Some people start a professional career that is benefitted by starting a business. Starting a small professional practice, becoming a local service provider or even opening a retail business can be ways for an entrepreneur to be their own boss. There are also...
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Estate Planning and Administration Practice
What happens during the probate process in Pennsylvania?
The probate process occurs when the courts need to oversee the administration of someone's estate. The requirements for probate are somewhat different in Pennsylvania when compared with much of the rest of the country. In many states, probate oversight is...
3 basic things that adults should remember about estate plans
Estate planning is an important process for any adult. People all too often let themselves focus on minutiae that deter them from creating an estate plan. For example, they may read about the value of having a trust and then end up getting confused when they look at...
Do you really need a will in Pennsylvania?
Estate planning requires a thorough review of your personal resources and debts. You need to put together legal documents that discuss what will happen to your property when you die and who will support your vulnerable family members, like your children. Many people...
3 ways to handle investment properties in your estate plan
In terms of your personal property, few assets are as valuable as real estate. Transferring real estate will usually trigger probate oversight for a Pennsylvania estate, regardless of how much the property is worth. Many adults only have to worry about addressing...
Estate planning can help you pass on your business
You have invested your time and energy, as well as much of your life, into building a booming business. Now, you’re getting close to retirement and would like to make sure that your company continues to thrive. This is certainly possible, and there are protections...
If you have real estate investments, put them in your estate plan
You’ve invested a lot of time and money into your portfolio. You have real estate investments that you’re banking on to support you and your family in the future. As part of your estate plan, you want to make sure that these investments won’t go to waste. You may have...
The Fiscal Cliff, 2013 Taxes, and You
Now that the election is over, and TV and radio are not filled with nonstop political ads, and the end of the year fiscal cliff draws near, how is the divided congress going to work with a second term president to reduce the deficit? How will their action or...
Living Trusts: Truth and Fiction
By Charles C. Bell, Esquire and Bradley S. Dornish, Esquire A number of individuals are considering the use of a Living Trust to “ensure privacy” of their affairs after death, and the belief that this effectuates a substantial savings in probate costs after death....
Seven Rules on Screening, Hiring and Working With Lawyers
I am not only a real estate investor and lawyer marketing my law firm to others. I am also a consumer of legal services from other lawyers, and I help my clients to find lawyers in other states and other areas of practice, even in Pennsylvania, to help me to...