jwberget1
New Member

Estate planning legal expense

deductible estate planning expenses?  In 2018 my wife and I paid $2,900 for estate planning for income-generating farmland, as well as our income-generating investment portfolios as follows:  $300 for 2 Powers of Attorney; $300 for 2 Health Care Directives; and $2,300 for 2 Trusts, and accompanying 2 Transfer on Death Deeds that cover the farmland and our homestead.  Are any of these expenses deductible?  I plan to itemize.