Category: Newsletters

Penalty Free IRA Withdrawals

Back in the early 1980s the Individual Retirement Arrangement (“IRA”) became a popular vehicle for individual workers to sock away up to $2,000 annually (the limit is now $3,000, soon to go up to $4,000) without current taxation. Earnings on these contributions would also accumulate… Continue reading

In Vitro Fertilization – – Who Pays?

With the relentless grim news and crises we face on a daily basis, sometimes we tend to trivialize the marvels in our midst. Among them are the many monumental scientific advances which have enhanced our daily existence; stunningly exotic on their announcement, they often become… Continue reading

Caveat Emptor: Protection Afforded by the Contingency

The purchase of residential real estate is the largest transaction many people ever engage in. All too often, the details of the written agreement become obscured by all the decisions that confront the buyer upon the purchase of a home. The purpose of this article… Continue reading

Welcome Sefco

BC&B is proud to announce that one of our corporate clients, Sefco AG, a Swiss manufacturer of cryogenic equipment, has commenced operations of its U.S. subsidiary, Sefco America, Inc. Sefco America is subleasing space here at 630 Freedom Business Center and its local office will… Continue reading

Latin Lovers

When a complaint is filed in court, there is often an allegation that the individual (non-corporate) parties are sui juris. What does this mean? If it is alleged that defendant John Doe is sui juris, it simply means that he is not under any legal… Continue reading

Property Tax in Pennsylvania and the Impact of Slot Machines

Pennsylvania’s local tax system has roots in English history and in the colonial times; however the present local tax system dates back to the mid-1960’s with the passage of legislation that allows local communities to raise their revenue from a myriad of tax sources given… Continue reading

The Right of First Refusal: No Time to be Casual

One of the most commonly used devices in real estate is the right of first refusal (“ROFR”). A tenant may be given a ROFR by a landlord to buy the leased premises if the landlord wishes to sell at any time while the lease is… Continue reading

Queen’s English He/She/It/Their/Them

The rule is that which requires pronouns to agree in case with the noun (or pronoun) it refers to. “All of the boys wore their coats.” Both all and their are plural, and all is well. But in “Everyone must wear their coats,” everyone is… Continue reading

Expungement – Oops, Don’t Do It Again

Say your son is away at college, and one night you get a call that he’s been picked up for DUI. Although he only had a few drinks, he is nevertheless guilty of the offense. After you’ve finished strangling him, you hire a good lawyer… Continue reading

Changes in Medicare and Prescription Drug Access

There has been much talk in this year’s Presidential Election about the Medicare Prescription Drug Law. Passed in December 2003, the Medicare Modernization Act, as it is being called, provides for a temporary benefit, the Prescription Drug Discount Card Program which is in effect now… Continue reading