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January 2018 Archives

Hawaii to decide first of its kind LGBTQ presumption of parentage case

The Hawaii Supreme Court is listening to arguments in a significant LGBTQ case, involving legal parenthood. The case involves a lesbian couple, where one of the women sought out a sperm donor and became pregnant while the other woman was deployed in the military. Upon returning from deployment, the non-pregnant spouse filed for divorce. The child was born before the divorce was finalized.

Divorce over 50

While the overall divorce rate is decreasing, the divorce rate for people over the age of 50 has increased from 1 in 10 to 1 in 4.

2018 Estate and Gift Tax Limits

For 2018, the estate tax exemption has increased to $5.6 million per individual, increased from $5.49 million in 2017. Thus, a married couple will be able to shield $11.2 million from federal estate and gift taxes.

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