Who Is Responsible for the Gift Tax on the $10,000 Gift Given By My Sister-In-Law to My Wife and Myself? Dear Harry: My wife has a sister who is 93 and still in pretty good health. She is a widow worth more than half a million... Continue Reading
Mickey Rooney took on a new role last week, as an advocate for abused seniors. His personal story of betrayal was painful to watch. The 90-year-old actor bravely shared the shame and humiliation of elder abuse with members of... Continue Reading
Who you appoint as executor of your will or as trustee of your trust is an important decision because the positions carry significant responsibility. Executors and trustees (“fiduciary” or “fiduciaries”) must efficiently... Continue Reading
Can A Lawyer Be a Beneficiary of a Clients Will? Pennsylvania Rule of Professional Conduct 1.8(c) deals with this issue and notes as follows: “A lawyer shall not solicit any substantial gift from a client, including a... Continue Reading
You may be healthy enough today to make your own medical decisions, but what happens if a car accident leaves in a coma or you suffer a stroke that leaves you in a vegetative state? Who will make the decisions for you if you... Continue Reading