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Stephen M. Asbel

Stephen M. Asbel

Reger Rizzo & Darnall LLP
  • Estate Planning, Business Law, Real Estate Law
  • New Jersey, Pennsylvania
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Practice Areas
    Estate Planning
    Guardianship & Conservatorship Estate Administration, Health Care Directives, Trusts, Wills
    Business Law
    Business Contracts, Business Dissolution, Business Finance, Business Formation, Business Litigation, Franchising, Mergers & Acquisitions, Partnership & Shareholder Disputes
    Real Estate Law
    Commercial Real Estate, Condominiums, Easements, Eminent Domain, Homeowners Association, Land Use & Zoning, Mortgages, Neighbor Disputes, Residential Real Estate, Water Law
Fees
  • Credit Cards Accepted
Jurisdictions Admitted to Practice
New Jersey
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Pennsylvania
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U.S. District Court, District of New Jersey
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U.S. District Court, Eastern District of Pennsylvania
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Languages
  • English: Spoken, Written
Professional Experience
Partner
Reger Rizzo & Darnall LLP
Current
Education
Villanova University
J.D. | Law
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University of Pennsylvania
B.A. | International Relations
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Honors: Cum Laude, Distinction in Major, Pi Gamma Mu Social Science Honor Society, Phi Alpha Theta History Honor Society
Activities: Penn Band, College Bowl
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Awards
Boutique Estate Planning
Corporate INTL Global Awards
2017-2019
Top Lawyers
Main Line Today
Top Estate Planning and Administration Attorneys List
Suburban Life Magazine
Distinguished Peer Rated for High Professional Achievement with High Ethical Standing
Martindale-Hubbell®
Lead Counsel Rated Attorney in Estate Planning Law
Lead Counsel
Lead Counsel Rated Attorney in Probate Law
Lead Counsel
Who’s Who in Executives and Professionals
Who's Who
Professional Associations
Philadelphia Estate Planning Council
member
Current
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Delaware County Panel of Attorneys for Arbitrators
Member
Current
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Delaware County Bar Association
Member
- Current
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Publications
Articles & Publications
Why You Should Pre-Plan Your Funeral
Client Alert
Protecting Your Will and Other Documents from Potential Challenges by Angry Relatives
Client Alert
Mark Twain was Wrong – New Land is Being Made But Who Owns It?
Client Alert
Speaking Engagements
Interviewed on Safe Money Radio
WDEL 1150 AM
September 2013
Websites & Blogs
Website
Stephen M. Asbel's Website Profile
Website
Reger Rizzo & Darnall LLP Website
Legal Answers
9 Questions Answered
Q. Can a financial power of attorney remove assets from an estate without compensation?
A: There is not a clear answer to this question. It would be necessary to review the Power of Attorney document to see if it grants to the agent the power to make such a gift. It would also be necessary to evaluate whether or not this transfer was in the interest of the parents (such as for estate planning purposes) by reviewing their overall financial situation, other estate plan documents they had created and other information. It may be that this action was a breach of fiduciary duty but that cannot be determined without more information.
Q. My father's estate is in probate in PA. As an heir, do I have the rights to enter house?
A: The executrix stands as your deceased father's personal representative so she can decide who can enter the property. The rest of the beneficiaries have a beneficial interest. If you believe the estate is not being administered properly or the property is not being maintained, you can file a petition in the Orphans Court in the county in which the estate was opened to seek an order for access, for an accounting of the estate, or even to have your sister removed from her position with the Court appointing a new personal representative. It would be helpful for you to consult with a local attorney who has experience in this area.
Q. If my father dies does his wife get everything if he doesn't have a will. I'm his son from a previous marriage.
A: If your father was a resident of Pennsylvania and did not have a will, the Pennsylvania intestate succession law would apply. In a situation where the deceased was married and one or more of his children was not also the child of the spouse, then the spouse's share would be one-half of the intestate estate. This refers to assets which your father owned by himself which do not have a beneficiary designation. Assets which he owned jointly with his wife or someone else with survivorship would go to the surviving joint owner outside the estate. Assets which have a beneficiary designation pass outside the estate and go to whomever is designated as beneficiary.
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Contact & Map
Reger Rizzo & Darnall LLP
Philadelphia, PA
Cira Centre, 13th Floor
2929 Arch St
Philadelphia, PA 19104
Telephone: (215) 495-6500
Fax: (215) 495-6600
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