InterActive Legal, and its document assembly system, is built on AI. The decisions you select for your clients and are reflected in document you provide them are based on AI. Without AI, there would be no smart system that we now all enjoy and rely upon. Continue reading

In fact, the IRS is known to collect more additional wealth transfer taxes on account of challenges to values reported by taxpayers than all legal issues combined. Moreover, penalties of between 20% and 40% may be imposed on the amount of tax underpaid attributable to an undervaluation of property for wealth transfer tax purposes. Continue reading

Prominent Trusts and Estates attorneys Jonathan G. Blattmachr, Barron Henley, Thomas A. Tietz, Martin M. Shenkman, and Mary Vandernack provide their valuable tips for practicing and best serving clients during the current Coronavirus crisis. During the pandemic, trusts and estates services are acutely needed, and the authors give us the benefit of their collective experience. Continue reading

When the call comes from the plaintiff’s attorney asking what should be done about the client’s public benefits, be prepared to answer. The case is about to settle, or the verdict is in, and now the client wants to know how it will affect his or her benefits. Continue reading

Practitioners should be cautioned, however, that the use of the executive power to modify notary and witness requirements is, to our knowledge, unprecedented. Continue reading

by Vanessa L. Kanaga, Esq. Each year, at the annual Heckerling Institute on Estate Planning (known simply as "Heckerling"), InterActive Legal hosts a luncheon for our subscribers, prospective subscribers, and Advisors. The luncheon is our way of thanking those who support us (in addition to providing some sustenance in the... Continue reading

by David MacMahan Drafting estate and trust documents can be fairly routine or may require some serious planning, but it is extremely helpful to the family and solves the issues for how to preserve and divide wealth and assets. But what about the things typically described as, “divide the remaining... Continue reading

Bloomberg Tax and Accounting presented the Leonard L. Silverstein Award to InterActive Legal Founder and Editor-in-Chief, Jonathan G. Blattmachr. Continue reading

InterActive Legal Advisor and Director of Elder Law Strategy, Letha McDowell, was featured in a recent Money Magazine article titled How to Support Your Retired Parents Without Sinking Your Own Retirement Plan. The article sheds light on the seldom discussed topic of working-age children who find themselves in the position... Continue reading

by Anna E. Byrne One of the most difficult things we as estate planners face is the eventual and inevitable responsibility of helping and comforting a client whose spouse has passed away. It is heart wrenching. But it is also the time when we can most offer help and provide... Continue reading

Twas the week before Christmas, and Congress was trending Impeachment and budget bills both had been pending Articles to impeach were debated and passed And left for the Senate to later rehash With that taken care of, the next thing to do Was keep the government running, the whole year through Continue reading

Historical items can be valuable. This presentation-inscribed Colt Model 1861 New Model Navy Revolver, from the Colt Co. to E.W. Parsons of Adams Express Co., sold for $805,000 at a September 2011 auction. by Vanessa L. Kanaga, Esq. This article was originally published by Heritage Auctioneers & Galleries, Inc., "Trusts... Continue reading

by Audrey Ehrhardt, Esq., CBC, Practice42 ADA accessibility and compliance in law firm websites across the nation are becoming not only more relevant, but a necessity as we see an increasing amount of litigation against businesses over their websites. Website accessibility lawsuits center around the fact that all, or a... Continue reading

In January 2019, at The Heckerling Institute on Estate Planning, a select group of InterActive Legal subscribers were invited to a private luncheon screening of the documentary film, "Lives Well Lived." The film visits with 40 people ranging in age from 75 to 100 years young and casts a light... Continue reading

Melbourne, FL - InterActive Legal welcomes Deirdre R. Wheatley-Liss, Esq. and Scott M. Solkoff, Esq. to its Advisory Board. It is my honor to welcome two of the nation’s top elder law attorneys, Deirdre Wheatley-Liss and Scott Solkoff, to the InterActive Legal Advisory Board. It is fitting that Deirdre and... Continue reading

by Vanessa L. Kanaga, Esq. On May 23, 2019, the U.S. House of Representatives passed a bill that, if signed into law, would significantly change estate planning for Qualified Plans and IRAs (referred to herein, collectively, as "Retirement Benefits"). The Setting Every Community Up for Retirement Enhancement Act of 2019... Continue reading

Melbourne, FL — InterActive Legal extends a warm welcome to the newest member of its legal team, accomplished estate planning attorney, Mohineet Khosla. Mohineet Khosla received her J.D. from New York University School of Law in 2001. Following law school, Mohineet practiced for over a decade at Milbank LLP in... Continue reading

by Scott M. Solkoff, Esq.[1] Two major pressures are moving the practices of Estate Planning and Elder Law together. The dominant pressure is one of demand. For most Americans, the greatest threat to their financial well-being is not taxes. It is the cost of incapacity and long-term care. Addressing these... Continue reading

by Vanessa L. Kanaga, Esq. A recent set of articles published in the February issue of Trusts & Estates discusses the pros and cons of using Document Assembly Systems (referred to in the articles as "DAS"). The articles are nicely presented as a Point/Counterpoint feature. In the first article (the... Continue reading

© 2019 by Jonathan G. Blattmachr & Martin M. Shenkman. All Rights Reserved. With the estate, gift and GST exemption at nearly $11.5 million and scheduled to grow until 2026 when they will be cut in half, few advisers are focusing on wealth transfer tax planning for their clients. And... Continue reading

By Michael L. Graham, Esq. Your law firm email is secure, right? If it were not, you would have issues with your state’s ethical rules requiring you to keep client confidences. As a summary and guide for the multiple state ethical rules, ABA Model Rule of Professional Conduct §1.6(a) provides:... Continue reading

The time to address digital assets as part of your client’s estate plan may have begun to run out. We’ve all heard about digital assets, cryptocurrency and occasional lawsuits by family members against social media giants like Yahoo! and Facebook. But now the topic of digital assets will necessarily have landed on your desk when you begin the estate planning process for a client. Are you fully prepared to help your clients plan for this new asset class, and to protect yourself and your practice from doing the wrong thing? Continue reading

By Vanessa L. Kanaga As any estate planner knows, the 2017 law commonly referred to as the "Tax Cuts and Jobs Act" or "TCJA" (Pub. Law 115-97) changed the landscape of estate planning, perhaps not permanently (because what tax law is ever permanent?), but for the near future. The Basic... Continue reading

By Audrey Ehrhardt, JD, CBC, Founder/CEO Practice42 Are you one of the many people who want to learn how to use Adobe, but just don’t know how? The numerous features that Adobe has makes it very appealing to the customer, but it also makes it a complicated tool to learn... Continue reading

By Betsy Ehrenberg In today’s increasingly connected world, identity theft has become a serious problem. It is estimated that 17.6 million Americans are the victims of some form of identity theft every year. Of those attacks, 2.5 million happen to someone who is deceased. This means 2,200 deceased Americans will... Continue reading