News & Analysis as of

Marital Assets Gifts

Obermayer Rebmann Maxwell & Hippel LLP

Yours, Mine or Ours? Gifts, Inheritance, and Divorce in Pennsylvania

During the divorce process, parties are tasked with determining how to equitably divide their marital property. Typically, “marital property” is defined as any property acquired between the date of marriage through the date...more

Stange Law Firm, PC

Does It Matter How Property is Titled in Divorce?

Stange Law Firm, PC on

Many individuals wonder whether it matters how property is titled in a divorce. In other words, some theorize that if an asset is in their individual name, it might mean that they will receive this asset in a divorce. It...more

Dickinson Wright

5 Tips for Keeping Gifts and Inheritances Received During the Marriage as Separate Property

Dickinson Wright on

The presents are unwrapped, and gifts exchanged. But that gift with your name on it, or that new vehicle in the driveway with a big bow on top, is it really yours? Or, in the event of a divorce or legal separation, is it...more

Fox Rothschild LLP

Superior Court Weighs In On Uniform Gifts v. 529 Plans

Fox Rothschild LLP on

In a precedential decision issued on March 16, a panel of the Superior Court offered a helpful analysis of how plans established under the Pennsylvania Uniform Transfer to Minors Act, (PaUTMA, formerly PaUGMA) differs from...more

Flaster Greenberg PC

What is a Medicaid Penalty Period?

Flaster Greenberg PC on

Medicaid is a joint federal and state program that provides funding for long-term care in a nursing home, an assisted living facility, an adult medical day care program or at home. As a means-tested public benefit program,...more

Jaburg Wilk

Inadvertent Transmutation - How What was ‘Mine’ became ‘Ours’

Jaburg Wilk on

We frequently represent clients who have engaged in some type of transaction with his or her spouse during the marriage that inadvertently causes them to lose certain rights to property unknowingly. This often happens in the...more

Stange Law Firm, PC

Gift Affidavits Important for Vehicle Transfers in Divorce

Stange Law Firm, PC on

In a divorce, motor vehicles can be one important piece to a divorce. In certain cases, there can be all sorts of motor vehicles in play. Individuals often just think about the cars, SUVs, vans or the trucks. But many forget...more

Adler Pollock & Sheehan P.C.

Insight on Estate Planning - August/September 2015

In This Issue: - Premarital planning: Protecting your assets without a prenup - The ABLE account: A good alternative to a special needs trust? - Make net gifts to reduce your gift tax rate - Estate Planning...more

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