Five Types of Risk Businesses Face

Five Types of Risk Businesses Face Pursuing a business venture naturally involves risk. Eliminating all risk is not an option—there are many factors beyond your control, and it is impossible to prevent every circumstance that might deviate from your plans....

What Is Probate?

What Is Probate? We often hear that “Probate” is something we want to avoid.  But what is “probate”? The short version is that probate is the process of gathering the assets of the Decedent, paying Decedent’s creditors and Taxes, and then distributing the remaining...

What Taxes Are Due When Someone Dies?

What Taxes Are Due When Someone Dies? When an individual dies, there are four taxing systems that come into play:  the Pennsylvania Inheritance Tax; the Federal Estate Tax; the Decedent’s final income tax returns (Pennsylvania and Federal and local earned income tax);...
What Is A Gun Trust and Why Should You Have One?

What Is A Gun Trust and Why Should You Have One?

What Is A Gun Trust and Why Should You Have One? What is a Gun Trust and why should you have one?If you’re gun owner, you’ve likely heard the term “gun trust,” but you may not understand what a gun trust is, how it works or how it can be of use in an estate plan.A gun...

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