In light of legal developments that affect
estate planning, including tax and probate law changes, a web blog provides
general information on these subjects.
Coral Springs, FL (July 2018) 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-
center-pa/