Tag: Seniors
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Estate Planning for Seniors With Multiple Properties
Seniors who own multiple properties have unique estate planning challenges. It’s a good problem to have. But if you’re in this situation, you’ll need to develop a strategy to pass your valuable assets after your passing. You’ll want to know the basics about deeds, wills, and trusts. Tax implications? Yes, those too. You’ll want to…
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A Ray of Sunshine for Older and Disabled Residents: Pennsylvania’s Amped-Up Property Tax Assistance Can Help
Getting over the hurdle of property tax payments is harder these days. That’s because taxable home values have gone up. So older Pennsylvanians are praising their governor, Josh Shapiro, for signing Act 7 of 2023 into law. It enlarges Pennsylvania’s Property Tax / Rent Rebate (PTRR). Hundreds of thousands of people — those who own,…
