Living Will and Dignified Aging: Have the Conversation

As loved ones age, having the discussion on dignified aging and a living will can be challenging and emotional for families. Considering that spring is arriving and it appears the world may be opening up a bit more (hopefully), families will start reconnecting, spending quality time together, and planning vacations. Since the start of the pandemic, many families forewent these gatherings in an effort to avoid unnecessarily exposing themselves or loved ones to COVID-19. However, since late 2021 and increasingly so, families are spending more time together. Considering how long it’s been since these families have sat together, this may [...]

The Pennsylvania Inheritance Tax Explained

Who knew that the Commonwealth of Pennsylvania is one of only twenty United States jurisdictions which collect a state death tax? For the Pennsylvania resident decedent, regardless of whether the beneficiaries live in Philadelphia, Bucks, Montgomery, or Delaware Counties, or beyond the borders of the Commonwealth, the Pennsylvania Inheritance tax will likely impact any inheritance. In this blog, The Pennsylvania Inheritance Tax Explained, we answer eight of the most commonly asked questions. 1. I already filed the decedent’s taxes on April 15th. Why do I need to file a Pennsylvania REV-1500? Comparing income taxes to state death taxes is like [...]