Wyomissing, Pennsylvania Family Law and Estate Planning Blog
How limited liability companies are viewed by the IRS
When Pennsylvania entrepreneurs start new businesses, choosing an appropriate legal entity structure is important. One type of legal entity structure that is popular among business owners is a limited liability company. An LLC limits the liability of the owners so...
Financial tips for getting through a divorce
Divorce can be stressful in many ways, including financially. People in Pennsylvania who are going through a divorce can do things that will help them reduce some of the financial strain. They may want to hire a financial professional to help them through the process....
How to choose a trustee or executor for an estate plan
One estate planning task that some people in Pennsylvania may struggle with is choosing the right executor or trustee. There are a number of factors that should be taken into account, including the age and health of the individual. Ideally, an executor or trustee...
Balance is key to work life while divorcing
Going through a divorce is among the most stressful experiences a person can endure. It can be extraordinarily taxing emotionally, mentally and financially. According to some evaluative studies, the stress of divorce is second behind the death of a loved one. In...
General duties expected of people named as executors of estates
The death of a family member in Pennsylvania or anywhere else involves grief for the survivors. However, as the executor of the decedent's estate, you are responsible for many administrative details. Larger estates with complex assets can impose significant paperwork...
Approaching the unique financial challenges of a gray divorce
Divorce can bring significant financial and emotional upheaval no matter what the couple's age. However, for an older couple, a "gray" divorce" in Pennsylvania often brings unique financial challenges. In a gray divorce, couples often have more complex assets and less...
A billionaire moves his money before a divorce
A Pennsylvania divorce will involve a division of the marital estate to give each spouse their share that has either been agreed upon or ordered by the court. However, when one spouse under-reports property by decreasing the valuation or even moving it out of the...
How to keep and pay for a home after divorce
Pennsylvania is an equitable distribution state, meaning that marital property acquired during marriage gets divided “fairly” by a judge if the parties cannot come to an agreement. Of course, some assets are easier to divide than others. A marital home can be among...
An alternative co-parenting custody schedule
Estranged Pennsylvania parents usually pursue a 50/50 equal division of physical child custody. After a divorce, this may take the form of the every-other-week schedule. Children live with one parent for a week and then switch to the other parental household the next...
Powers of attorney may provide important protection
When people in Pennsylvania develop an estate plan, they may think first of a will to distribute their assets after they pass away. However, there are other important documents that can work as part of a comprehensive plan that can also protect people's interests in...
