Pennsylvania partnership disputes often become complicated. Although you’re dealing with a business, human emotion plays a big role. And disagreements can turn into major issues. File a lawsuit Lawsuits occur often when a partner engages in misconduct. In matters of...
Blog
Steps to dissolve a Pennsylvania business
It’s not an easy decision to shutter your Pennsylvania business. While just making the decision is difficult, there are then steps that you have to take with the government to legally dissolve your business. First steps to dissolving your business The first steps to...
What types of amicable divorce exist?
Nobody decides to get married with the intention of getting divorced. But if you find your Pennsylvania marriage coming to an end, one of the best case scenarios for you, your spouse and your children is choosing an amicable divorce. What does an amicable divorce...
Responding to a divorce petition in Pennsylvania
When your spouse wants a divorce, they will file a petition with the Pennsylvania family court. The law will then require them to give you the divorce petition papers in person or via mail, making sure that you receive them. After that, you'll have a very limited time...
What to think about when creating a beneficiary designation
If assets remain inside of your Pennsylvania estate when you die, they will likely be subject to probate. In most cases, assets that have beneficiary designations attached to them will avoid this process. However, if a designation is not made properly, an item may...
Understanding an LLC operating agreement
Opening a new business in Pennsylvania involves many decisions. One of them will be the form that your new business should take. If you decide to form your business as an LLC, there are a few details to take note of. One of them will be to decide on the terms of your...
Using a pour-over will for estate planning
A pour-over will is a specific type of will and testament designed to work with a trust-based estate plan. Pour-over wills can come in handy with the individual who created the trust does not transfer all of their assets into the trust and doesn't have a will to...
What you need to know about inheritance tax
Pennsylvania does not have an estate tax. However, it does have an inheritance tax that applies to assets transferred upon death to someone other than a spouse. When you are a beneficiary of property, the state's inheritance laws impose a percentage of the asset's...
The benefits of mediation during divorce
Couples in Pennsylvania who have decided to end their marriage might opt to reach a divorce settlement through mediation. When couples are willing to collaborate on resolving their issues, with the assistance of a mediator, they find many benefits that will not only...
Could having multiple sources of income make various tax problems?
2020 saw Americans changing where they live and work at a dizzying speed. More people are working remotely from different states and seeing income tax issues. Some sectors, such as the entertainment industry, are already dealing with income tax issues. How does having...