Personal injuries caused by an accident or another party’s negligence can range from minor to catastrophic. A minor injury (small lacerations, bruises, etc.) typically heals on its own and may need no legal action. Severe injuries, on the other hand, usually require...
If you are a wealthy individual who is weighing your estate-planning options, one possibility you might be mulling over is a dynasty trust. There are definite advantages to funding a dynasty trust. Namely, this kind of trust allows you to pass on your wealth to...
Attorneys can be intimidating. Many people are understandably nervous when meeting an attorney for the first time. It is important to remember, attorneys want to help you with your issues. When faced with a legal problem, people are often emotional and new...
Estate administration is effective but only when you’ve predetermined how your estate gets handled and by whom. What happens after your death has a better chance of meeting your wishes if you start estate planning now. Pennsylvania residents even have “loopholes” that...
An estate plan is a great way to help get all of your assets in order, hash out your future financial goals, and better ensure your estate is distributed in line with your wishes. When put together wisely, it can also provide better protection from creditors and...
Covering the long-term care costs for seniors, which include Medicaid coverage, will always be complicated to do in Pennsylvania. It's very difficult for people to plan their estates on their own without professional legal assistance. Understand the basics of...
Pennsylvania courts are very concerned about the welfare of children whenever they are part of any legal situation, and this especially applies when a custody issue hangs in the balance. The courts take their role as child advocates very seriously. Judges weigh all...
Imagine sitting down to a meal at a restaurant, banquet hall or food court. It seems like a nice enough place, the staff is courteous, and the choices on the menu are inviting. So, you place your order, your food is served, and you tuck into a filling, satisfying...
If you live in Pennsylvania and you are a parent in a blended family, your estate planning may have an extra layer of complexity. It is important to ensure that you make plans that will take care of any of your own children from a previous relationship as well as your...
Many people become confused over the meaning of cost basis, as it is a term that accountants and tax specialists use to determine the worth of certain assets and how much tax must be paid. Understanding what cost basis is and how using a step-up in basis can make a...
