Press Release – May 2019 – Local Attorneys Named “Pennsylvania Rising Star”

The law firm of O’Donnell, Weiss & Mattei, P.C. (OWM Law), 41 E. High Street, Pottstown, PA, and 347 Bridge Street, Phoenixville, PA, is very proud to announce that, for the third year in a row, Rebecca A. Hobbs has been named a ‘Pennsylvania Rising Star’ in the field of elder law by Pennsylvania Super Lawyers Magazine and superlawyers.com.

 

 

 

 

 

Additionally, O’Donnell, Weiss, & Mattei, P.C. is very pleased to announce that, for the first time, Melissa A. Iacobucci has been name a 2019 ‘Pennsylvania Rising Star’ in the field of family law.

 

 

 

 

 

 

Each year, no more than 2.5 percent of the lawyers in the state are selected by the research team at Super Lawyers to receive this honor. Super Lawyers, a Thomson Reuters business, is a rating service of lawyers from more than seventy (70) practice areas who have attained a high degree of peer recognition and professional achievement. …

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OWM Blog – Basics of Estate Planning

Unfortunate, tragic occurrences can happen in life without warning. Accidents, illness, and even death can happen at any time. In Pennsylvania, there are a number of methods by which you can protect yourself and your loved ones from the ramifications of these situations.

In the following article, we will discuss the three (3) fundamental estate planning documents that every person should have. …

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OWM Blog – Key Terms of Agreements of Sale

As the Spring market approaches, many of you may be considering purchasing or selling real estate. That process usually begins with the negotiation of an Agreement of Sale. Typically, in residential transactions, it is a standard form produced by the Pennsylvania Association of Realtors that is used. If it is a commercial transaction, often the Agreement of Sale may be more unique and tailored to the specific transaction. Regardless of whether it is a residential or commercial deal, there are certain terms that you should pay close attention to with regard to any Agreement of Sale. Some of those terms are discussed below. …

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Be Careful with Agreement of Sale Deadlines

agreement of sale

A large part of the legal practice at OWM Law offices is representing Buyers and Sellers of real estate of all shapes, sizes, and values, both residential and commercial. When representing Buyers, we also provide title insurance and conduct the closing, as agents for Fidelity National Title Insurance Company. One of the biggest mistakes, or oversights, made by parties involved in a real estate transaction (i.e. Buyers, Sellers, Realtors, Mortgage Lenders, Inspectors, etc.) is not paying enough attention to the deadline dates that are provided in the Agreement of Sale.

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Applying for Medicaid: Do I Need an Elder Law Attorney?

Applying for Medicaid

Per the Genworth 2018 Cost of Care Survey, the median cost of nursing home care in the Greater Philadelphia Area is as much as $12,167 per month[1].  With the staggering monthly cost of skilled nursing home care, many seniors that require nursing home care rely on Medicaid. Medicaid is a joint federal-state program that provides health coverage to individuals that are low-income or medically needy.

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Business Contracts: Negotiating Terms and Conditions

Business Contracts

As a law firm that does a lot of legal work for business owners of various sizes, we end up handling collection matters in which the business renders services to a customer and for which the latter does not pay. The business owner/client comes to our office to seek legal advice on how to collect that account receivable. The very first line of analysis is to obtain a copy of the agreement between the parties (hopefully, there is a written document, as opposed to a verbal agreement, and the parties have fully-executed same!). Once we obtain the agreement between the parties, the first thing we look for is the payment term…is payment due within a specific time period after the services are rendered/product delivered (i.e. 15 days for example)? If not, then the business owner is in a weak position to pursue collection. Make sure that the payment deadline date is clearly indicated in the agreement.

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How Does a Vacation Home Fit Into Estate Planning?

vacation home estate planning

You are meeting with your lawyer and discussing your estate planning.  The discussion expands from how your estate consists of current home, bank accounts and other probate assets.  You then begin to discuss your vacation home and what you intend to happen when you and your spouse pass away.  Most parents, and sometimes aunts and uncles with no children but very involved nieces and nephews, assume that the vacation home will pass to the next generation.  However, estate planning for a vacation home warrants a more in-depth discussion since there are issues that may not arise with the outright distribution of other assets. See the article in Elder Law Answers for more detailed information.

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OWM Blog – Your Tenant Has Vacated the Premises, What Now?

If you are a residential landlord in Pennsylvania and your tenant has vacated the premises either voluntarily, through a court-order evicting them and granting you possession, or absconding in the middle of the night – what are your obligations and responsibilities as landlord, if any, at this point in time? …

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