From the monthly archives: December 2013

Getting 2014 started on a strong financial footing should include a review of your credit report.

The government passed a law several years ago requiring each of the three nationwide consumer credit reporting companies – Equifax, Experian and TransUnion to give you a free credit report every 12 months. The reports can be requested on […]

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Life Lived Forward

On December 19, 2013 By

Next year, Willow Valley Communities will celebrate its 30th anniversary. As we approach this significant milestone, we have begun to reflect on where we’ve been and where we are going.

Emerging from that reflection, we are delighted to share a new name for Restart Retirement that we believe more fully celebrates the spirit of vitality […]

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This holiday season, we’re not going home, we’re giving home —  to patients and families who come to the area for specialized medical care. It’s through an organization called Hosts for Hospitals, and if you have extra bedrooms, you can give home, too.

Hosts for Hospitals is a non-profit organization that provides free lodging […]

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I recently gave my “Pulse of the Market” presentation where I provide my insights on what has been happening in the financial markets. The people in the audience were primarily retirees.

I started by pointing out that stocks, as measured by the S&P 500 index were up nearly 20% over the past 12 months. During […]

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Inheritance Tax Treatment of Gifts

Transfers made by a decedent within one year of death are brought back into the estate for the purposes of the Pennsylvania Inheritance Tax. You can’t avoid the inheritance tax by giving away everything you own right before you die.

There is an exemption of $3,000 per donee per calendar […]

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Pennsylvania has an inheritance tax which is an excise tax on the receipt of inherited property by a beneficiary.


Rates depend on relationship

For property passing to spouses, zero percent. Prior to 1995, transfers passing to spouses were taxable at the six percent rate. This was a very controversial tax and was finally repealed […]

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