Legal Watch

SECURE Act 2.0: How It Could Affect Your Retirement Plans

Aug 24 2022
u.s. capitol

There is a potential update to the SECURE Act on the horizon that could have a big impact on your retirement plans. Congress may often seem slow to act, but several laws have been proposed and passed, and they could …

Posted in Estates and Trusts, Legal Watch

Pennsylvania Decennial Reports Are Past Due: Take Action Now If You Missed the Deadline 

Aug 10 2022
hands signing document

In the Commonwealth of Pennsylvania, corporate entities are not required to file annual reports. They are required, however, to file a decennial report during the calendar year 2021. What is a Decennial Report? The decennial report is a report filed …

Posted in Corporate, Legal Watch

4 Documents You Must Have Ready Before Your Child Goes Off To College

Jul 26 2022
Young woman moving into college dorm

If you have a child heading off to college, it can feel like there are a million things you need to get before they leave; from dorm room essentials, to textbooks, to a stash of their favorite snacks. But here …

Posted in Estates and Trusts, Legal Watch

5 Reasons to Formally Dissolve Your Business Entity

Jun 29 2022
business owner signing documents to dissolve business

I have the privilege of representing business owners in many capacities. A favorite service that I provide to my clients is assistance with business formation. For most people, this is an exciting endeavor because they are starting a new business …

Posted in Corporate, Legal Watch

Krista Kochosky Will Instruct Indemnity and Insurance Course

May 03 2022
two men with laptops and notebooks

Master the Ins and Outs of Indemnity and Insurance Coverage Krista Kochosky, who leads the Real Estate Practice at The Lynch Law Group, will join a panel of experienced commercial litigators to present the Pennsylvania Bar Institute Course, The Role …

Posted in Continuing Legal Education Seminars, Corporate, Events, Legal Watch

Planning for 2022: Tax Updates for a Happy New Year

Dec 13 2021
wooden blocks showing transition from 2021 to 2022

With a new year approaching, the IRS has released 2022 figures for the federal lifetime gift and estate tax exemption, as well as the annual gift tax exclusion and others. Despite concerns that President Biden will significantly reduce the federal …

Posted in Estates and Trusts, Legal Watch

Tax Update: The Build Back Better Act

Nov 17 2021
u.s. capitol

The Build Back Better Act was recently narrowed by President Biden. On October 28, 2021, House Bill H.R. 5376 lowered the originally proposed $2.1 trillion tax increase to $1.85 trillion.   Recently, the House of Representatives issued new draft legislative text. …

Posted in Legal Watch

New EEOC Guidance Helps Employers Navigate Religious Exemptions to Vaccine Policies

Nov 15 2021
Vial of COVID-19 Vaccine

On October 25, 2021, the Equal Employment Opportunity Commission (EEOC) updated its employer guidance regarding COVID-19, “What You Should Know About COVID-19 and the ADA, the Rehabilitation Act, and Other EEO Laws,” by adding Section L, which addresses questions relating …

Posted in COVID-19 Updates, Labor and Employment, Legal Watch

Three Essential Steps to Business Succession Planning: Step 1

Nov 15 2021
dart on bullseye

What is business succession planning? If you have been actively involved throughout your career in building your business and overseeing its continued success, thinking about retirement can call for answers to difficult questions. Your situation may involve a child who …

Posted in Business Succession Planning, Estates and Trusts, Legal Watch

Three Essential Steps to Business Succession Planning: Step 2

Nov 15 2021
group in professional attire reviewing documents in meeting

There are three essential steps to developing a business succession plan. Define your long-term personal and business goals. Develop a management plan for the business. Design an estate plan that transitions ownership of your business and meets your goals. In …

Posted in Business Succession Planning, Corporate, Legal Watch