Legal publications and articles authored by the attorneys at Nelson & Nelson, PA.
September 28, 2022
2021/2022 Legislative Updates and How They May Impact Your Estate Plan
In this letter to our clients, we discuss a number of legislative developments relating to estate planning and asset protection. Although some of the legislative developments went into effect in 2021, we believe they warrant the consideration of our clients. This letter focuses on the items that we believe are most relevant to our clients.
As Published In: Steve Leimberg's Estate Planning Email Newsletter, Archive Message #2984, 09-29-22.
September 22, 2021
How Your Estate Plan May Be Affected by Potential Changes to Income and Transfer Taxes Under the House Ways and Means Committee Tax Proposal
A letter to our clients regarding The House Ways and Means Committee tax law proposal to be incorporated in the budget reconciliation bill on September 13, 2021.
Use of Inter Vivos QTIP Trusts and SLATs to Enhance Estate and Asset Protection Planning
Material from a presentation of Chapter 8 from Estate Planning and Asset Protection in Florida: A Plan to Survive Unexpected Financial Threats by Barry A. Nelson as presented at the 2020 ACTEC Annual Meeting on March 8, 2020.
This book and the individual chapters are available for purchase at Juris Publishing.
December 02, 2019
Year-End Estate, Charitable/IRA and Gift Tax Planning 2019
Client informational letter regarding 2019 gift and estate tax planning techniques.
March 22, 2018
6 Question 2018 Gift Suitability Analysis
Barry A. Nelson
Cassandra S. Nelson
Barry A. Nelson and Cassandra S. Nelson provide LISI members with a 6 Question Checklist to help determine the suitability and appropriateness of making major gifts in 2018 or thereafter based upon the increase of the basic exclusion amount to $11.18 Million. Members will find their commentary particularly helpful as it is written in the format of a letter to clients.
Published: Steve Leimberg's Estate Planning Email Newsletter, Archive Message #2631, 03-22-18.
What are the tax consequences if the basic exclusion amount is reduced in the future and a person used the entire basic exclusion amount in 2018? For example, could that person be forced to pay a gift tax if the basic exclusion amount is reduced or can the donor’s estate taxes be increased to take such gifts into account? Most believe such an approach would be unworkable and unfair, but not impossible.
Published: South Florida Legal Guide 03-03-2018; and The Miami Herald Business Monday 03-05-2018.
Financial exploitation (or "financial abuse") of elders has become an all too common phenomenon frequently perpetrated by family members, friends, caregivers, "lovers" or other trusted persons. When lecturing on this topic and asking attorneys in attendance if they've encountered financial elder abuse in their practice, a show of hands typically reveals that about one third have encountered some form of such abuse. The manipulation of elders to reap financial rewards isn't novel and has been the subject of much litigation.
Published: Trusts & Estates, July 2017
in Trying to Protect Clients from Financial Elder Abuse/Exploitation
While there are numerous warning signs of financial exploitation of elders, prevention is difficult. Even in states such as Florida that have statutory protections, the laws are difficult to enforce without the cooperation of the person who is the subject of abuse.
Published: ActionLine, a Florida Bar Real Property and Trust Law Section publication, Spring 2017.
Barry Nelson & Cassandra Nelson: Attorneys Face Difficult Ethical Challenges in Trying To Protect Clients From Financial Elder Abuse/Exploitation, ActionLine, a Florida Bar Real Property and Trust Law Section publication, Spring 2017.
Disclaimer: This information has been prepared for educational purposes only and is not offered, nor should be construed, as legal advice. Use of this information without careful analysis and review by your attorney, CPA, and/or financial advisor may cause serious adverse consequences. Absolutely no warranty or representation of any kind, whether express or implied, concerning the appropriateness or legal sufficiency of this information as to any individual’s tax and related planning.
The following notice is required by the IRS: Any U.S. federal tax advice contained in the articles and information in this web site is not intended to be written or used, and cannot be used or relied upon, to avoid tax-related penalties under the Internal Revenue Code, or to promote, market or recommend to another any tax-related matter addressed herein.
Estate Planning and Asset Protection in Florida: A Plan to Survive Unexpected Financial Threats
by Barry A. Nelson
Barry Nelson is an industry-respected, board-certified attorney with decades of experience counselling high-net-worth clients. In this useful resource for both professionals and clients alike, he reveals the serious implications of ignoring the potential liabilities that can threaten a client's assets.
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Full book available in hard cover or PDF. Individual chapters available in PDF.