When is personal property of a former roommate considered abandoned in Philadelphia, PA?
Joseph's answer
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Answered on October 22, 2013
Good question. I think a smart way to handle this would be to think about it like you are a landlord. If you want to follow the lead of landlords...
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I've developed a software which I've paid 250K. My "partner" invested 5% of it and nothing else. How to protect my investment?
Joseph's answer
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Answered on October 22, 2013
You need an agreement in place with your partner. It may be that he has only invested 5%, but it may also be that he believes his contribution is...
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Do I have to pay taxes if I am transferring $300,000 to my child in 2013?
Joseph's answer
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Answered on October 22, 2013
PA does not have a gift tax. Federal is where you have to worry about getting taxed. You can give up to 14k without having to report it to the...
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My mother past away 20 years ago, and she does not have a headstone cause my family is always giving me a excuse.
Joseph's answer
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Answered on October 22, 2013
What deed are you referring to, that the funeral home is requesting?
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Business Formation
Joseph's answer
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Answered on October 22, 2013
You need to give us a better framework for what you are asking. I am hearing that you are trying to attack the legitimacy of a mortgage holder who...
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I AM INHERITING $ FROM MY MOM. I AM MARRIED, WOULD I BE LIABLE FOR ANY OF MY MATE'S MEDICAL BILLS?
Joseph's answer
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Answered on October 22, 2013
To add to Ms. Holton - did you co-sign for anything related to his medical debt?
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My mother passed away in July 2012. I was 19 and my sister was 16. I am now 20. My father does not claim me, provide for me.
Joseph's answer
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Answered on October 22, 2013
I have to agree with Ms. Holton. Unless you are named on the insurance policy, or if your father specifically was NOT named, it sounds like the...
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Are there any types of trusts (revocable or irrevocable) that can be utilized as part of a Medicaid/Asset Protection plan?
Joseph's answer
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Answered on October 21, 2013
There are certainly good options in terms of trusts and other financial vehicles you can use to handle property transfer for medicaid planning - in...
Is there a legal limit, in PA, on how long an estate may remain open before an attorney must get it settled. If so, how long?
Joseph's answer
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Answered on October 21, 2013
Generally, there is no time limit on this, in fact I just last week helped to probate a 25 year old open estate in order to clear up some real...
My landlord did not have a valid rental license, and is now threatening to sue for damages to his property. Do I have a way out?
Joseph's answer
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Answered on October 21, 2013
Failure to have the rental license prevents the Philadelphia landlord from filing an eviction against you. However, you cannot use that as a...
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