On behalf of The Eleff Law Group | Jun 5, 2019 | Estate Planning, Firm News
As the digital age increasingly takes over more aspects of our lives, assets that hold tangible and sentimental value are not always something you can hold in your hands. Commonly referred to as digital assets, they can take many forms yet hold equal value to physical...
On behalf of The Eleff Law Group | Jun 15, 2018 | Estate Planning, Firm News
While the old adage is “nothing is certain but death and taxes,” that doesn’t mean we like talking about either. This can be especially true when discussing end-of-life arrangements with older loved ones. However, as unpleasant as this conversation...
On behalf of The Eleff Law Group | May 30, 2018 | Estate Planning, Firm News
Men and women in the younger demographics often assume they don’t need to think about estate planning because they don’t have much to protect. They might still be looking for a career and paying off student loans; they may not have a house, spouse or...
On behalf of The Eleff Law Group | Dec 21, 2017 | Estate Planning, Firm News
Previously, 529 plans could be used only to cover costs for college and other post-secondary educational expenses. The new tax bill changes that, allowing use of 529 savings plans to support children’s K-12 education, and authorizes 529 accounts withdrawals for...
On behalf of The Eleff Law Group | Dec 7, 2017 | Estate Planning, Firm News
Got a kid or grandchild headed to college….sooner or later? December is a great time to set up and contribute to a 529 plan, to take advantage of this year’s annual gift exclusion amount. 529 plans are an efficient and cost effective way for parents and...
On behalf of The Eleff Law Group | Jul 17, 2017 | Estate Planning, Firm News
When creating an estate plan, you will likely run into the option of setting up a trust or a will – or both. This leaves many wondering what the best option is. Should you transfer your assets to a trust? Or should you spell out your wishes in a will? Or does it...
On behalf of The Eleff Law Group | Mar 31, 2017 | Estate Planning, Firm News
Finding love in life is a great feeling, no matter your age. However, just like there are considerations for a 25-year-old to make prior to marriage, there are also important decisions someone 50 or older also needs to consider before walking down the aisle. In this...
On behalf of The Eleff Law Group | Mar 28, 2017 | Estate Planning, Firm News
You have worked hard for everything you have and you no doubt want to leave your children with your assets when you pass. While this sounds simple enough, the truth is that estate tax laws are downright confusing, and one small mistake or oversight can have serious...
On behalf of The Eleff Law Group | Jan 9, 2017 | Estate Planning, Firm News
D.C.’s New Estate Tax Exemption Amount The District of Columbia’s Office of Tax and Revenue recently announced that the D.C. estate tax exemption amount – – that is the portion of an estate NOT subject to tax – – will DOUBLE, from...
On behalf of The Eleff Law Group | Nov 21, 2016 | Estate Planning, Firm News
In a perfect world, people are able to handle their own affairs and stay in control of their own lives. However, no matter how healthy you are, the future is uncertain. There is always a possibility you could fall ill, or be incapacitated for one reason or another....
