Meet Our New Attorney – Michael A. Schmidt

Meet Our New Attorney – Michael A. Schmidt

We are so pleased to announce our newest attorney, Michael A. Schmidt. Mr. Schmidt joins Galbraith, PLLC as an Associate in the firm’s Naples office. Mr. Schmidt practices in the areas of estate planning and administration. His estate planning practice includes many...

Utilizing Spousal Lifetime Access Trusts

Utilizing Spousal Lifetime Access Trusts

The 2020 federal estate and gift tax exemption is $11,580,000, but under the current law, the exemption is slated to revert to the 2017 level of $5,490,000, adjusted for inflation at the end of 2025. A few months ago, the biggest factor in predicting the fate of the...