In the legal context, being a parent carries with it rights and obligations, such as parenting, visitation, and financial responsibility for the child. In some cases, when the parents are married, the law assumes who is the father of a child. But in others, if there are doubts, a process must be done to establish…
Without fruitful estate planning, you will not be able to safeguard your family and business from financial vulnerability. High-quality business succession & estates planning can be offered by specialist attorneys to carry out your intentions. But how would you recognize the right attorney for you in the crowd? Here you will find some necessary qualities…
Choosing a trademark can be an overwhelming task. There are many factors you need to take into account when finding the one that is perfect for your company. Additionally, there are also some highly common mistakes that are often made when trying to settle on this vital business decision. In this article, you will hopefully…
Estate Planning Attorney in Bucks County, PA and Northeast Philadelphia can help preparing for the future, which is something many people like to put off until the last minute, but it’s one of the most important things one can do in their life. For example, the best thing you can do as a parent is…
Intellectual property is as important as your business identity. This means protecting your property with a higher standard, including having proper documentation and registration by following the right steps. Those who are proactive with these steps will find that they can own any official documents related to their intellectual property and dictate how the property…
Do I Need a Will or a Trust? Yes! People often wonder, when it comes to estate planning, whether they need a will or a trust. The short answer is that we see this not as an either-or question; rather we recommend having both. There is a significant degree of overlap between a will and…
1. Wills. What is a will? A will, sometimes referred to as Last Will and Testament, is a legal mechanism for passing or distributing property and wealth without consideration (i.e., without anything in return). A will is a set of instructions on how you want your property and wealth distributed. Wills are legal documents with…
Many people are unaware of the need to plan ahead until something happens, and then the reaction is “What am I going to do?” A skilled attorney can sometimes help even in situations like that. Planning for retirement, disability, or death is unpleasant to some, and is frequently avoided. However, for successful retirement planning, you…
I have spoken to many clients and potential clients who simply do not understand what as Special or Supplemental Needs Trust is. These trusts are useful asset preservation and Medicaid planning tools. Special or Supplemental Needs Trusts are a subsection of trusts, created under the strict rules of the Social Security Administration (“SSA”) and applicable…
The Tax Cuts and Jobs Act essentially doubled the basic federal tax exemption amount set by the American Tax Relief Act of 2012 (ATRA). The new law established a $10 million federal tax exemption, indexed for inflation, but only until 2025 if Congress does not extend it. If the law is allowed to expire via…
