The basic concept of a phantom stock plan involves a company’s agreement or promise to pay an employee or other participant in the plan an amount equal to the value of a certain number (or percentage) of shares of the company’s stock.
Healthcare and the Family Business Seminar
You know that Healthcare is changing but how do you keep up with these ‘shifting sands’ of rules and regulations?
Five Common Succession Planning Problems
Learn about the five common succession planning problems that include inadequate communication, an over-promising parent, unprepared heirs, delayed planning, and lack of liquidity.
Five Common Estate Planning Mistakes
Estate Planning is a process whereby you provide for you and your loved ones if you become disabled, and upon your death you give what you own, to whom you want, when you want, and how you want them to receive it.
Have You Had Your Special Needs Trust Reviewed Lately?
Whether you are a trustee or a parent, it is a good idea to have the SNT reviewed periodically (ideally, annually) with your planning team.
A Six Month Window…2012 Gifting Opportunities
The 2010 Tax Relief Act gives you a chance to transfer substantial wealth free of tax, but you must act quickly.
Why Clear Estate Planning is Essential
The team at Cherewka Law firmly believes that proper estate planning is an important way to prepare for the future while ensuring an outcome you can control.
Top 10 Mistakes in Buy/Sell Agreements
The buy-sell agreement arguably is the most important legal agreement for closely-held entities. The items listed below are common errors we see in these agreements, or items often not addressed.
Guide to Being an Executor of An Estate
The administration and distribution of estate assets following the death of an individual will vary time and cost-wise depending on the structure of the estate (e.g. size, nature of assets, circumstances of the heirs, and whether estate is in trust or probate form, etc.) with the form of the estate (trust or probate) being the most substantial of the factors.
The Pennsylvania Inheritance Tax
Inheritance Tax is imposed on the value of a decedent’s estate transferred to beneficiaries by will or intestacy. It is calculated at a percentage of the value of the assets transferred, which is determined by the relationship of the heir to the decedent and the decedent’s date of death.
Check Out Our Downloadable Guides
Our team has the knowledge and experience to provide you with sound legal advice and representation.
About Cherewka Law
We are a law firm in Harrisburg, PA dedicated to providing comprehensive, highly personalized planning services to individuals, couples, families and businesses.
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