Month: June 2017

Snowbirds and Taxes

Where you live and where you are taxed.  Many folks like to spend the cold winter months in Florida, or some other warm state, and return to northern climates for the summer. Many of these folks think that their tax status is determined by the number of days spent in each location and claim residency… Read More

Stay Away From Expensive Joint Accounts!

Few things cause more trouble than titling assets jointly, especially bank accounts. What does it mean if your name is on someone else’s bank account? It depends. For all deposit accounts, the rights of the parties to a multiple party account are determined under the Pennsylvania Multiple-Party Account Act. Here is the applicable provision: 2010… Read More