Category: Estate Planning

IRS Announces 2021 Adjustments to Several Trust, Estate Items in Revenue Procedure 2020-45

Wed Nov 4, 2020 | Estate Planning |

The Internal Revenue Service recently released Revenue Procedure 2020-45 which applies to taxable years beginning in 2021. This announced the annual inflation adjustments for more than 60 tax provisions. A few of the major items related to trusts and estates include the following: The basic exclusion amount (which includes the […]

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When You Should Consider Hiring an Estate Litigation Attorney

Fri Oct 30, 2020 | Estate Planning |

When a relative or other loved one dies, there is a period of uncertainty even if there is a will or trust in place. Family members are grieving and yet strained family relations can still come to the surface. Most people do not want to cause trouble during this time […]

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Using Asset Protection Planning to Protect Real Estate

Wed Sep 30, 2020 | Estate Planning |

For many people, the real estate they own is among their most valuable assets, if not the most valuable assets. As unpleasant as it may be to consider, your real estate holdings may be at risk In the event of unexpected financial difficulties or legal action. An experienced Boca Raton […]

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Use It or Lose It? Gifting Considerations Before the November Election

Wed Sep 2, 2020 | Estate Planning |

Estate Planning, Regardless of Net Worth Although the primary audience for this article is high net worth individuals (individuals whose assets are in excess of the estate/gift tax exemption amount) who may take advantage of sophisticated gifting strategies,¬†estate planning is not just for the ultra-wealthy. Estate planning encompasses a wide […]

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