Yes, You Need an Estate Plan

A photo of an Estate Planning law book

Estate Planning

You don’t have to be part of the ultra-rich living in Beverly Hills to think about how to preserve your family’s wealth. Careful planning can ensure that your estate can be dispersed to your wishes after you’re gone, regardless of how much you own. It can also ensure that funds are not tied up in uncertainties over the administration of a probate or worse lost in taxation and other expenses.

Although it can be a difficult conversation to talk about plans for after your death, an estate plan will minimize confusion and stress for loved ones after a death. Your clear plan will provide a path for them with the least amount of delay for transfer of assets without involving costly court fees. Media coverage of high-profile court cases can give you a taste of what would lie in store for your estate without proper documentation.

Even a basic will would protect your wishes. While you’ll want to revisit these documents after important life changes (marriages, births, divorces, etc.), you should still periodically review them with a trusted attorney to ensure they are still accurate reflections of your wishes.

Most importantly, you should not wait to create these documents until you’re “old.” Without this becoming an Oprah rerun about every day being a gift, you don’t need me to tell you there are no guarantees on how long you’ll live.

We can help provide the peace of mind that comes with comprehensive estate planning. There are many different ways to preserve wealth and avoid as many federal and state taxes on the transfers as possible. To review your estate planning options, call us at 724-216-0704 or email us at john@jacochranlaw.com.

A photo of window etching

Business Taxes

Business taxes. Are you prepared? The government shutdown is over just in time for tax season. Find that timing kind of convenient? Yeah. Me, too.

No matter how you feel about ‘building the wall’ chances are you aren’t interested in sending more tax dollars than necessary to the federal government from your business’s income. The pop-up booths in the aisles of big box stores are fine for people with basic W-2 incomes and simple deductions like interest paid on mortgages and student loans. But you’re not basic.

You have complex business situations that can create problems if you don’t know which forms to complete and how the rules change from year to year. As a business owner, you need someone with years of experience fighting for your every dollar. Someone who will be with you the entire year and who fully understands your special situations, and solves any discrepancies should they arise. Maybe you need to file an extension to get all those receipts in shoeboxes sorted out, or want advice on if you can write off any portion of that new vehicle you bought last year.

The best time to get started is before you’re contacted by the Internal Revenue Service. Already have an issue that needs resolving? That’s okay, we can help with that, too!

We’ll make sure you pay the minimum necessary to settle your financial obligations to the IRS. Schedule a personalized assessment of your tax health today. Call us at 724-216-5180 or email us at john@jacochranlaw.com.

New Year, New Look

Welcome to the New Year!

If you’re a returning visitor to our site, you may notice that things look a little different today. Like many each new year, I’ve had a ‘resolution’ to update the website and make it more useful to my clients. This year, I decided 2019 is time to take the upgrades off the ‘someday list’ and make it a real action today.

Even with our new look online, our commitment to offering our clients the best possible results remains unwavering. We still provide the same outstanding responsiveness and dedication to our clients (please see our Google reviews.)

Are you ready to make a commitment to your important resolutions?

Sometimes we need a little help from others to make progress towards our goals. For example, I couldn’t manage the upgrades to this site by myself due to time constraints, and a lack of proficiency in the field of web design. I had to call in experts. If you find yourself in need of assistance with tax, estate, or business law, you’ve come to the right place.

Maybe this is the year you resolve any outstanding tax situations. We can help! Together we’ll minimize your tax debts while complying with federal and state tax laws.

Perhaps you’re ready to create an estate, a will for your family, discuss business success plans, or administer a probate. Our office can help with everything from drafting basic documents to complex analyses on the best avenues for wealth preservation within a family.

We make achieving your goals easier by providing you the same legal services and expertise as the expensive downtown Pittsburgh firms but without the higher rates and lengthy drive. We’re located at 140 South Main Street in the heart of Greensburg, PA and offer cost-effective solutions to your situations.

Whatever your needs, the best way to receive proper guidance on a specific legal issue is to talk with a reputable attorney you can trust.

Let’s work on turning your someday resolutions into actions for today! Call us at 724-216-5180 or email us at john@jacochranlaw.com. We look forward to working with you.