Estate and trust settlement in Pennsylvania can be simple or complex, depending on what needs to be accomplished by the fiduciary in the way of administration.
You may be afraid of losing your home if you have to enter a nursing home and apply for Medicaid. While this fear is well-founded, transferring the home to your children is usually not the best way to protect it.
Can Special Needs Trusts Reimburse Family Members for Travel Expenses?
Families of people with special needs often face unusually high travel expenses. Family members may be able to be reimbursed for these expenses from a special needs trust, depending on the type of trust.
House Tax Plan Could Deal Blow to Families with High Medical Expenses
The tax plan put forward by the Republican-led House of Representatives would eliminate the medical expense deduction, potentially dealing a financial blow to those paying for costly care.
After staying the same for five years, the amount you can give away to any one individual in a particular year without reporting the gift will increase in 2018. Very few taxpayers will have to pay a gift tax in any case.
In order for us to spend time with our families over the holidays, our offices will be closed from Monday, December 25, 2017 though Monday, January 1, 2018.
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