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Monthly Archives: February 2018

Monthly Archives: February 2018

Significant Changes to Gift and GST Tax

The newly enacted Tax Cuts & Jobs Act makes significant changes to the Gift and GST taxes.  One such change is that the §2503 gift tax exclusion amount will increase to $15,000 after five long years of being at $14,000. Additionally, the Tax Cuts & Jobs Act increases each taxpayer’s lifetime exemption from $5,490,000 in […]

Pennsylvania Child Support – Part I – Income Available for Support

Both parents of a child are obligated to provide financial support for a child. There is a multi-step process involved in determining child support in Pennsylvania. First, income is determined. Next, the base child support amount is calculated. Then, allowable adjustments are considered. This is the first in a three-part series on these steps. The […]

Should I Talk to the Insurance Company After a Car Accident?

Handling a lot of motor vehicle collision cases, I am often asked by injured motorists this question. First, when we are talking about “The Insurance Company,” it is important to make sure we understand that in a usual, two-vehicle accident, there will be two insurance companies involved (or two adjusters from the same company if […]

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