Call Us (919)468-3266
Located In Raleigh, NC

What we do?

At Ishman Law Firm, we work with our estate planning clients in a different light and capacity than most law firms.
Deciding what will happen to your home, your financial assets, and your personal possessions after your passing can be a difficult process. However, if you don’t take the time to make these decisions now, a court may end up dividing your property for you.
Asset Protection is not about giving in to fear. It is about empowering yourself in the face of it.
Ishman Law Firm’s business law services focus on Business Entity Planning, Intellectual Property Protection, Patents, Trademarks, Copyrights, Corporate Compliance, Business Succession Planning, Contract and Transactional Review and Drafting and Business and Corporate Law.
For trusts and estate planning fundamentals, the Ishman Law Firm Knowledge Base is a great place to begin.
To discuss your Trust & Estate matter, please call (919) 468-3266.

We are different than the traditional law firm.

To learn more about our personalized and unique estate planning guidance, please contact us
to arrange for a Family Wealth Planning Session.
CONTACT

Estate Tax Humor

FAQ

  • Estates that are less than $5 million

    In almost all cases for 2010 estates that are less than $5 million (the applicable exclusion amount), the election to opt out should not be made.
  • Design multi-generational trusts

    Design multi-generational trusts so that gifts to the trust are completed gifts to avoid inclusion in the grantor’s estate. Avoid estate tax in the beneficiaries’ estates by making sure that no beneficiary has a general power of appointment. Benefit multiple generations by using cascading trusts. Allocate sufficient GSTT exemption to always have an inclusion ratio of zero.
  • Estate taxes are payable currently

    Capital gains taxes are only payable when the assets are sold. If they are not sold and the beneficiary dies with the assets in his estate, they would receive a full step-up in basis at his death (assuming current law).
  • Crummey beneficiaries

    In the past, even if you could find enough Crummey beneficiaries to cover the annual premium for a multi-generational ILIT for gift tax purposes, allocating GSTT exemption to cover all of the premium payments was often the sticking point.
Go to Knowledge Base

Testimonial

Meet the Lawyers

Make an Appointment

To make an appointment, please call (919) 468-3266 or email Mr. Ishman at Mark@IshmanLegal.com.