Category: Estate Planning Briefs


Build flexibility into your estate plan with powers of appointment

There are several tools you can use to build flexibility into your estate plan. Flexibility is especially important now because of an uncertain estate planning environment.

The federal gift and estate tax exemption currently is an inflation-adjusted $11.58 million (the highest it’s … Read More »

May 14th

Estate Planning Briefs. Comments Off on Build flexibility into your estate plan with powers of appointment


Drafting your will using online tools can lead to unwanted outcomes

The novel coronavirus (COVID-19) pandemic has refocused people’s thoughts on the health and safety of their families. In addition to taking the necessary steps today to protect your loved ones, it’s equally important to consider their financial security in the … Read More »

May 7th

Estate Planning Briefs. Comments Off on Drafting your will using online tools can lead to unwanted outcomes


Now may be the time to forgive intrafamily loans

If you have outstanding loans to your children, grandchildren or other family members, consider forgiving those loans to take advantage of the current, record-high $11.58 million gift and estate tax exemption. Bear in mind that in 2026, the exemption amount will … Read More »

April 30th

Estate Planning Briefs. Comments Off on Now may be the time to forgive intrafamily loans


The gift tax filing and payment deadlines have been extended to July 15

You may have heard that the federal income tax filing and payment deadline has been extended from April 15, 2020, to July 15, 2020, to provide relief for taxpayers adversely affected by the coronavirus (COVID-19) pandemic.

What you may have missed … Read More »

April 3rd

Estate Planning Briefs. Comments Off on The gift tax filing and payment deadlines have been extended to July 15


Get smart when tackling estate planning for intellectual property

If you’ve invented something during your lifetime and had it patented, your estate includes intellectual property (IP). The same goes for any copyrighted works. These assets can hold substantial value, and, thus, must be addressed by your estate plan. However, … Read More »

March 26th

Estate Planning Briefs. Comments Off on Get smart when tackling estate planning for intellectual property


Will your estate plan benefit from a trust protector?

You may have several different types of trusts in your estate plan. In general, to achieve the greatest tax savings, these trusts must be irrevocable, thus requiring you to give up control over the trust assets.

Even though you appoint a … Read More »

March 19th

Estate Planning Briefs. Comments Off on Will your estate plan benefit from a trust protector?


An HSA can be a healthy supplement to your savings regimen and estate plan

Longer life expectancies and rising health care costs make saving for retirement more important than ever before. A Health Savings Account (HSA) can be a powerful tool for financing health care expenses while supplementing your other retirement savings vehicles. And … Read More »

March 12th

Estate Planning Briefs. Comments Off on An HSA can be a healthy supplement to your savings regimen and estate plan


Have you coordinated your payable-on-death accounts with your estate plan?

Payable-on-death (POD) accounts provide a quick, simple and inexpensive way to transfer assets outside of probate. They can be used for bank accounts, certificates of deposit or even brokerage accounts. Setting one up is as easy as providing the bank … Read More »

March 6th

Estate Planning Briefs. Comments Off on Have you coordinated your payable-on-death accounts with your estate plan?


2 trust types to consider when estate planning for a blended family

No one said estate planning is easy, and this is especially true if you have a “blended family.” The good news is that there are two trust types — a qualified terminable interest property (QTIP) trust and an irrevocable life … Read More »

February 27th

Estate Planning Briefs. Comments Off on 2 trust types to consider when estate planning for a blended family


If you’re planning to move overseas, it’s time for an estate plan review

Whether you’re moving to another country for work-related reasons, retirement, or want an opportunity to experience a new culture, it’s essential to understand the potential tax and estate planning implications. If you don’t, you could be hit with some unpleasant … Read More »

February 21st

Estate Planning Briefs. Comments Off on If you’re planning to move overseas, it’s time for an estate plan review

HOBERMAN & LESSER, LLP