IRS Confirms No Clawback for Lifetime Exemption Gifts

April 2019

Are you taking advantage of the increased gift and estate tax exclusions? If not, it might be a good idea to take a look at using the higher exemption that is in place today.  The 2017 Tax Cuts and Jobs Act, in essence, doubled the lifetime exemption for estate and gift taxes. For example, the… Read more >

Aircraft Succession Issues

March 2019

The Unique Challenges of Aircraft in Estate Planning FMJ’s Transportation & Logistics practice group has helped hundreds of clients purchase aircraft and structure their ownership and use to comply with regulatory requirements and take the best advantage of tax laws. Similarly, FMJ’s Trusts & Estates practice group has assisted thousands of clients in the sensible… Read more >

My Spouse Needs Nursing Home Care – What Do We Do?

March 2019

When we are asked about nursing home care for married people, one of the questions that almost always comes up is this: “Do we have to get divorced?” Or, in a similar vein: “Should we get divorced?” There is a misconception about long-term care that has been around for a long time, which is that… Read more >

What is Elder Law?

February 2019

What is the difference between elder law and estate planning? Isn’t it the same thing? Although there is certainly some overlap between the disciplines of estate planning and elder law, the two are not the same. Elder Law is Interdisciplinary Instead of focusing on a field within the practice of law, elder law takes as… Read more >

So This is Love? Benefits of Prenuptial and Postnuptial Agreements

February 2019

February 14th – the day of love and a celebration for all couples everywhere. Many couples even get engaged on this day and start planning their weddings. Whether you’re already married or in the wedding planning mode, one discussion that should happen, but often times is overlooked, is the benefit of prenuptial and postnuptial agreements…. Read more >