Blog
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
Read MoreNov. 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.
Read MoreSept. 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?”
Read MoreAug. 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.
Read MoreJuly 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 More