Inheritance tax rates in Pennsylvania vary depending on the type of beneficiary. The tax collected on an inheritance is 4.5% for those who are direct descendants and anyone who is considered to be a lineal heir. Siblings must pay 12% in taxes. Other types of heirs...
What happens to a car loan debt after you die in Pennsylvania?
The point of putting together an estate plan is to ensure that your loved ones receive something of value after you have passed away. While it is beneficial to ensure that your loved ones receive your assets, estate planning also helps ensure that your debts are paid...
How does estate administration work in Pennsylvania?
The legal process of settling the estate of a recently deceased loved one can take family members off guard, no matter how much they have prepared for this to happen. For the children of the loved one, dealing with lawyers, taxes and probate is a dizzying and complex...
These are the basic duties of an estate administrator
It’s tough to move on after losing your parents. You’re probably finding yourself struggling to cope with the loss as you’re flooded with memories. Yet, as difficult as it can to deal with the realities of life after you’re parents are gone, you also have to figure...
What to know before serving as executor to an estate
Taking on the role of executor to a family member or loved one’s estate can feel like a great honor. However, agreeing to act as the executor or personal representative comes with far more responsibility than most people realize. The executor to an estate doesn’t just...
Estate Planning FAQ’s: Stroudsburg Probate Law
Estate Planning Law FAQ’S At the law firm of Newman Williams, we offer our clients comprehensive legal services in all areas of estate planning. Serving the Pocono region for nearly 90 years, our firm has the experience to help you develop an estate plan that helps...
Attorney Horvath was Featured Speaker at Estates Seminar
Attorney Horvath Speaking at PMAR SeminarOn April 20, 2016, Newman Williams Attorney Dave Horvath gave a presentation to the Pocono Mountain Association of Realtors (PMAR) on the legal issues of deceased owners of Pennsylvania Real Estate. The seminar was held at the...
What Does a Living Will Cover?
STROUDSBURG ESTATE PLANNING LAW Living wills are not just for your grandparents. In fact, younger residents in Pennsylvania just like you may want to consider the usefulness of having a living will, even if you aren’t among any of the higher risk groups such as the...
Pennsylvania Estate Planning
The creation of a thorough, well-prepared estate plan may be among the greatest gifts you could ever leave for your loved ones. Having a complete estate plan in place allows you to clearly communicate your wishes with regard to how your property should be distributed...