Category: Estate Planning Briefs


When it comes to asset protection, a hybrid DAPT offers the best of both worlds

A primary estate planning goal for most people is to hold on to as much of their wealth as possible to pass on to their children and other loved ones. To achieve this, you must limit estate tax liability and … Read More »

September 12th

Estate Planning Briefs. Comments Off on When it comes to asset protection, a hybrid DAPT offers the best of both worlds


Control how your charitable gifts are used by adding restrictions

If philanthropy is an important part of your estate planning legacy, consider taking steps to ensure that your donations are used to fulfill your intended charitable purposes. Outright gifts can be risky, especially large donations that will benefit a charity … Read More »

September 5th

Estate Planning Briefs. Comments Off on Control how your charitable gifts are used by adding restrictions


Take intrafamily lending to the next level by establishing a family bank

One of the primary goals of estate planning is to put in writing how you want your wealth distributed to loved ones after your death. But what if you’d like to use that wealth to help a family member in … Read More »

August 29th

Estate Planning Briefs. Comments Off on Take intrafamily lending to the next level by establishing a family bank


Expanded 529 plans offer unique estate planning benefits

If you’re putting aside money for college or other educational expenses, consider a tax-advantaged 529 savings plan. Also known as “college savings plans,” 529 plans were expanded by the Tax Cuts and Jobs Act (TCJA) to cover elementary and secondary … Read More »

August 23rd

Estate Planning Briefs. Comments Off on Expanded 529 plans offer unique estate planning benefits


A poorly worded apportionment clause can upend an estate plan

Federal estate tax liability is no longer an issue for many families, now that the gift and estate tax exemption stands at $11.4 million for 2019. But there are still affluent individuals whose estates may be subject to hefty estate … Read More »

August 15th

Estate Planning Briefs. Comments Off on A poorly worded apportionment clause can upend an estate plan


Understanding the contents of a will

You probably don’t have to be told about the need for a will. But do you know what provisions should be included and what’s best to leave out? The answers to those questions depend on your situation and may depend … Read More »

August 8th

Estate Planning Briefs. Comments Off on Understanding the contents of a will


What’s the difference between the two types of power of attorney?

When drafting your estate plan, you and your attorney must account for what happens to your children and your assets after you die. But your plan must also spell out your wishes for making financial and medical decisions if you’re … Read More »

August 1st

Estate Planning Briefs. Comments Off on What’s the difference between the two types of power of attorney?


Naming a trustee may be one of the most important decisions of your life

When it comes to estate planning, trusts are appealing for many reasons. They can enable you to hold and transfer assets for beneficiaries, avoid probate and reduce estate tax exposure. But they can be complicated to set up. One of … Read More »

July 25th

Estate Planning Briefs. Comments Off on Naming a trustee may be one of the most important decisions of your life


A buy-sell agreement can provide the liquidity to cover estate taxes

If you own an interest in a closely held business, it’s critical to have a well-designed, properly funded buy-sell agreement. Without one, an owner’s death can have a negative effect on the surviving owners.

If one of your co-owners dies, for … Read More »

July 19th

Estate Planning Briefs. Comments Off on A buy-sell agreement can provide the liquidity to cover estate taxes


Thinking about a Roth IRA conversion? Now may be the ideal time

Roth IRAs offer significant estate planning and financial benefits. If you have a substantial balance in a traditional IRA and are considering converting it to a Roth IRA, there may be no better time than now. The Tax Cuts and … Read More »

July 11th

Estate Planning Briefs. Comments Off on Thinking about a Roth IRA conversion? Now may be the ideal time

HOBERMAN & LESSER, LLP