Purchasing an Asset with a Significant Other
Today, one in four unmarried couples between the ages of 18 and 34 buy a house together, according to a recent survey by Coldwell Banker Real Estate. Purchasing a house or other large asset with your significant other may be […]
Read MoreSuccession Planning for Family or Closely Held Business
Succession planning can be a daunting topic. No one wants to think their days of owning and working at the business they built will come to an end. All too often, the sobering reality of one’s frailty hits and the […]
Read MoreThe Winds of Change
Predicting possible changes in tax laws is probably as difficult as predicting how many inches of snow we are going to get this winter. But it is still a good idea to keep an eye on the weather reports. As […]
Read MorePitfalls of Probating an Estate
For the average non-lawyer, probating a loved one’s estate on your own is like piloting a ship through a sea of icebergs – you usually can’t see the danger that lies ahead until you’ve hit it. That’s because there are […]
Read MoreEstate Administration Tips
FOR THE CLIENT: It is important to place your original Will in a safe place and make certain that your Executor or close family member knows its exact location. It is helpful to keep a list of your assets and […]
Read MoreThe Surprise of Inheritance Tax
Many people are surprised to learn that Pennsylvania imposes an inheritance tax upon assets owned by a deceased person at the time of their death. This applies to assets titled solely in the name of the deceased person (real estate, […]
Read MoreReilly Wolfson Expands Estate Administration Practice
Reilly Wolfson recently announced the expansion of its Estate Administration practice with the addition of two assistants; Patricia Baylor and Lori Wert. Since 1940, Reilly Wolfson has represented executors, administrators and personal representatives, both locally and from out of state, […]
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