Mirit Hoffman, Adv., TEPMar 17, 20213 minEnduring Power of AttorneyThe latest statistics indicate that there is a consistent increase in life expectancy and today it is over the age of 80. Unfortunately,...
Mirit Hoffman, Adv., TEPMar 17, 20215 minMutual WillsIntroduction: The law regulating the area of succession and inheritance in Israel is called the Succession Law, 5725- 1965 (the “Law”)....
Mirit Hoffman, Adv., TEPFeb 28, 20212 minPreliminary Instructions for an Enduring Power of AttorneyAs mentioned in my previous article about Enduring Power of Attorney’s (EPA), Israeli law has recently changed the way it deals with the...
Mirit Hoffman, Adv., TEPFeb 28, 20214 minWealth and Estate PlanningMost people think estate planning is only for high net worth individuals (HNWI) but this assumption is very misleading. Although HNWI may...
Mirit Hoffman, Adv., TEPFeb 28, 20213 minHealthy AgingComing to terms with the reality of aging can be a challenge. Consequently, and in order to ease oneself into this stage, some key...
Mirit Hoffman, Adv., TEPFeb 28, 20213 minGuardianship and Enduring Power of AttorneyResearch shows that there is an increase in life expectancy, and that at present time it bypasses the age of 80. However, with old age...
Mirit Hoffman, Adv., TEPJan 18, 20213 minEnduring Power of Attorney - 10 Reasons WhyIsraeli law has changed the way it deals with the elderly and incapacitated by empowering them with a l
Mirit Hoffman, Adv., TEPJan 18, 20214 minEstate Planning and US Tax IssuesEstate planning is used for various reasons, but the bottom line is that it is all about giving oneself some piece of mind before they pass
Mirit Hoffman, Adv., TEPJun 8, 20202 minIt Takes a VillageWhen we were younger, parenting a baby or two, (or three…), we used our close neighbors, a best friend, and for those who were lucky,...
Mirit Hoffman, Adv., TEPAug 21, 20193 minIsrael Step-Up upon InheritanceAs of today, Israel does not apply estate tax upon death, as opposed to other countries (such as the US and the UK) that do. This is good...
Mirit Hoffman, Adv., TEPJul 10, 20193 minRevising Your WillSo you finally sat down and did some serious estate planning which included preparing a Will. However, that may have been over 20 years...
Mirit Hoffman, Adv., TEPMay 22, 20194 minThe World of WillsWills and estate planning are the most important area of planning you can do for yourself and your family. However in Ethiopia many...
Mirit Hoffman, Adv., TEPDec 20, 20184 minEstate Planning and Clawback RulesAccording to U.S. law, all U.S. citizens regardless where they live have an obligation to pay taxes on their worldwide income. In...
Mirit Hoffman, Adv., TEPDec 20, 20183 minTrusts and Taxes-Double TroubleSince January 1, 2003, Israel has changed its method for collecting tax from its residents by using a system called "personal taxation"....
Mirit Hoffman, Adv., TEPMay 14, 20185 minEstate Planning -Part TwoIn Part One of the estate planning article, I discussed the Israeli Inheritance Law and how to prepare wills according to Israeli law. ...
Mirit Hoffman, Adv., TEPMay 14, 20185 minEstate Planning-Part OneMost people do not realize how important estate planning is and therefore, it is a task that is often overlooked or pushed aside till...
Mirit Hoffman, Adv., TEPApr 26, 20184 minAll you need to know about the Foreign Bank Account ReportingIt is tax season again, and according to U.S. law, all United States citizens (including green card holders) have an obligation to pay...