Laura Hoexter

Will Valuation Discounts for Family-Controlled Entities be Eliminated?

Business, Estate Planning and Probate, Wealth Transfer

Many families establish Family Limited Partnerships (FLPs) or Limited Liability Companies (LLCs) and then gift interests in these entities to their children.  In doing so, they take advantage of valuation discounts (discounts for the lack of marketability of a family-controlled entity and for minority interests), and pass significantly more value than could be claimed for […]


Laura Hoexter

Washington State’s New Digital Assets Act

Estate Planning and Probate

Washington State recently passed a new law regarding fiduciaries and digital assets.  In general, a fiduciary is a person who “steps into your shoes” if you become incapacitated or die. Examples are an Attorney-in-Fact under a Power of Attorney, or a Personal Representative (sometimes called an Executor).  Digital assets are files and information stored in […]


Laura Hoexter

The Case of the Casket

Estate Planning and Probate, Litigation

Who owns Lee Harvey Oswald’s Coffin?
On November 22, 1963, Lee Harvey Oswald killed President John F. Kennedy. Two days later, Oswald was shot and killed by nightclub owner Jack Ruby. Immediately following Oswald’s death, his brother, Robert Oswald, began making funeral arrangements. Robert purchased flowers, a dark suit and a pine coffin for his brother.


Not All Charities Are Very Charitable

Estate Planning and Probate

Last week the Tampa Bay Times, Center for Investigative Reporting and CNN released a report on America’s Worst Charities. While the fraud and abuse uncovered is disturbing, the report provides a stark reminder of the importance of performing due diligence prior to making a charitable donation or bequest and properly identifying charities in your estate planning documents.