by Mallory Schowe | Aug 7, 2023
Clients interested in assisting a family member financially can consider making an intrafamily loan. To be respected as a loan, rather than a gratuitous transfer, certain formalities should be followed. Here, we outline those formalities. What is an intrafamily loan?...
by Christine Stackhouse | Jul 28, 2023
Consistent with this administration’s stated antitrust priorities, both the Federal Trade Commission (“FTC”) and the Department of Justice Antitrust Division (“DOJ”) have made recent proposals that, if enacted, would significantly expand the scope of merger review in...
by Mallory Schowe | Jul 27, 2023
Clients often ask us how to plan for educational expenses for their children or grandchildren. According to the College Savings Plans Network, at an inflation rate of 6%, it will cost about $276,954.00 to send a child who is currently a toddler to an in-state, public...
by Mallory Schowe | Jul 19, 2023
“This irrevocable trust no longer meets our needs, what options do we have?” This is a question that clients periodically ask. A recent Pennsylvania Supreme Court case, In re Trust Under Deed to Walter R. Garrison, illustrates a trend among states to grant...
by Kelly Sweeney | Jul 13, 2023
Private foundations, also known as “family foundations,” can serve strategic wealth planning goals for high-net-worth individuals while also serving charitable goals. However, private foundations require oversight and annual reporting, and administering a private...
