A charitable remainder trust (CRT) is a type of trust that allows you to contribute to a charitable cause while receiving a financial benefit. When you create a CRT, you transfer assets—such as cash, stocks, or property—into the trust. These assets are then invested, and the trust pays you or another designated...
Navigating Business Partnership Disputes Without Going to Court
Are you looking for a way to resolve a business partnership dispute without lengthy and expensive court proceedings? Out-of-court solutions like mediation and arbitration can save time, reduce costs, and keep the focus on preserving your business. Here’s what you need to know about how to resolve partnership disputes without court intervention.
Employee Handbooks: Why They’re Crucial for Your Business
An employee handbook is a crucial tool for any business, big or small. It serves as a guide for employees, explaining what your company expects from them and what they can expect from the company, which can help your business run more smoothly.
How an Employee Handbook Can...
Year-End Tax Planning Tips for Businesses
Few things can be as nerve-wracking for small businesses as planning for tax season. While you have been busy trying to make money and keep your business running, in the background has been the need to get the information you need ready for filing with the IRS. Still, taxes are a fact...
Trademark Law Basics for Entrepreneurs
If you are looking to protect the intellectual property of your business, there are a number of steps you can take to make sure that your competitors cannot steal what you have worked hard to create. For example, you can protect any unique process or formula with a patent, while any printed...
What to Know Before Entering into a Joint Venture
Many businesses are able to create new products and bring them to market all through their own processes. But sometimes keeping everything in house is not the most efficient or effective way to do business. In addition, another company may have a patented process or device that you want to incorporate into...
How to Plan Your Estate as a Single Senior
An increasing number of seniors in Pennsylvania can be best described as single. They reach their retirement years having never married or had children. If this describes you, then you probably think you may not have any estate planning needs. You don’t have children or a spouse to consider, and your relatives...
Tips for Discussing End-of-Life Planning with Aging Parents
Life is filled with difficult discussions. We are often faced with speaking to loved ones about unpleasant and uncomfortable topics. One of the most difficult is end-of-life planning for your aging parents. Nobody likes to face their mortality, and having this talk with your parents can be one of the most difficult...
Charitable Giving and Estate Planning: Strategy for Donors
If you are like many people, you like to give to your favorite charities. This may be in line with your personal philosophy or religious beliefs, or just that you support certain causes. No matter the reason, charitable giving is a great way to help others. An added benefit is that giving...
Common Types of Business Disputes: How an Attorney Can Help
If you are running a business, then you probably know that disputes are an inevitable part of doing business here in Pennsylvania. Whether they concern customers, employees, suppliers, vendors, or even your own partners, you are probably going to run into a situation that is not easily resolved by a phone call...