October 2018 – The Chester County Community Foundation marked its 25th Anniversary and Annual Meeting on Monday, October 22, by honoring two outstanding individuals with the Super Door Opener Award. Louis N. Teti, Esq. of West Chester and L. Peter Temple, Esq. of Kennett Square were recognized for their ongoing efforts in opening doors to legacy […]
Kristen R. Matthews, Esquire- My husband and I have three (3) children together. Suppose despite our best intentions (life is busy after all!) we just haven’t gotten around to doing our Wills yet. If I passed tomorrow, everything I own would just “automatically” pass to my husband, right? Clients are surprised to learn that in […]
By Stephen M. Porter, Esquire– An often-overlooked part of the estate planning process is the updating of beneficiary designations. Such designations control how an asset will be distributed upon the owner’s death. Typically, these designations are made when certain types of assets are first purchased, or when accounts are opened, but they are often forgotten […]
MacElree Harvey, Ltd. is pleased to announce that Louis N. Teti has been selected as Honorary Chair of the 3rd Annual Paoli Hospital Auxiliary’s Fine Art Show. Opening the weekend of October 6, the 2-day show will feature the work of Jan Wier and original art expression of 50 local and regional artists. Attendees throughout […]
By Stephen M. Porter As an estate planning attorney, I have been asked frequently about the impact that the Tax Cuts and Jobs Act of 2017 (TCJA) will have on planning due to the doubling of the exemption for the estate, gift, and generation-skipping taxes. As a result of this change, an individual can transfer […]
Lou Teti, Partner, and Chair of MacElree Harvey’s Estate Planning Practice talked with VISTA Today about growing up in Coatesville and is featured in the latest edition of the Chester County Leadership profile. As a life-long resident of Chester County, Lou Teti recounts how his childhood influenced his strong work ethic and life path. Click […]
By Joseph A. Bellinghieri Now that we are past the holiday season, if you are like many Americans it is time to start thinking about filing your Individual Income Tax returns. This year the deadline is April 17, 2018, to file your 2017 taxes. However, in the event you need additional time, you have the ability […]
February 2018 MacElree Harvey, Ltd. is pleased to announce that Stephen M. Porter has joined the Firm’s West Chester office as an associate in the Estate Planning Department. Porter will work closely with clients across Pennsylvania, assisting them with various estate planning matters, including estates & trusts, tax planning, and elder law. “I am extremely […]
By Isaac J. Jean-Pierre November 2017 An irrevocable trust is defined as a trust that cannot be terminated by the settlor once it is created. As such, a trustee or beneficiary may be under the impression that once the trust is created, the terms of the trust remain intact in perpetuity. In reality, that is not […]
Attorney John F. McKenna who chairs the Firm’s trust and estate litigation practice group will present on the topic “Orphans’ Court Mediation” at the Chester County Bar Association’s Alternative Dispute Resolution Section meeting on March 13. Mr. McKenna will discuss several topics such as the new Orphans’ Court Rules, the Orphans’ Court Mediation Program, as well as […]
