In light of legal developments that affect estate planning, including tax and probate law changes, a web blog provides general information on these subjects.
Ehrlich Law Center (N/A:N/A)
CORAL SPRINGS, FLORIDA, UNITED STATES, July 13, 2018 /EINPresswire.com/ — Richard Ehrlich, the Principal Attorney at Ehrlich Law Center, has announced that he is launching a blog http://richardehrlichblog.blogspot.com/ to report and comment on legal developments in the areas of Estate Planning, Estate Administration, Probate and Small Business Planning. Mr. Ehrlich is a specialist in Corporate, Estate and Personal Financial Planning who has prepared hundreds of estate plans and helped hundreds of small businesses navigate the various issues throughout his career.
Mr. Ehrlich speaking on his thirty-two years of experience: “Most of my clients have difficult Estate issues, and I work tirelessly for the needs of my clients; I do all of this with the highest ethical standards.” Richard went on to add “Now, with the recent probate law changes, I felt that by starting a blog and sharing my knowledge and experience on these important issues, I could help families that were in need.”
For example, there have been the 2017 changes in elective shares (“An elective share is a term … relating to inheritance, which describes a proportion of an estate which the surviving spouse of the deceased may claim in place of what they were left in the decedent's will. It may also be called a Widow’s Share, Statutory Share, Election Against the Will, or Forced Share,” Wikipedia https://en.wikipedia.org/wiki/Elective_share). This is quite an important matter. Previously, homestead property was specifically excluded from an elective estate. With this change, homestead property is expressly included in an elective estate (except if the surviving spouse has waived his or her homestead rights).
As another example, in May 2018, the IRS released Revenue Procedure 2018-30 that provides for dollar limitations for Health Savings Accounts (HSAs) in 2019, and, they are subject to annual contribution limits. Participants aged fifty-five (55) or older can contribute additional “catch-up” amounts. For 2019, the maximum contribution amounts will increase to $3,500 for an individual (the “catch-up” limit remains at $1,000).
Mr. Ehrlich’s practice focuses upon several primary areas which include Wills, Trusts and Probate, and Securities Arbitration. He particularly concentrates upon Probate, Wills and Living Wills, Contracts and Agreements, Estate Planning and Trusts.
Mr. Ehrlich intends to provide general information on such legal developments in writing this blog. However, such general information cannot be a substitute for individualized legal advice based on specific circumstances. Thus, for specific cases, one should still seek legal advice from an attorney.
About Mr. Richard Ehrlich, Attorney at Law
Richard attended the University of Chicago and received his B.A. in Political Science. Richard received his Juris Doctor from the Washington University School of Law in St. Louis. Subsequently, in 1991, Richard completed the training requirements to become a Certified Financial Planner which was granted by New York University. Aside from enjoying time with his family, Mr. Ehrlich’s personal interests including running marathons and collecting wine.
The Website of Mr. Ehrlich is http://ehrlichlaw.us.
His LinkedIn profile is at https://www.linkedin.com/in/richard-ehrlich-777b513/
His attorney profile is at http://www.eldercounsel.com/profile/richard-ehrlich-ehrlichlaw-
His blog is at http://richardehrlichblog.blogspot.com/
Richard Ehrlich, Attorney
Ehrlich Law Center
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PBS News Report “All the financial advice you’ll ever need fits on a single index card” with Professor Harold Pollack of the University of Chicago
Source: EIN Presswire