Monthly Archives: October 2007
Real Estate Property Taxes: Guaranteed Inequities
Taxation has always been the bane of our existence. It is never popular in any form, though we may acknowledge that it is the lubricant without which governmental mechanisms cannot function and that it is one of life’s “necessary evils.” Constitutions which authorize the levying… Continue reading
Have You Considered Your Estate Plan Lately?
Estate planning: Next to a root canal, it is something most of us avoid studiously. Even though some time ago you may have planned your estate with a will, “durable” power of attorney, and advanced health care directive (“living will”), you really should go to… Continue reading
Elective Shares
In today’s society, estate planning is becoming more sophisticated. One aspect of this sophistication involves the manner in which a decedent leaves his assets. An individual may have an interest in a family business that he does not want to pass to his spouse (because… Continue reading
How Sweet It Is (But for Sour After Taste?)
A fascinating drama is unfolding in the federal District Court in Philadelphia involving the makers of sweeteners Equal (manufactured by Merisant) and Splenda (manufactured by McNeil Nutritionals). McNeil had adopted the advertising slogan for Spenda that it is “made from sugar, so it tastes like sugar”,… Continue reading
How Do You Spell Zoning Relief?
Whether you are a major real estate developer ready to build 300 new homes or a homeowner with a quarter-acre property who wants to build a deck in the back yard, there may come a time when you need some sort of zoning relief. In… Continue reading
One Advantage of a Limited Partnership
When starting a business (whether it is forming a business based out of your home, opening a small “mom and pop” store, or establishing a business where you buy and sell real estate), choosing the type of business entity to form (for example, an “S-Corporation”… Continue reading