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...
Same-sex Marriages, Domestic Partnerships, and Civil Unions: Interchangeable or Distinct? The ways of living that we’ve been accustomed to over the years are constantly changing. One area of impactful change is marriages. In the US today, what’s classified...
While you may expect to avoid the hassles of probate after your death by giving your home to your son or daughter, there often turns out to be many pitfalls that could potentially put you and your heirs through significant hardships. In this second installment of...
If you are planning your estate, you may think transferring your house to your child may be a smart move to avoid tax implications. In Pennsylvania, this is a straightforward process to accomplish, but in reality, this move carries significant tax consequences that...
As a partner in a growing business, having a buy-sell agreement in place is a top priority in case you or your partner should pass away. As an exit strategy, it not only protects your business from uncertainty on how to carry on after the death of an essential company...
With older Americans being most at risk from the COVID-19, the response is highlighting issues of ageism in the United States. According to experts, ageism is evident in the lack of protective equipment allocated to nursing homes. Experts on aging say the medical...
