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Monthly Archives: April 2016

New technology brings efficiency to commercial real estate

4/30/2016 | Real Estate Blog

Technological innovations available to real estate brokers and agents allow them to access data and communicate with buyers and sellers more effectively than ever before. No longer do Pennsylvania agents who are showing a property have to wait until returning to their office to access the latest comparable properties. Mobile technology brings the office to the field to allow the agent to immediately access the data and show it to the prospective buyer.

Did Prince fail to create an estate planning package?

4/29/2016 | Kaplin Stewart Blog

Very few Pennsylvania residents will have escaped media coverage of the passing of one of America’s great performers. When Prince died recently, his family was thrown into the chaos of having to sort through his affairs, as is the case for so many families who experience a sudden loss. It appears that the musician did not have an estate planning package in place, as one of his siblings has asked the court to assign a special administrator to begin working […]

Creative estate planning for second marriages

4/22/2016 | Kaplin Stewart Blog

One of the most interesting things about estate law is the fact that no two Pennsylvania individuals or families will share the exact same set of needs when it comes to planning their estates. Estate planning is incredibly flexible and easily customizable. There are options available to suit a wide range of goals and priorities.  Consider the example of a man who has built a successful business and is preparing to marry for the second time. He has two children, […]

Refinance of commercial construction loans may be possible

4/21/2016 | Construction Blog, Real Estate Blog

Throughout the Philadelphia area there is a demand for real estate. The way in which the property will vary depending on a variety of factors including where it is located. In many areas, mixed-use developments are popular. This type of development was recently completed in Philadelphia’s Center City. As is the case with many developments, the funding of the construction was a major component.

Can a surety be liable for violation of the bad faith statute in Pennsylvania?

4/20/2016 | Construction Blog

The issue of whether a surety can be liable for violating Pennsylvania’s bad faith statute is one that often comes up in construction cases. Aside from the fact that bonds – and thus sureties – are most commonly found in construction cases, the remedy of treble damages and attorneys’ fees (mostly the second part) are attractive to litigants. Although there is very limited case law on the issue in the Pennsylvania courts, the answer to the question is presently no.