Hopkinson & Abbondanza Blog

Hopkinson & Abbondanza, PA (September 30, 2019) is pleased to announce that Attorney Gerald (Jay) B. Schofield, Jr. has been named as a Partner. Jay has practiced with H & A for the last eight years, bringing to the firm extensive experience in residential and commercial real estate; estate planning and probate matters; corporate and business planning; and general civil litigation.

“Jay has been a valuable contributor to the growth and success of the firm” said Senior Partner James Hopkinson.

Portland attorney Rick Abbondanza discusses how gifts to charity can help real estate clients manage income taxes.

He will address questions such as:

Our colleague Gary R. Smith wrote an article on the WealthSmith Financial Blog that we thought would be of interest...

Engaging the business client in a meaningful conversation about passing the values on to the next generation can be a rewarding experience.  Knowing how to help the client focus on those values that helped establish the family legacy is the challenge.

IntroductionAs the focus of estate planning has moved from developing the best tax strategy to focusing on asset protection, values promotion, and virtues-driven planning, we as practitioners need to arm ourselves with tools to gain the client’s confidence, so that we can create plans that work not only at a financial level, but work for the founding generation, the successor generation, the clients and the other stakeholders. 

With the change in administration in Washington, along with Republican control of both sides of Congress, we are being asked what changes we expect in coming months in the area of estate and gift tax.  Should we expect that estate taxes go away?  If so, what else does that mean?

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