Pennsylvania state taxes are unique compared to the tax requirements in many other states. There are a number of taxes for personal income, sales purchases, property ownership, inheritances and many other reasons. There are basic facts to know about this state's tax...
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...
With tax rules and regulations, it's important to follow any changes carefully as they may affect how you file your taxes after a divorce. One significant alteration to how taxes are handled in divorces occurred at the start of 2019. At that time, additional rules...
Many Pennsylvania couples whose marriages are ending want things to go as smoothly as possible. You can have the “perfect” divorce by following certain steps. Plan ahead and know that you truly want a divorce Although nothing in life is perfect, you should always plan...
Divorce is complex when it involves business and assets. Many things go on during a divorce, and taxes are probably not on people's minds. People have tax considerations to evaluate during a divorce in Pittsburgh, Pennsylvania. Qualified assets include 401(k)s, IRAs...
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...
If you're considering divorce or you have decided to end your marriage and want to know what the process will entail, there are several things to think about. This time in your life can be emotionally draining for several reasons, so you should know which options are...
Regardless of how large your Pennsylvania estate is, it is a good idea to have an estate plan. At a minimum, you'll want to have a will that dictates who gets your property after you pass away. It may also be a good idea to have a trust to ensure that you retain some...
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...
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...
