Tag: estate and gift tax planning


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


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


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?


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


IRS confirms large gifts now won’t hurt post-2025 estates

IRS confirms large gifts now won’t hurt post-2025 estates

The IRS has issued final regulations that should provide comfort to taxpayers interested in making large gifts under the current gift and estate tax regime. The final regs generally adopt, with some … Read More »

December 20th

Uncategorized. Comments Off on IRS confirms large gifts now won’t hurt post-2025 estates


3 pitfalls to avoid when naming a beneficiary of a life insurance policy

Life insurance can be a powerful financial and estate planning tool, but its benefits can be reduced or even eliminated if you designate the wrong beneficiary or fail to change beneficiaries when your circumstances change.

Common pitfalls to avoid include:

Naming your … Read More »

December 12th

Estate Planning Briefs. Comments Off on 3 pitfalls to avoid when naming a beneficiary of a life insurance policy


Flex plan: In an unpredictable estate planning environment, flexibility is key

The Tax Cuts and Jobs Act (TCJA) made only one change to the federal gift and estate tax regime, but it was a big one. It more than doubled the combined gift and estate tax exemption, as well as the … Read More »

November 14th

Estate Planning Briefs. Comments Off on Flex plan: In an unpredictable estate planning environment, flexibility is key


Don’t worry! A broken trust can be fixed

There are good reasons why estate planning advisors recommend you revisit and, if necessary, revise your estate plan periodically: changing circumstances, including family situations and new tax laws. While it’s relatively simple to change a beneficiary, what if an irrevocable … Read More »

October 24th

Estate Planning Briefs. Comments Off on Don’t worry! A broken trust can be fixed


Who needs an estate plan? You do!

Despite what you might think, estate planning isn’t limited to only the rich and famous. In fact, your family is likely to benefit from a comprehensive plan that divides your wealth, protects your well-being and provides a compass for your … Read More »

October 17th

Estate Planning Briefs. Comments Off on Who needs an estate plan? You do!


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

HOBERMAN & LESSER, LLP