Our Blog: Estates and Trusts

Power of Attorney: Useful, When Executed Correctly!

February 8, 2022
By Jamie Drennen
Posted in Estates and Trusts

A Power of Attorney, (“POA”), is a useful instrument which allows you to authorize an “agent” to make financial decisions on your behalf, during your lifetime. This document, if executed correctly, is recognized by banks and other financial... Read more

PA Legislators Taking Steps Towards Virtual Signings

March 25, 2020

In our previous post, we asked five questions pertinent to reviewing your estate plan in the wake of the Coronavirus Pandemic. Click Read more

Will You or Won’t You?: Why Writing a Will is the Right Choice

August 22, 2017
By Jillian Zacks
Posted in Estates and Trusts

By: Jillian F. Zacks[1] For many, estate planning may seem like an emotional and daunting endeavor. What’s more, writing a will may seem like something only done by those more mature in life with a trove of... Read more

ABLE Act Accounts Coming Soon To Pennsylvania

November 1, 2016
By Jillian Zacks
Posted in Estates and Trusts

The Steven Beck Achieving a Better Life Experience Act was signed by President Obama and became law on December 19, 2014.  ABLE accounts were added to Section 529A of the Internal Revenue Code.  The ABLE Act allows states to create a new option... Read more

Do you have a Family Limited Partnership or Family LLC? New IRS Regulations May Matter to You!

October 18, 2016

Back in the 1980s, if a business owner wanted to transfer her business to her children at a reduced tax cost, she might start with a C corporation and recapitalize it. She would keep a class of preferred stock that entitled her to receive most of... Read more

Governor Wolf Establishes “Employment First” Policy with Executive Order 2016-03

March 22, 2016
By Jillian Zacks
Posted in Employer-Employee Relations, Estates and Trusts

On March 10, 2016, Governor Tom Wolf signed Executive Order 2016-03 – Establishing “Employment First” Policy and Increasing Competitive Integrated Employment for Pennsylvanians with a Disability. Governor Wolf set the tone by stating,... Read more