Law Offices of Kathleen D. Schneider
Serving Traditional & Nontraditional
Families, Since 1985
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January 2019 Archives

Trusts are part of estate planning re addicted children

The tragedy of drug addiction has hit every state, including Pennsylvania. With heroin and prescription painkillers increasingly responsible for addiction and overdose, few families are untouched by the issue. Watching an adult child become entangled with substance abuse is the worst nightmare of many parents, and it adds a new challenge to the already complex process of estate planning.

Careful planning can avoid tax issues in 2019

It may be too late for many Pennsylvania taxpayers to make a difference in their taxes for 2017, but this is the perfect time to prepare for next tax season. In light of the many new tax rules the federal government enacted last year, many are seeking advice about the best ways to avoid tax issues on their returns for the 2018 tax year. Of course, the point is to keep one's tax bill low and to take advantage of every opportunity to save money.

New tax rules in 2018 could leave some people vulnerable

Tax laws in the United States frequently change from year to year. Issues like the cost per mile someone can claim or the credit you receive for each dependent may change to reflect current costs and the modern economy. It's important for all taxpayers to understand their obligations for filing and paying taxes, as well as all the permissible deductions and credits that can limit how much they pay.

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