Blog Category - Estate Planning

Name: Strauss Attorneys PLLC
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Nov

Plan Smart, Live More: Test Your Estate Planning IQ!

In 2025, what is the total amount of money and property you can gift during your lifetime and leave at your death to your loved ones (other than to your spouse) without owing federal estate tax? $5 million $15 million $13. 99 million as much as you want The correct answer is ...

Nov

Your Family Is Not One-Size-Fits-All; Your Estate Plan Shouldn’t Be, Either

What comes to mind when you think of the typical American family? Today's families take many different forms: Some are blended through divorce and remarriage while others are built through long-term partnerships, adoption, or fostering. Families may include same-sex o...

Nov

Have You or Your Loved Ones Used These Excuses to Avoid Estate Planning?

We all have those nagging to-do items that never seem to make it to the top of our list, even though we know how important they are. Maybe it is scheduling a checkup with the doctor, calling the HVAC company to inspect that noisy furnace, or starting the fitness routine you keep ...

Nov

Why a Trust for Your Child Should Mature with Your Child

From the moment a child is born, a parent feels an instinctive drive to protect and nurture. We childproof our homes, choose the best schools with care, offer guidance through adolescence, support their career ambitions, and watch with pride as they build lives of their own. That...

Nov

How to Help Your Loved Ones (and Your Life Savings) Avoid Probate

Today, many people choose a revocable living trust as the foundation of their estate plan, often in place of a will, joint ownership, or beneficiary designations. When set up correctly, a trust can bypass the expensive, public, and often time-consuming court processes of conserva...

Nov

Estate and Gift Tax Changes Are Here: What They Mean for Your Planning

The world of estate planning is always shifting, but 2025 has brought important clarity. New legislation affecting estate and gift tax exemptions is reshaping planning strategies for wealthy individuals and families. Here's what you need to know—and how to take advant...

Nov

Estate Planning Tips to Scoop Up for National Ice Cream Month — Do Not Leave Your Loved Ones with a Sticky Mess

There is nothing quite like ice cream on a warm summer day served just the way you like it. You are outside, maybe on a shaded bench or strolling down the boardwalk, sun on your face with a light breeze cutting the heat. The cone is crisp, the flavor is superb, and the topp...

Nov

Estate Planning Tips to Scoop Up for National Ice Cream Month — Different Flavors of Transferring Your Money and Property Outside of Probate

It is summertime, and the living is easy. Maybe you spent the day out on the boat, at the beach, or at home relaxing in your most comfortable lounge chair. As the sun sets, you have a hankering for a sweet treat and decide to get some ice cream—a no-brainer in July, N...

Nov

Estate Planning Tips to Scoop Up for National Ice Cream Month — Adding Toppings to Your Estate Plan

As much as Americans love ice cream, our tastes run pretty plain. Vanilla, chocolate, and strawberry consistently dominate “Top 5” flavor lists. 1 When we add toppings, we usually reach for the familiar—sauces, nuts, and sprinkles. Some people go for bolder ...

Nov

Planning for the Unthinkable: Essential Tools for Parents of Minor Children

Did you know that roughly 75% of Americans don't have a basic will 1? Even more concerning is that many of these individuals have children under the age of 18, leaving their families vulnerable to unnecessary legal complications and uncertainty. Estate planning is often mis...

Nov

Caution: Your Traditional Asset Protection Plan Is Set Up to Fail

With rising housing costs and the appeal of shared financial responsibilities, more people are considering co-owning a home with someone other than a spouse—such as a friend, relative, or significant other. While this arrangement can offer financial and lifestyle benefits...

Nov

Should You Buy a Home with Someone Other Than a Spouse?

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