Archive for the ‘Tim Bupp’ Category

Happy New Year!  This year brings to us several legal changes which will benefit to taxpayers for 2023 and beyond.  For more details, contact CGA Law Firm’s Estate Planning attorneys.   Increase for Estate Tax Exemption.  This year, the amount that an individual can transfer estate tax-free automatically increases for estates of decedents passing away in 2023 from $12.06MM to $12.92MM, an inflation-index increase of $86,000.  A married couple enjoys a combined exemption of $25,840,000.  Keep in mind, however, that the exemption amount will decrease in the end of 2025 with the sunset of the 2017 Tax Cut and Jobs Act,… read more »

Happy New Year! The new year brings to us new numbers to keep in mind for municipal decision-making in 2023: Bid advertising requirements. In 2023, the threshold requiring advertisement of a municipal bid will increase to $22,500, up from $21,900 in 2022. The amount requiring collection of multiple telephone quotes for municipal work will increase to $12,200, up from $11,800 in 2022. Municipal action below the threshold of $12,200 will not require competitive solicitation. While these numbers are up, they have not increased at pace with the 8.2% increase in the consumer price index; Pennsylvania statute prevents the increase of these bidding requirements from exceeding… read more »

In today’s world, protecting your family with solid estate planning is more essential than ever. The recent pandemic reminds us that having good estate documents in place is necessary. A sturdy Will can assure that your assets pass as you desire and your instructions will be observed. A Durable Power of Attorney empowers another to help when someone is injured, incapacitated, or frail. A Health Care Directive assures that medical services will be administered as you desire. Our legal team is current with recent changes in the law and can help you keep your estate plan up to date. Having… read more »

For more than thirty years, the Farm & Natural Lands Trust of York County (FNLT) has been working to preserve our County’s finest farm ground, woodland, soils, streams, and wetlands. FNLT is now accepting applications from interested landowners for preservation in its 2022 season. Owners of properties containing farms, open spaces, and other natural resources are welcome to apply. Landowners who preserve their property with FNLT can receive financial payment and tax deductions while assuring that their property will be shielded from unwanted future development. FNLT protects properties with a conservation easement, a flexible tool that provides future protection while… read more »

York County’s Agricultural Land Preservation Program is currently receiving applications for their 2022-2023 preservation program. Applications for farms can be submitted through February 15, 2022, for the ranking process. The highest-scoring farms will be offered for preservation. Qualifying farms should be a minimum of fifty acres in size or adjacent to another preserved property, and must meet program requirements regarding soil quality, production and other criteria. Landowners should submit their completed application (available at yorkcountypa.gov), and can consult with the Program staff office at 2401 Pleasant Valley Road, or at (717)-840-7400 for details and requirements. The York County Agricultural Land… read more »

Municipal Planning for the Coming Solar ExpansionWhile PA’s solar power industry is rapidly growing, government regulation of solar power remains in its infancy. Pennsylvania currently has no state laws or regulations for solar arrays. This leaves local municipalities as the first line of regulation for solar collection systems. The following are just a few of the important issues for municipalities to keep in mind as they attempt to provide appropriate regulation of solar facilities.Use a good definition. Municipalities should be forward-looking in defining solar use to control ancillary uses and construction such as storage and distribution of energy. An increasing amount of solar array… read more »

For most people, estate planning requires just a few basic documents. View this video by Attorney Tim Bupp to learn more about why you need an Estate Planning Trust. An Estate Planning Trust will help guide loved ones with the management of inherited money and other assets after you are gone. A thoughtfully prepared Estate Plan is not just beneficial to family members, it can provide tremendous peace of mind. You owe it to yourself and those you love to have a plan in place. AttorneyTim chairs the Firm’s Estate Law Section. He provides clients with specialized advice in Estate Planning, Business and tax planning, Real Estate transactions and related… read more »

Solar energy generation is here in Pennsylvania, and it is growing. Currently, developers in PA have over 370 solar projects in process, requiring 60,000 to 80,000 acres of land for solar generation. The Commonwealth’s PULSE program, recently announced as part of Governor Wolf’s GreenGov initiative to advance renewable power, is the largest solar commitment by any government in the U.S. to date and proposes to generate fifty percent of the State Government’s electricity needs. The PULSE ProgramThe PULSE program will be powered by seven solar arrays constructed in six central PA counties including York and Adams Counties. York and Adams Counties… read more »

For most people, estate planning requires just a few basic documents. View this video by Attorney Tim Bupp to learn more about why you need an Estate Planning Trust. An Estate Planning Trust will help guide loved ones with the management of inherited money and other assets after you are gone. A thoughtfully prepared Estate Plan is not just beneficial to family members, it can provide tremendous peace of mind. You owe it to yourself and those you love to have a plan in place. AttorneyTim chairs the Firm’s Estate Law Section. He provides clients with specialized advice in Estate Planning, Business and tax planning, Real Estate transactions and related… read more »

For most people, estate planning requires just a few basic documents. View this video by Attorney Tim Bupp to learn more about why you need a Last Will and Testament.A thoughtfully prepared Estate Plan is not just beneficial to family members, it can provide tremendous peace of mind. An Estate Plan with a Last Will and Testament will ensure that the money and other assets you have worked hard to accumulate are preserved and passed on to those you love and to the charitable organizations you care about.You owe it to yourself and those you love to have a plan in place. AttorneyTim… read more »