Understanding the Portability of the Estate Tax Exemption

6 Ways to Minimize or Eliminate Estate Taxes.

Clifford M. Cohen October 7, 2021 No Comments

Let’s begin with a look at the numbers. The current federal estate tax exemption is $11.7 million for individuals and $23.4 for couples filing jointly. Assets in excess of these…

D.C. Estate Tax Exemption Reduces Significantly in 2021

Clifford M. Cohen December 10, 2020 No Comments

As we enter the giving season, there is an additional reason to be charitable. Congress enacted a special provision that allows more people to easily deduct up to $300 in…

Using Your 529 Savings Plan as an Estate Planning Tool

Clifford M. Cohen September 24, 2020 No Comments

Were you aware that many parents use 529 savings plans as a way to let their child’s college funds grow tax-free? These plans, however, may not be just for…

Ways Leaving Money to a Charity Can Benefit Your Estate

Clifford M. Cohen September 23, 2020 No Comments

If a charitable cause is near to your heart, it may be likely that you will donate time and money during your lifetime. Giving while you are living also comes…

Potential Estate Planning Opportunities in 2020 to Implement Now

Clifford M. Cohen September 22, 2020 No Comments

With the stock market soaring and diving and the news in 2020 overtaken by Covid-19, a presidential election, and natural disasters nationwide, estate planning may be the furthest thing…

Doctors Increasingly Urge Americans to Create Living Wills

Clifford M. Cohen July 27, 2020 No Comments

Despite CDC guidelines, face mask requirements, and lockdowns, COVID-19 continues to spread aggressively in America. Doctors are seeing patients in all age groups suffer from horrible complications, and they are…

Deciding Between a Trust and a Will During the Pandemic

Clifford M. Cohen July 20, 2020 No Comments

Knowing what will become of your assets and making the grieving process easier on your loved ones will give you peace of mind during a time of uncertainty. If you’re…

How State Laws Are Limiting Estate Planning During COVID-19

Clifford M. Cohen July 13, 2020 No Comments

As COVID-19 continues to spread and take lives, an increasing number of people are thinking about estate planning. The threat of COVID-19 is causing more people to worry about having…

Man hand holding pen, writing a demand letter

Does your Estate Plan Cover Incapacity During lifetime?

Clifford M. Cohen August 31, 2017 No Comments

Most of us think that we have created a comprehensive estate plan if our plan covers all occurrences that may arise after our death. Unfortunately, this is a dangerous mistake.…

older man and woman holding hands and walking through park

Estate Planning Deficiences of “I Love You” Wills

Clifford M. Cohen June 7, 2017 No Comments

No aspect of estate planning brings out as much emotional decision-making as the division of assets. Many people think, “I love you”, so I will leave you everything. In order…

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