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Only a few states have their own death taxes, and Pennsylvania is one of them. A good estate plan will take both the state's inheritance tax and the federal estate tax into consideration. If the U.S. House of Representatives has its way, though, the federal tax may be...
While we tell ourselves and our kids not to wait until the last minute to do something, the U.S. Supreme Court seems to hand out its big decisions right at the end of the session. It is impossible to know if the docket is the cause, if the court spends extra time...
We just saw an article about the gender wage gap. According to the White House, women in the U.S. -- and in Pennsylvania, for that matter -- make just 77 percent of what men make. That leaves roughly half the workforce 23 cents short for every hour they work. That...
It is a mixed blessing, really, that women tend to live longer than men. On one hand, the extra years -- about six, according to researchers -- give women more time to spend with family and friends, a couple more elections to vote in and a few more Chester County's...
A new study surveyed over 4,500 individuals and interviewed 16 "very wealthy families" from North America, Asia and Europe. Researchers with the study were attempting to determine what the most powerful people in the world plan to do with their fortunes. Surprisingly,...
With roughly one in two marriages ending in divorce in the United States, it may be wise to account for this contingency in an estate plan. The following tips can help if you have children that you want to ensure receive an inheritance and do not end up giving the...
In tough economic times, an individual may have to shelve inheritance planning for more immediate concerns, including having enough liquidity on hand to retire in comfort.In that regard, a recent article profiled a number of companies that are marketing to this very...
When it comes to monthly bill paying, chances are that many Americans utilize online bill payment services. Many banks offer an online banking option, allowing customers to pay bills and transfer funds between accounts -- without every leaving a paper trail. In...
Does your estate plan include a contingency for a medical emergency? If not, there may still be time to maximize your retirement finances while preserving assets for your heirs.An attorney that focuses on estate planning may advise individuals to plan on needing 10 to...
It’s been said that a funeral or memorial service is for a loved one’s survivors. Such services can help family members and friends celebrate an individual’s life and provide some degree of closure.From that viewpoint, it makes sense that an...
