by Antanavage Farbiarz PLLC | Mar 27, 2022 | Estate Planning, Taxes
The Pennsylvania inheritance tax is a transfer tax. The tax applies to assets that are paid to a beneficiary. The amount of the tax is based on the value of the property and the family relationship of the beneficiary to the decadent. Therefore, one of the goals of...
by Antanavage Farbiarz PLLC | Mar 21, 2022 | Estate Planning, Probate
Property that passes through probate generally includes the property a testator (the person who prepares a will) devises to specific heirs in the decedent’s will. Any property that passes to intestate heirs is also considered probate property. The advantages of...
by Antanavage Farbiarz PLLC | Mar 14, 2022 | Estate Planning, Family Law
There’s an incredible joy that comes with becoming a parent. The smile of a child affects parents, grandparents, aunts, uncles, and all other family members. Every parent wants their child/children to live happy and healthy lives. They treasure watching their...
by Antanavage Farbiarz PLLC | Mar 4, 2022 | Estate Planning
A revocable living trust is an estate planning tool often used in conjunction with a will. The main parts of a trust are: The creator of the trust. For example – the person who is planning for the day they die. The appointment of a trustee to manage the trust assets....
by Antanavage Farbiarz PLLC | Nov 15, 2021 | Estate Planning, In The News
It’s only a matter of time before the proposed federal estate tax legislation takes effect on estate planning strategies. You’ll probably not have read the 881 pages of the legislation or the House Budget Committee’s Report by January 1, 2022, when...
by Antanavage Farbiarz PLLC | Nov 1, 2021 | Estate Planning, Family Law
Every parent should consider what legal documents can protect their children if tragedy strikes – and parents die or become incapacitated. Parents in Berks County should review their estate planning needs with an experienced lawyer as soon as their children are born....