A lot of people who engage in estate planning worry not only about the future of their loved ones, but also the viability of their estate. They find themselves concerned about the longevity of their assets and whether they’ll be used appropriately once they’re gone....
Year: 2021
The importance of letters of intent in real estate
Real estate transactions can often seem straightforward. But there are pitfalls which can appear if care is not taken to avoid them. Making intelligent decisions early in the process of any transaction can help you avoid misunderstandings and even litigation. Letter...
When are some good times to update an estate plan?
It is just as important to keep an estate plan fresh and up-to-date as it is to have one to begin with. Estate planners should be familiar with important times to update their estate plan. No two estate plans are alike and estate planning tools provide the flexibility...
Could a business friendship lead to an accidental partnership?
Getting started with a new business idea can be an exciting time. Of course, any new venture can be a challenge without the help and support of your friends and family. While you are talking about your vision for your new company, you may find yourself inspiring...
Ways to reduce inheritance conflict among siblings
Once you and any other parents are gone, all your children may have left is one another. For many Pennsylvania residents working on their estate plans, figuring out how to leave assets behind to siblings without causing strife between or among them is an important...
Statistics on business litigation over harassment
Businesses end up in court for many reasons, but you need to pay close attention to allegations of harassment and discrimination if you run a business. From major corporations to smaller firms, the impact of a harassment case can lead to all sorts of problems for...
3 effective strategies for preventing contract disputes
A Pennsylvania contract dispute has the potential to take time, energy and money away from your business. However, there are several things you might do to help lower the chances of a contract dispute arising and affecting your business’s bottom line. Per Inc., you...
3 signs a loved one may be vulnerable to undue influence
In Pennsylvania, individuals have broad discretion to dispose of their estates as they see fit. Therefore, Pennsylvanians often draft wills and other estate planning documents to keep property from passing through the commonwealth's intestacy laws. Sometimes, though,...
What first time home buyer mistakes should you avoid?
When buying your first home, it is easy to feel overwhelmed and out of your depth. Many first time home buyers end up making avoidable mistakes simply because they get overwhelmed by information and do not do proper research. As a first time home buyer, what are the...
Negotiating a favorable commercial lease renewal
Before the end of your Pennsylvania commercial lease term, you may want to examine the local market and take a good, hard look at your existing lease agreement. Commercial lease terms are often lengthy, so it is wise to review your lease to make sure it still suits...