November 24, 2014 - In This Issue:
TAXING MATTERS

A weekly dose of practical tax and estate 
knowledge from Lancaster's own, Patti Spencer.
Together. Shaping Your Family's Future.
Whether you're starting at the beginning, or have additional estate planning needs for your already devised will or trust, Spencer Law Firm will be by your side every step of the way. 
"The authentic care and consideration received from SLF was unlike any other. I recommend SLF for your estate and trust planning needs."

- Lancaster County Resident
Medical Deductions for Senior Citizens

Many senior taxpayers claim the standard deduction on their annual income tax return instead of itemizing deductions. Often seniors pay little or no mortgage interest, and they usually don't owe much for state and local income and property taxes.  Most of the common itemized deductions don't add up to much for seniors...


 

How Many Children Do You Have?

Image courtesy of arztsamui at FreeDigitalPhotos.net

It seems like a simple question.  It's the first question in the interview for many estate plans.  But the answer may be far from simple.  There are many issues involving children with unmarried parents, adopted children, stepchildren and children conceived through assisted reproductive technology.  Establishing parentage is important for securing a child's benefits such as support, social security, veteran's benefits and inheritance rights. 


Patti S. Spencer Esq.

For all your trust, estate & tax matters.

Call us today at 717.394.1131
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