Skip to Content

News & Resources

Category: Articles & Alerts

POST-ELECTION TAX PLANNING WEBINAR 11.17.2020

11/18/2020 | Events & Seminars, News & Resources

The Estate and Trust Tax Planning attorneys at Kaplin Stewart invite you to join them for a webinar to discuss the potential for tax policy changes in Washington now that President-Elect Biden has been declared the victor of the presidential election. As part of his campaign platform, President-Elect Biden released a tax plan that would significantly increase income and estate and gift taxes on high net worth individuals by completely or partially repealing many of the provisions of President Trump’s […]


Related Practices: Estate Administration

“REAL” ESTATE PLANNING: Estate Planning for Real Estate Developers and Investors

10/16/2020 | Articles & Alerts, News & Resources

Location! Location! Location! That’s the mantra which real estate owners hold as the key to determining a property’s value. However, to protect that property’s value, real estate owners need to understand the ever-important estate planning mantra: Timing! Timing! Timing! Real estate owners, including developers and investors, too frequently build substantial portfolios of real property and liquid assets, yet see the incredible efforts undertaken to create this wealth squandered by unnecessary and avoidable taxes and administrative expenses upon their disability or death. In part, […]

TIME IS RUNNING OUT FOR…2020 ESTATE AND GIFT TAX YEAR END PLANNING OPPORTUNITIES

10/12/2020 | Articles & Alerts, News & Resources

Introduction Drastic changes to the estate tax laws may be on the horizon. The pending outcome of the upcoming presidential and congressional elections, set against the backdrop of an ever mounting national debt, has fueled speculation that the amount of wealth which can be protected from the federal estate, gift, and generation skipping transfer (“GST”) taxes may be sharply reduced. These exemption amounts, which were increased (until the end of 2025) as part of The Tax Cuts and Jobs Act of 2017 […]

COVID-19 PROPERTY TAX ALERT FREQUENTLY ASKED QUESTIONS

5/15/2020 | Articles & Alerts, General, News & Resources

Will there be a freeze on property tax increases? Probably the opposite. Millage rates will likely increase. Philadelphia is facing a $649 million budget deficit. While property tax “freeze” legislation has been proposed, it is doubtful that Governor Wolf would sign such legislation given the objection of school districts. I expect school districts to be more aggressive in appealing property assessments given the shortfalls in revenue expected by municipalities and school districts. I have a pending tax appeal in the […]

CONSIDER THESE ISSUES BEFORE RESTARTING CONSTRUCTION WORK IN PENNSYLVANIA UNDER COVID BASED REGULATION

5/15/2020 | Articles & Alerts, General, News & Resources

Construction work in Pennsylvania not previously restricted by governmental order is set to restart beginning on May 1. However, that work will be subject to changed circumstances and conditions and new governmental guidelines and restrictions. Whether you are a general contractor, construction manager, or subcontractor, there are important issues that you should consider before re-commencing project work. Here is a summary of some of the more significant issues, and questions that should be considered before work is restarted. Changed Conditions […]