Huckabee, Weiler, & Levengood, P.C.

October 2018 Archives

What should I know about purchasing a franchise?

If you want to be a business owner in Pennsylvania, one option you have is to buy a franchise. A franchise allows you to own your own business that is part of another larger business. For example, you may be able to own a fast food restaurant from a national chain. You will sell all the same products that customers expect from this fast-food chain. You also get support from the corporation. However, not all franchises are created equal.

Plan to avoid paying estate taxes

For all of the plans you make and the precautionary measures that you take throughout your life, there are two things you simply cannot escape from: death and taxes. Many in Wyomissing might tell you that the two go hand-in-hand. Indeed, several of those that come to see us here at Huckabee, Weiler & Levengood, P.C. are concerned that much of their estates will go towards paying estate taxes (leaving little to actually go to their beneficiaries). While it is true that there in an estate tax, you should not that there are ways to avoid having to pay it. 

How can I provide support for my special needs child?

One of the most difficult concerns a parent of a child with a disability faces is how to provide the best social, emotional, medical and financial support throughout the child's lifetime. Many complications may affect this decision, such as the type of disability, parental ability to set aside funds for future support, whether the child has received a court-appointed settlement, as well as the child's likelihood of achieving mental competence upon reaching adulthood.

What happens to home equity when you divorce?

As someone currently making your way through a Pennsylvania divorce, you are probably experiencing considerable upheaval in your life, and your separation may affect everything from where you live to how often you see your children. While there are numerous matters you and your soon-to-be-former spouse will need to work through, one of the more significant matters you will need to address will involve what is going to happen to your shared home.

Business structures that limit personal liability

Regardless of the nature of the business you plan to establish in Pennsylvania, you are going to run into areas where you face possible exposure to liability. Just how much it can hurt your personal assets when someone sues or files a judgment against your company will depend on the type of business structure you operate, with some business structures protecting your personal assets far better than others. At Huckabee, Weiler & Levengood, P.C., we understand the benefits and drawbacks associated with each type of business structure, and we have helped many people looking to create their own businesses determine which business type best suits their needs.

What are the signs your spouse is hiding assets?

If you are getting a divorce in Pennsylvania, one of the most trying parts of the process is dealing with your marital assets. You will need to split them between you and your spouse. If you fail to come to an agreement, the court will divide your assets. While many times, the process goes smoothly, there are sometimes when a spouse tries to hide assets. Knowing the signs of this beforehand can help you to uncover if your spouse is trying to hide away money so you do not get your fair share.

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Wyomissing, PA 19610

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