Happy New Year From 411 Probate!

2026 is here, and Daniel T. Fleischer, Esq. and 411 Probate would like to take this opportunity to wish our clients and readers a very Happy New Year. The beginning of a new year tends to bring a mixture of apprehension and optimism. This is a time for setting resolutions, making financial plans, and assessing potential risks for future success. How should you make the most of the next 12 months? You may wish to discuss these plans with an experienced estate planning lawyer in Plantation.

The Federal Estate and Gift Tax Exemption Continues to Climb

In 2026, the new federal and gift tax exemption is $15 million. This is a record-high number, and it means that very few families in Florida will ever have to worry about estate taxes. Still, you might want to take advantage of these generous exemptions sooner rather than later. While the exemption rate is theoretically “permanent,” a new administration could always reduce this incredible advantage in the future. Note that this $15 million exemption also applies to generation-skipping transfer taxes and trusts.

Is 2026 the Year of the Will?

Although almost everyone agrees that creating a Last Will and Testament is an important step, about half of all senior citizens delay this until virtually the last possible moment. In 2026, take a more proactive route. A Last Will and Testament is easy to establish alongside an experienced lawyer, and it shouldn’t be very expensive. With this step out of the way, you can approach the rest of the year with peace of mind.

Remember, delaying this crucial step affects your entire family. Although you might not like to think about end-of-life decisions, your family might suffer if you do not get this process out of the way. Probate can be expensive, time-consuming, and stressful for your beneficiaries. Taking a few hours out of your busy schedule to meet with a lawyer could make a real difference to the people you love and care about.

January Is the Best Month to Get Started With Estate Planning

In January, families are generally more cognizant of financial pressures. This makes it easier to approach estate planning with a more accurate understanding of economic realities. January is also an ideal month for estate planning because it represents a symbolic “turning of a new leaf.”

This “fresh slate” is more than just symbolic, especially if you have the advantage of timing major financial moves with the arrival of a new tax year.

Get Your Affairs in Order With a Plantation Estate Planning Attorney 

Although there are many ways to get the most out of the next 12 months, an obvious choice is to discuss your options with an estate planning attorney in Plantation. You may find it easier to approach the year with a new Last Will and Testament, trust, or advance directives. Continue this conversation with 411 Probate. We are ready to guide you toward a prosperous 2026 and beyond.

Source:

 irs.gov/businesses/small-businesses-self-employed/estate-and-gift-taxes