Posted by Rob Levengood | Jun 21, 2019 |
Pennsylvania has certain laws that help determine who gets what during a divorce. Though these issues can be less problematic for those with fewer assets, if you have a lot of assets they can create some unique hurdles.
FindLaw takes a look at some tips for handling high asset divorces, which can...
Posted by Rob Levengood | Jun 07, 2019 |
On the road of good intentions, estate planners and holders have made mistakes. Unfortunately, many mistakes can be difficult and expensive to resolve. Therefore, an estate holder or testator needs to be diligent, thorough and methodical to avoid these mistakes.
A testator and the family will ben...
Posted by Rob Levengood | Jun 07, 2019 |
There are various ways to pass on wealth to heirs in Pennsylvania. Some of these may involve the probate court while others may have other legal frameworks. A fully diversified estate usually contains a combination of tools.
This article discusses three major types of financial planning tools. Wi...
Posted by Rob Levengood | May 24, 2019 |
It is probably technically and legally possible to own and run a business in partnership with your ex-spouse. As long as he or she could legally sign a partnership contract or assume ownership of an LLC or corporation, then you could continue to be partners in business after the end of your marri...
Posted by Rob Levengood | May 07, 2019 |
When you make the decision to get divorced from your spouse in Pennsylvania, chances are one of your first concerns is securing your finances and preparing for a future as an independent person. Because your finances can undoubtedly be shaken from the process of separating from someone you shared...
Posted by Rob Levengood | Apr 29, 2019 |
As you enter into your divorce proceedings in Shillington, you may already be planning on being rewarded alimony due to your ex-spouse being in a better financial position than you are. Many that we here at Huckabee Weiler & Levengood, P.C. have the same expectation, yet are later disappointed to...
Posted by Rob Levengood | Apr 11, 2019 |
Most aging individuals in Berks County and across the country would ideally like to spend their latter years living independently or together with their loved ones.
Sometimes that is possible, and sometimes it is not. The outcome depends on a number of factors, with one key determinant obviously ...
Posted by Rob Levengood | Apr 09, 2019 |
Setting up a living trust is one way to make sure your children or your other intended heirs receive their inheritance. However, some Pennsylvania residents still opt for a traditional last will and testament. If you find yourself debating this choice, TheStreet explains four key differences betw...
Posted by Rob Levengood | Mar 22, 2019 |
Forming a business from the ground up requires business leaders to be focused and to sacrifice their own comfort in order to acquire their goals. For many small businesses that are just beginning in Pennsylvania, one of the biggest challenges can be marketing their products or services on a limit...
Posted by Rob Levengood | Mar 15, 2019 |
When making a will, creating a trust or sometimes simply investing your money, you may come across someone using the term “fiduciary.” What does it mean?
A fiduciary is an entity – a bank, attorney, title firm, stock broker, financial advisor or others – who acts in the best interests of their cl...
Posted by Rob Levengood | Mar 14, 2019 |
You can never be sure how long you will stay in business. Sometimes you just do not find it feasible to keep running your company and you want out. However, if you run a franchise in Pennsylvania, a swift and easy exit may not be in the cards. In fact, if you have not planned for an exit strategy...
Posted by Rob Levengood | Feb 27, 2019 |
There are some things in life that you wish you could take with you when you die, and then there are those things you will be happy to leave behind. One of the things you probably will not be sad to say goodbye to is your student loan debt. However, you may worry that your death will transfer tha...
Posted by Rob Levengood | Feb 12, 2019 |
It is natural for an enterprising individual to consider starting their own business. The ability to be your own boss, to control your own products, make your own schedule and set your own goals are very attractive to many people. One of the best ways to begin your journey down this path is to cr...
Posted by Rob Levengood | Jan 18, 2019 |
Marriage can be hard and as we know, not all of them work out. And throughout the year, marriages end for many reasons. According to the American Psychological Association, the divorce rate in the United States is anywhere from 40 to 50 percent.
While divorce filings happen in all months of the y...
Posted by Rob Levengood | Jan 04, 2019 |
Being asked to be the executor of a will is an honor–someone believes that you are trustworthy, responsible and competent. However, since the job comes with many important legal responsibilities, it can also be a challenge. To complicate things, an executor is often a trusted family member who in...
Posted by Rob Levengood | Dec 21, 2018 |
Getting started in a new business is an exciting time. You may already have someone who has been by your side while you have gotten started or you may be feeling the need to bring someone along so to make your workload easier.
Choosing a partner for your new business can be tricky. While you may ...
Posted by Rob Levengood | Dec 14, 2018 |
Pennsylvanian residents have numerous options available to them when it comes to calling it quits with a significant other. Today, we will take a look at two: uncontested and contested divorces. Each one can benefit different couples in unique ways, though they also have their own drawbacks.
Find...
Posted by Rob Levengood | Dec 06, 2018 |
The specter of divorce leads many Pennsylvania couples to fear for their money or property. Can they safeguard their belongings from being divided up in a divorce? The dividing line between separate and marital property is not always clear. Putting your assets in an irrevocable financial trust is...
Posted by Rob Levengood | Nov 30, 2018 |
There are several potential ways to avoid or minimize the burden of Pennsylvania's inheritance tax on a given estate, but all of them are specific to a certain set of conditions. Some of the most prevalent current strategies include establishing trusts, giving to tax-exempt entities and carefully...
Posted by Rob Levengood | Nov 23, 2018 |
At Huckabee, Weiler, & Levengood, P.C., we are proud to represent Pennsylvania business owners and families. We believe that our support prepares them for success by clarifying plans, advising on structures and helping to make business formation more efficient.
We also are thankful for many of th...
Posted by Rob Levengood | Nov 19, 2018 |
If you decide to divorce, you will have to divide up your marital assets. You may be wondering, and even a little concerned, about how this will be done.
Pennsylvania is an equitable distribution state, which means the court will distribute the property of both parties as it sees fit.
What factor...
Posted by Rob Levengood | Nov 11, 2018 |
For many decades now, countless divorces in Pennsylvania have been finalized in which one spouse was ordered to pay alimony to the other spouse. These payments are often regarded as a support to the person who has a lower income and designed to allow them time to transition to being able to full...
Posted by Rob Levengood | Nov 05, 2018 |
After a loved one dies in Pennsylvania, it is necessary for you as the surviving family members to address many important legal matters, such as handling any debts that the deceased has left behind. Part of the purpose of the probate process is to settle any outstanding debts. We at Huckabee, Wei...
Posted by Rob Levengood | Oct 30, 2018 |
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 prod...
Posted by Rob Levengood | Oct 26, 2018 |
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 Shillington might tell you that the two go hand-in-hand. Indeed, several of those that come to see us here at Huckabee, Wei...