Florida Elder Law & Estate Planning Blog


Gift Tax and Estate Tax Changes Coming in 2023
October 29, 2022

Families and individuals with significant assets will have new opportunities in 2023 to transfer tax-free wealth to their heirs. Your estate planning attorney can provide you with guidance on any gifting you should be doing to take advantage of the…

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estate tax portability
Great News For Those Who Missed the Portability Filing Deadline
July 20, 2022

Great news for those who missed the deadline to file for portability: Uncle Sam is giving you a second chance. Portability allows a surviving spouse to claim for his/her own estate any unused portion of the deceased spouse’s unified estate…

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What Grandparents Should Know About 529 Plan Impact on Taxes, Medicaid Eligibility
June 12, 2022

Good news if you are a grandparent who owns a 529 account, and for your account beneficiary: Beginning in the 2024-2025 school year, contributions you make to a 529 plan need not be reported on the student’s FAFSA application (Free…

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estate tax
Estate Tax and Inheritance Tax: Know The Difference
February 16, 2022

“I figured out why Uncle Sam wears such a tall hat. It comes in handy when he passes it around.”  -Soupy Sales As Soupy’s quip suggests, there are taxes for just about everything – including death. Clients doing estate planning…

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Alert: Estate Tax and Gift Tax Changes In 2022
December 6, 2021

Two key estate planning numbers will change effective January 1, 2022: The lifetime unified gift and estate tax exemption, and the annual estate tax exclusion. These changes may impact you if you have a taxable estate. The lifetime exemption is…

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biden tax proposal
Biden’s Tax Proposals And Your Estate Plan
June 26, 2021

The Biden Administration’s tax proposals have been on the minds of many of our clients.  You may be wondering if and how your estate plan will be impacted, and what you should do now to minimize your heirs’ tax liability. …

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Tony Hsieh of
What Happens If You Die Without An Estate Plan? The Family of Zappos Founder Anthony Hsieh Is Finding Out
December 20, 2020

Tony Hsieh, founder of online shoe retailer Zappos, died the day after Thanksgiving at age 46. He died without an estate plan.  His life, marked by enormous business success and wealth, was marred by drug addiction and mental illness. His…

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estate tax
Federal Estate Tax: How It May Impact You and Your Family
November 27, 2020

The federal estate and gift tax has long been the cause of confusion, due in part to frequent changes in the law over the past decades. Whether you have an estate plan in place or are just embarking on your…

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Estate/Gift Tax A Moving Target, But No Clawback Is Certain
November 29, 2019

Effective January 1, 2020, the federal lifetime unified estate and gift tax exemption increases. Individuals who pass away in 2020 can pass, tax-free, $11.58 million (was $11.4 million). With portability, a married couple may pass twice that amount, $23.16 million. Anything in excess…

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Aretha Franklin
Aretha Franklin, Queen of Soul, Dies Intestate
August 23, 2018

Singer Aretha Franklin passed away on August 16, 2018. The 76-year-old “Queen of Soul” died at her Detroit home of pancreatic cancer, surrounded by family. Winner of 18 Grammy awards and known for iconic songs like “Respect,” Franklin was intensely…

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