Blog
July 8, 2022
Seniors may be eligible to take out a reverse mortgage loan by converting their home equity. However, a reverse mortgage isn’t free money and must be paid back once the borrower dies, sells, or vacates the property.
Read MoreJune 8, 2022
If you lose a spouse, unless there is a living trust, you and any other remaining family members will have to undergo probate proceedings to distribute the decedent’s assets to beneficiaries.
Read MoreMay 3, 2022
Estate planning documents are best handled with the assistance of an experienced Pennsylvania estate planning attorney.
Read MoreApril 13, 2022
President Joe Biden’s proposed tax plan has created both an opportunity and some concerns about the prospective increase in capital gains tax and the impact on ESOP formation which is one of the key tax benefits to current sellers in the 1042 rollover. IRS Code Section 1042 is an elective provision that allows individuals, partnerships, trusts, and estates that sell shares of stock of a C-corporation to an ESOP to choose not to recognize the long-term capital gain realized in connection with the sale for federal income tax purposes by investing in eligible US securities.
Read MoreApril 11, 2022
When life throws you a curveball, you need someone on your side who knows how to listen and help. At Luvara Law Group LLC, we’re committed to hearing your side of the story so we can fully understand your needs and help you recognize what options are in front of you.
Read MoreMarch 21, 2022
With the recent realignment of business as a result of the pandemic, restriction over employee changes in employment have caused a rash or legal conflicts. It seems to be as a result of business owner and management attempts to protect against the hemorrhaging which occurred in sales and profitability because of the crisis of COVID.
Read MoreMarch 20, 2022
Being involved in a motor vehicle accident, getting served with divorce papers, or being arrested or indicted for a crime can be difficult and overwhelming experiences. The moments following any of these incidents or events can be confusing to sort through. However, what you do – or fail to do – in that period can significantly determine the aftermath.
Read MoreMarch 11, 2022
Tax season doesn’t have to be a stressful time of year. And for many people, it’s an opportunity to claim additional money. Thanks to the American Rescue Plan, more Americans can claim larger Child Tax Credits and Earned Income Tax Credits for 2021.
Read MoreMarch 3, 2022
This is the time to plan for your taxes for 2022. It is something to plan for now. The tax year 2022 adjustments described below generally apply to tax returns filed in 2023.
Read MoreMarch 1, 2022
Recently, candidates for Michigan's next attorney general said they believed that Griswold v. Connecticut, the 1965 Supreme Court decision that said contraceptive purchases which were shielded by a right to privacy was wrongly decided. One of the candidates stated that, “This case, much like Roe v. Wade, I believe, was wrongly decided because it was an issue that trampled upon states' rights," said former Michigan House Speaker Tom Leonard.
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