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 […]

“Due on Sale” clauses found in many mortgages generally allow a lender to demand payment in full of a loan, upon the transfer of an interest in the mortgaged property. The Garn St. Germain Act (12 U.S.C. Section 1701j-3) provides that regardless of the agreement between a borrower and lender, a lender may not enforce […]

Fitzpatrick Lentz & Bubba, P.C. (FLB) is pleased to announce that attorneys Anthony (“Sonny”) P. Beltrami and Justin K. Abodalo have joined the Firm as Associates. Their hiring is part of an ongoing long-term strategic growth and expansion plan, aimed at strengthening the Firm’s core business areas. “While 2020 has been a challenging year, we’ve […]

Fitzpatrick Lentz & Bubba, P.C. is pleased to announce that Peter E. Iorio has been named a Shareholder of the Firm. Mr. Iorio is a member of the Firm’s Estate Planning & Administration group. His practice focuses on estate planning, administration of estates and trusts, taxation, beneficiary representation and business succession planning. Mr. Iorio has extensive experience […]

In the estate planning world, people often wonder whether their assets should be held in a Trust.  The answer, as is often the case with legal matters, is “it depends.”  Trusts are a valuable tool for any estate planner.  In the right circumstances, establishing a Trust provides significant benefits for an individual and her family. […]

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  Existing estate plans may be outdated due to […]

For the third consecutive year, Fitzpatrick Lentz & Bubba, PC has been named by the readers of Lehigh Valley Business both the Top “Business Law Firm” and Top “Mergers & Acquisitions Firm” in the region.  Thousands of votes were cast in Lehigh Valley Business’ reader rankings, and the results were published on October 7, 2019. […]

Fitzpatrick Lentz & Bubba, P.C. (FLB) is pleased to announce that attorneys Juan P. Camacho and Richard S. Calabrese, Jr., have joined the Firm as Associates. Their hiring is a continuation of the Firm’s long-term strategic expansion of its Litigation, Employment, Corporate, Taxation and Estates Groups. “We are in the second year of our strategic expansion, […]

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 […]