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News & Resources |
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Client Alerts & ArticlesAt Mette, Evans & Woodside we strive to provide information and our helpful interpretations of the latest issues and news that may impact our clients. Our most recent Client Alerts shown below. Click on the blue headlines to read the entire article. The Perils of Joint Bank Accounts There are several risks involved when adding another person to a bank account for convenience or "just in case." Before creating a joint bank account, one should be aware of some of the potential consequences of that decision. How to Move a House When Attorney Paula Leicht inherited a home that had been in her family for five generations, the question wasn't how to move in to the house, but rather how to move the house itself. Progress had encroached on the family homestead with traffic passing by 15 feet from the front door. Read her story to find out how it was done and see photos of the process. It's Not Just About Pro Bono Lawyers need to be more aware of bar charities - that have a relationship to lawyers, the legal system or the professional organizations representing attorneys or paralegals. We ought to provide more support to assure the sustainability of the many projects and charities that have been created and supported by our legal community. Randall Hurst Authors Article For Pennsylvania Bar Association Attorney Randall Hurst recently contributed an article to the Pennsylvania Bar Association's Environmental & Energy Law Section newsletter. In the article, he discusses the new Chapter 92A discharge elimination standards, what they mean, what he anticipates to be some of the problems, and potential solutions to those problems. National Labor Relations Board Announces New Rules Filing for bankruptcy is a personal decision that can only be made by you, and no one should ever tell you that you must file. The circumstances of each case are unique. Accordingly, there is no "checklist" that must be satisfied in order to qualify for bankruptcy. However, in addition to the legal considerations, there are a number of factors that should be considered by you and your bankruptcy attorney when making this decision. Owners of commercial and residential properties should be aware that they are entitled to a reduction of the assessment for their properties in the event market conditions justify a lower value. The Developer's To Do List While Waiting for Money to Thaw The time needed to push a building through project development to completion sometimes leaves little room for addressing fundamental management issues. Jeff Ernico offers ways for developers to make good use of their time while waiting for project money to thaw. New IRS Carry-Over Basis Rules Until the start of 2010, thanks to step-up basis rules, it was possible to avoid capital gains tax on property owned by a decedent's estate. However, effective January 1, 2010, the step-up basis was terminated and replaced by carry-over basis rules which impact estate tax liability. The Pennsylvania Home Improvement Consumer Protection Act, which took effect on July 1, 2009, is designed to protect homeowners from unscrupulous contractors and to establish penalties against contractors who violate the Act. A year later, some legitimate contractors still do not know the requirements of the Act or whether they are violating the Act in the way they do business. The 2010-11 Estate Tax Debacle Mette, Evans & Woodside takes pride in keeping its clients aware of any significant changes in the law that may impact their affairs. In this regard, we wanted to share with you news of the unanticipated repeal of the federal estate tax at the end of 2009 which has caused quite a stir. In fact, there are many people who have called it a "debacle." The Securities and Exchange Commission ("SEC") recently adopted final rules that require registrants to make new or revised disclosures in their proxy statements concerning compensation, stock options, and director qualifications along with other matters. The new Pennsylvania law, providing for electric power choice, goes into effect January 1, 2010. Choosing an electric supplier can be confusing. Be sure that before you sign any contract for electric service that you have it reviewed by legal counsel. PA Home Improvement Consumer Protection Act The new Act requires home-improvement contractors to register with the state and include standard information and terms in their contracts. Emergency Economic Stabilization Act of 2008 On Oct. 3, 2008, President Bush signed into law the Emergency Economic Stabilization Act of 2008. |
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In The NewsMette, Evans & Woodside Expands Bankruptcy and Creditor's Rights Practice Areas Firm Adds Recent ActionsSimpson Obtains Summary Judgement |