Jump to Navigation
Subscribe to this blog’s feed FindLaw Network


Office Location

901 Rohrerstown Road | Lancaster, PA 17601 | Phone: 717.207.7935 | Toll Free: 866.639.5451 | Fax: 717.509.2018 | E-mail | Map & Directions

Lancaster PA Probate and Estate Administration Law Blog

The Bipartisan Budget Act of 2015

President Obama, Nov. 2, signed into law the Bipartisan Budget Act of 2015, a two-year budget deal. The legislation raises the federal debt limit and is paid for in part by provisions eliminating two Social Security retirement benefit claiming strategies, a provision to prevent a significant increase in Medicare Part B premiums for some, and provisions that will make it easier for the Internal Revenue Service to audit large partnerships.

Estate Planning and Portability

The American Taxpayer Relief Act of 2012 (ATRA), which tried to keep us from going over the "fiscal cliff," raised the federal estate tax exemption to $5.25 million and made permanent an estate tax concept called "portability." How long the exemption will stay at $5.25 million (ignoring annual inflation adjustments) is anybody's guess.

"Portable" means easily carried or transferred, like a portable typewriter (remember those?). In this case, "portable" means easily transferred to a surviving spouse.

Seminar: How to Prepare Fiduciary Accounts and Avoid Common Traps

Don't miss the PBI seminar on How to Prepare Fiduciary Accounts and Avoid Common Traps next Thursday May 1, 2014 at the CLE Conference Center, Wanamaker Building, Philadelphia. Register here: http://www.legalspan.com/pbi/catalog.asp?UGUID&CategoryID=20020903110249133627&ItemID=20131209-229194-103056

Inheritance tax: Exemptions for Farms and Small Businesses: Fourth and Last in a Series

Effective for decedents dying after July 9, 2013, there is a new inheritance tax exemption for qualified family-owned businesses. The law provides: "A transfer of a qualified family-owned business interest to one or more transferees is exempt from inheritance tax, if the qualified family-owned business interest . . . .continues to be owned by a qualified transferee for a minimum of seven years after the decedent's date of death."

Inheritance tax: Life estates, elections, exemptions and the early payment discount

Part III of this series on the Pennsylvania inheritance tax deals with the taxation of future interests, the sole use trust election, the family exemption and the early payment discount.

Do You Claim You are Domiciled in Florida? How to Change Domicile

It's time for the snow birds to think about their migration to Florida and other parts south. Man folks make a great deal out of staying for exactly 6 months and a day. They think that being in a state for more than half the year makes them domiciled in the state. Maybe yes, but maybe no. It depends.

Contact Us

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.



For Attorneys: Pennsylvania Estate Planning, Wills and Trusts Library: Forms and Practice Manual | Order Here > For Clients: Estate Matters: Gifts, Estates, Wills, Trusts, Taxes and Other Estate Planning Issues | Order Hers >