Article by Josh Guckert Now that most college semesters have come to an end, many of those college students are beginning to look for housing for next year. Faced with limited options, many simply sign the first lease that they can find, even if it is not in their best interest. With LegalShield, you could
On June 28, 2019, Governor Wolf approved HB 262, which includes the reduction of the inheritance tax rate from 4.5% to 0%. This applies to property transferred from a natural parent, adoptive parent or step-parent to or for the benefit of a child age 21 or under. The provision takes effect Monday, July 1, 2019.
The second phase of Pennsylvania’s Clean Slate Law goes into effect today. This phase automatically seals certain criminal records, involving charges that were dropped where individuals were found not guilty, as well as summary and minor misdemeanor convictions that are ten years old. Not all records are eligible, and the rules are complicated. This automated
Bob Brown was a valued colleague and a heck of a nice guy. We’ll miss him.
We’re pleased to announce that five attorneys from Welch, Gold, Siegel & Fiffik P.C. have been selected to the 2019 Pennsylvania Super Lawyers list: Michael E. Fiffik Business/Corporate, Real Estate, Business Litigation Selected to Super Lawyers 2011, 2013 – 2019 Rising Stars 2005 – 2006 David P. Siegel Personal Injury – General, Estate Planning & Probate, Real Estate
WGSF 2018 Holiday Greeting
Late last year, the Pennsylvania House of Representatives introduced legislation to ban non-compete agreements between employers and their employees, citing the Commonwealth’s “strong interest in promoting unrestricted trade and mobility of employees in the work force as well as promoting businesses’ abilities to seek the best qualified candidates for employment.” A non-compete agreement, or covenant
According to the 2017 Annual Report of Workers Compensation and Workplace Safety published by the PA Department of Labor, there were 174,216 cases reported in 2017. There were 159, 170 injuries in 2016. That’s an increase of 15,046. 2017 was the second highest number of reported injuries in the last ten years. Over that time,
Just about every week, a business owner asks us about transferring real estate to an LLC. The typical reason is to protect the personal assets of the owner from claims relating to the property. There are three things you should consider before a transfer: 1. In Pennsylvania, the transfer will trigger realty transfer tax. That’s
Many mistakenly think this is a type of corporation. This is a shorthand term describing any corporation that elects to be taxed in a certain way. It is called electing “S” status. A corporation’s default tax status results in one tax on the corporate income and then another tax on the individual owner when profits are paid