Blog

May 31, 2023

Creating a living will is an important step in ensuring that your healthcare preferences are respected in the event that you become unable to make decisions for yourself.

May 21, 2023

Since the sale or the purchase of a parcel of real estate tends to be the most significant asset and transaction the individuals will make, the risk of litigation can be the largest one that one will encounter

May 21, 2023

The common law rule in Pennsylvania was "caveat emptor," or "Buyer Beware" for any purchases of real property. Under this standard, after closing, the Buyer would be responsible for the cost of repair.

Nov. 22, 2022

Marriages can end without fault. Agreeing to merely move forward in life is the best thing to do under the circumstances. However, a marriage may also end because one spouse or the other did something that significantly eroded the relationship to the point that it could not be repaired.

Sept. 21, 2022

The remarriage of a parent can sometimes be stressful for the kids. Even if you are happy that your parent moved on and found a new spouse, the remarriage may trigger a number of questions. One of them is, “Will the new spouse inherit everything now that my parent is remarried?”

Aug. 26, 2022

When a person dies, another individual will be appointed to serve as the executor of the estate to deal with the deceased person’s property and money. However, the person appointed to that role may not be the best candidate for the job, which is why disputes and disagreements may happen.

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.

June 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.

May 3, 2022

Estate planning documents are best handled with the assistance of an experienced Pennsylvania estate planning attorney.

April 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.