New Rules regarding Guardianships by Amy R. Stern, Esquire

As the US population continues to age, elder abuse continues to grow at a significant rate.  A GAO (government accounting office) study showed that “guardians stole or otherwise improperly obtained more than $5.4 million in assets from 158 incapacitated victims.” In order to combat this epidemic, the PA legislature has reviewed and rewritten the rules […]

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Should I Leave Money to My Kids in Trust?

It is important to have a will directing where your assets will go when you pass. For individuals whose beneficiaries may be minors, it is at least as important to name a person to care for them and act as guardian while the beneficiaries are underage. What happens when those beneficiaries are no longer minors? […]

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Impact Of Federal Estate Tax Changes On Estate Planning

In 2001, President George W. Bush came to office with the promise of large tax cuts. One of his first acts as president was signing $1.35 trillion in cuts, phased in over the next ten years. Part of that legislation included a gradual reduction of the Federal Estate Tax to be followed by a one-year […]

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