, 2020. This intent of this legislation is to strengthen retirement security for many individuals. However, required distribution rules have changed mostly for the worse for individuals. ... Read More
Beyond the Power of AttorneyAugust 22, 2019-How to Help Your Parents When They Don’t Have, or Won’t Use, a POA Mom passed away, leaving Dad behind. They long ago executed powers of attorney giving their only child the authority to act as their agent. Unfortunately, Dad, who is quite elderly, is showing signs of dementia. He isn’t able to manage his... Read More
What should I expect when I’m creating an estate plan?May 15, 2019-The first thing many people say when they hear that we are estate planning lawyers is, “but I don’t have an estate!” You may not own a vast “estate” like the enormous mansions the word calls to mind, but almost everyone has an estate. Merriam-Webster defines an estate as “the assets and liabilities left... Read More
PA Inheritance Tax vs PA Income Tax January 30, 2023 - ‘Tis the season for taxes and some may wonder what is the difference between Pennsylvania Inheritance Tax and Pennsylvania Income Tax? Pennsylvania Inheritance Tax Pennsylvania Inheritance Tax is collected when a decedent’s (someone who passed away) estate is transferred to beneficiaries by will, heirs by intestacy, or transferees by operation of law (for example, joint... Read More
Avoiding Guardianship Drama March 11, 2021 - If you’ve been online or watching tv lately, you probably haven’t been able to miss seeing the Guardianship process depicted in popular culture. Whether you’ve watched the Netflix movie “I Care A Lot” or the recent documentary and press about the Britney Spears conservatorship controversy, it seems that Guardianships are everywhere these days. It is... Read More
Special Needs Trust Basics October 30, 2020 - A Special Needs Trust is a legal document written by an attorney that details how the assets in the Trust will be distributed to the beneficiary (or special needs person). The most important thing to remember about a Special Needs Trust is that it ensures that assets can be received and used for the beneficiary... Read More
How the Secure Act can affect your Estate Plan January 10, 2020 - Legislation called the Setting Every Community Up for Retirement Enhancement (SECURE) Act was passed as part of the government’s spending bill last year and took effect on January 1, 2020. This intent of this legislation is to strengthen retirement security for many individuals. However, required distribution rules have changed mostly for the worse for individuals. ... Read More
What should I expect when I’m creating an estate plan? May 15, 2019 - The first thing many people say when they hear that we are estate planning lawyers is, “but I don’t have an estate!” You may not own a vast “estate” like the enormous mansions the word calls to mind, but almost everyone has an estate. Merriam-Webster defines an estate as “the assets and liabilities left... Read More
