Month: July 2015
Friday, July 31, 2015
Assets: All things of value owned by a person. All assets must be listed on the inheritance tax return.
Beneficiary: A person named in a will, life insurance policy, or retirement plan to get all or part of another person’s... Continue Reading
Tuesday, July 28, 2015
In the estate administration and estate litigation case of In re Estate of Miller, PICS Case No. 15-1108, (C.P. Chester, June 3, 2015) the Honorable Mark L. Tunnell ruled that after looking to the terms of decedent’s will, the... Continue Reading
Wednesday, July 22, 2015
In the estate litigation and estate administration case of Estate of Peters, PICS Case No. 15-0981 (Pa. Super., June 17, 2015), the Honorable Mary Jane Bowes, writing on behalf of the Pennsylvania Superior Court, ruled that the... Continue Reading
Monday, July 13, 2015
There’s a saying that sums up the precarious nature of family businesses: “Shirt sleeves to shirt sleeves in three generations.”
In fact, financial advisers estimate that 65 percent of family businesses fail in the first... Continue Reading
Thursday, July 9, 2015
Once you’ve created an estate plan, it is important to keep it up to date. You will need to revisit your plan after certain key life events.
Marriage
Whether it is your first for a later marriage, you will need to update your... Continue Reading