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By Bari Weinberger | March 19, 2024
"Attorneys who practice either family law or estates law will eventually have clients who need to know how their estate plans are affected by divorce, and vice versa," according to Bari Weinberger of Weinberger Divorce & Family Law Group.
9 minute read
By Julie L. Cross | March 19, 2024
"With the rising rate of families with a member who has special needs, the need for special needs financial planning is becoming increasingly important," writes Julie L. Cross of Schenck, Price, Smith & King.
7 minute read
By Rita M. Danylchuk | March 19, 2024
"Oftentimes, these documents can be overlooked when thinking about sending your 18-year-old off to college or for your recent college graduate," writes Rita M. Danylchuk of Gibbons.
7 minute read
By Dena B. Guttmann | March 19, 2024
"While the goal of the Corporate Transparency Act is an important one, the Act introduces major hurdles from an estate planning perspective," according to Dena B. Guttmann, an associate with CSG Law.
8 minute read
By Jonathan Gopman, Matthew McRoberts and Daniel Brick | March 15, 2024
Protecting your wealth and many forms of income is a right embedded in the state constitution.
10 minute read
By Sareena Sawhney | March 14, 2024
Estate theft often goes undetected because family members cannot identify red flags or know how to investigate potential theft. This article identifies and discusses those red flags and the benefits of forensic accounting.
5 minute read
By Alex Anteau | March 13, 2024
"There isn't a businessperson in the state that's not going to not lose the duty to defend because within [the new criteria," the defendant-appellee attorney said. "They can either have the financial wherewithal or can borrow it. ... It reaches so much further than it needed to go."
4 minute read
By C. Raymond Radigan and Tara E. Mahon | March 1, 2024
A fiduciary does not have automatic authority under EPTL §11-1.1 to continue a business of a decedent, incur obligations and thus render the estate liable. However, courts have stated that a fiduciary has an inherent authority to temporarily continue a business for the limited exceptions of converting business assets to cash for the benefit of the estate.
8 minute read
By Andrew Shore | February 29, 2024
On Jan. 1, 2024, the Corporate Transparency Act (CTA) came into force, requiring the vast majority of small limited liability companies, corporations…
9 minute read
By Rebecca Rosenberger Smolen and Amy Neifeld Shkedy | February 27, 2024
There are a number of prominent issues on the horizon for estate planners this year. In this article, we provide a brief overview of some of those issues, including the Corporate Transparency Act, rising interest rates, Pennsylvania recognition of irrevocable grantor trusts, pandemic-related probate delays and upcoming scheduled sunset of the historically large federal gift and estate tax exemption.
6 minute read
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