Edward J. Lentz is Chair of the Estate Planning & Administration of Estates & Trusts Group. Mr. Lentz has worked extensively in the charitable area, the closely-held business area, the estate tax, gift tax and generation-skipping tax areas and other complex estate planning areas, including the use of GRATS, Family Partnerships/LLC’s, Intentionally Defective Grantor Trusts and Qualified Personal Residence Trusts.
Less than 100 days into President Biden’s presidential term, he has proposed a sweeping tax and spending policy. While this plan has yet to be debated or passed, it does give a good indication of what impact the plan may have on U.S. businesses and individuals. Corporate & Personal Tax Rates As a reminder, under […]
We hope you are staying well. While our physical offices are currently closed due to Governor Wolf’s order, our Estate Planning attorneys are working remotely to make updates to our clients’ estate plans and are available via phone and email. Pennsylvania law does not require many estate planning documents to be formally executed, so we […]
What happened? On December 20, 2019, President Trump signed into law the Setting Every Community Up for Retirement Enhancement Act (the “SECURE Act”). The SECURE Act, effective January 1, 2020, significantly affects many clients’ estate plans, especially as it relates to retirement accounts and beneficiary designations. Existing estate plans may be outdated due to […]
In early 2018, Ed Lentz, Chair of the Firm’s Estate Planning and Administration of Estates and Trusts Group sent clients a letter relating to the Tax Cuts and Jobs Act of 2017 and the impact of that Act on estate planning. We thought that we should update you and discuss three specific situations where actions are […]
The Greater Lehigh Valley Chamber of Commerce recognized Fitzpatrick Lentz & Bubba’s 30th Anniversary with a Milestone Award at its Annual Meeting on Wednesday, November 8. Milestone Awards are bestowed upon prominent Lehigh Valley organizations that have made a significant, positive impact on the region. Joseph A. Fitzpatrick, Jr., Edward J. Lentz and Joseph A. Bubba […]