Pennsylvania residents should be aware of how the Tax Cuts and Jobs Act will affect their estate plans. The legislation allows individuals a short-term opportunity to reallocate a substantial amount of money without being assessed federal estate, generation-skipping transfer or gift taxes.
For parents in Pennsylvania dealing with a former partner who is not paying child support, the state system can be complicated and difficult to understand. The story is often the same for parents in other states as well. In response to this, a federal system is being developed to network child support enforcement throughout the United States.
Your divorce is between you and your spouse. You are not divorcing your children. Nevertheless, the kids seem to be at the heart of many of the decision you, your spouse and the family court make these days. Chief among these decisions is the matter of custody.
In December 2017, Congress passed a highly-debated and widely-discussed tax bill. Among many other sweeping changes, there could be effects on estate planning for people in Pennsylvania and throughout the country. The bill contains a few provisions in that regard.
Some Pennsylvania parents may be wondering if they will be able to maintain a relationship with their children after a divorce. In most cases, a parent is allowed to have custody or other rights to a child. Physical custody means that a child spends the majority of his or her time with that parent. Legal custody refers to the parent who has the right to make important decisions about a child.