FAQ
Frequently Asked Questions
We Are Here to Help
We understand you have a lot of questions and we want to help. That’s why we’ve created a growing library of questions with quick, comprehensive, answers to help.
Do you make house calls?
Yes. We will come to your home, another professional office, hospital, nursing home, or assisted living facility. A fee will apply to cover the additional travel time.
Why do I need a Will?
Under Pennsylvania law, your property is distributed to various family members if you die without a Will. In order for your wishes to be followed and to provide the necessary support to your immediate family, it is essential to create a Will.
Why do I need a Power of Attorney?
If you become incapacitated, it is important for your loved ones to know who should be making the decisions for you. Having a Power of Attorney also allows your family to handle your bills, responsibilities and transactions while you are unable to do so.
I want to transfer my farm, now what?
Congratulations! The first step is sitting down with an attorney to discuss your farm business and your plans for the future. Every family is unique, so we will help you develop a plan that works specifically for your family, giving you peace of mind and the next generation the resources to succeed.
What’s the point of an LLC?
An LLC provides protection between you as an individual and your business. If created and utilized correctly, the LLC will protect you from liability that the business may incur.
When do I need to do a 1031 Exchange?
When you are selling land or commercial property, there is capital gains tax on your profit from the sale. If you do a 1031 Exchange and immediately invest all the sales proceeds into a new property, you can postpone the capital gains tax, potentially indefinitely.
I just sold some property, can I do a 1031 Exchange?
Unfortunately, no. Although a 1031 Exchange is a fairly straightforward process, you must begin the paperwork before settlement on the property you are selling.
Why should I use an attorney to settle my relative’s estate?
Pennsylvania’s probate process is complicated and requires great attention to detail and deadlines. When you are coping with the death of a loved one, the last thing you want to focus on is paperwork and government documents. Working with an attorney ensures that nothing gets overlooked, filings are submitted on time and conflicts are dealt with smoothly.
I bought a residential property, can you do the settlement?
Yes, we can handle residential, commercial or agricultural settlements. We will prepare your agreement of sale, work with your lender and have all the documents ready for settlement at our office or on location.