Category: Estate Planning Briefs


Tenancy-in-common: A versatile estate planning tool

If you hold significant real estate investments, tenancy-in-common (TIC) ownership can be a powerful, versatile estate planning tool. A TIC interest is an undivided fractional interest in property. The property isn’t split into separate parcels. Rather, each TIC owner has … Read More »

October 18th

Estate Planning Briefs. Comments Off on Tenancy-in-common: A versatile estate planning tool


Turn down an inheritance using a qualified disclaimer

If you are about to receive an inheritance from a family member, you can use a qualified disclaimer to refuse the bequest. The assets will then bypass your estate and go directly to the next beneficiary in line. It’s as … Read More »

October 11th

Estate Planning Briefs. Comments Off on Turn down an inheritance using a qualified disclaimer


Educate your children on wealth management

If you’ve worked a lifetime to build a large estate, you undoubtedly would like to leave a lasting legacy to your children and future generations. Educating your children about saving, investing and other money management skills can help keep your … Read More »

October 4th

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Retiring abroad? Review your estate plan before making the move

If you dream of spending your golden years in a tropical paradise, a culture-rich European city or another foreign locale, it’s important to understand the potential tax and estate planning implications. If you don’t, you could be hit with some … Read More »

September 27th

Estate Planning Briefs. Comments Off on Retiring abroad? Review your estate plan before making the move


Two ways to transfer a family business

For many people, a family-owned business is their primary source of wealth, so it’s critical to plan carefully for the transition of ownership from one generation to the next.

The best approach depends on your particular circumstances. If your net worth … Read More »

September 20th

Estate Planning Briefs. Comments Off on Two ways to transfer a family business


For unmarried couples, estate planning is indispensable

When married couples neglect to prepare an estate plan, state intestacy laws step in to help provide financial security for the surviving spouse. It may not be the plan they would have designed, but at least it offers some measure … Read More »

September 13th

Estate Planning Briefs. Comments Off on For unmarried couples, estate planning is indispensable


Is a significant portion of your wealth concentrated in a single stock?

Estate planning and investment risk management go hand in hand. After all, an estate plan is effective only if you have some wealth to transfer to the next generation. One of the best ways to reduce your investment risk is … Read More »

September 6th

Estate Planning Briefs. Comments Off on Is a significant portion of your wealth concentrated in a single stock?


At your own risk: The pitfalls of DIY estate planning

There’s no law that says you can’t prepare your own estate plan. And with an abundance of online services that automate the creation of wills and other documents, it’s easy to do. But unless your estate is small and your … Read More »

August 23rd

Estate Planning Briefs. Comments Off on At your own risk: The pitfalls of DIY estate planning


Addressing long-term care costs with a tax-qualified LTC insurance policy

No matter how diligently you prepare, your estate plan can quickly be derailed if you or a loved one requires long-term home health care or an extended stay at a nursing home or assisted living facility.

The annual cost of long-term … Read More »

August 16th

Estate Planning Briefs. Comments Off on Addressing long-term care costs with a tax-qualified LTC insurance policy


Protect your peace of mind with a trust protector

Irrevocable trusts can allow for the smooth, tax-advantaged transfer of wealth to family members. But there’s a drawback: When you set up an irrevocable trust, you must relinquish control of the assets placed in it. What you can control is … Read More »

August 9th

Estate Planning Briefs. Comments Off on Protect your peace of mind with a trust protector

HOBERMAN & LESSER, LLP