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
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
In the business litigation case of Boyds, LP v. To, PICS Case No. 15-0721, (C.P. Philadelphia, January 14, 2015), the Honorable Gary S. Glazer denied the Plaintiff’s petition for injunctive relief because plaintiff failed to... Continue Reading
In the estate litigation case of In Re Beal, PICS Case No. 15-0878, (C.P. Philadelphia May 4, 2015) the Honorable John Herron ruled that the decedents widow, who had filed for divorce, lacked standing to challenge decedent’s... Continue Reading
It’s a good idea to update your estate plan every few years or after the occurrence of significant life events such as marriage, divorce, the birth of a child, or adoption. Even if you haven’t experienced any of these events... Continue Reading