Special Needs Trust: If you want to provide for a loved one who is disabled or has special needs when you are no longer here, care must be taken to ensure…
Special Needs Trust: Third-Party Supplemental Needs Trusts Read More »
Gift or Estate Tax Trusts: You Can Benefit from Giving Gifts A benefit of working hard is sharing the fruits of your labor by giving gifts to your loved ones.
Gift or Estate Tax Trusts: You Can Benefit from Giving Gifts Read More »
How a Community Property Trust Could Save You Money in Taxes When it comes to your family’s legacy, every dollar you can save from taxation counts. One way to keep
How a Community Property Trust Could Save You Money in Taxes Read More »
Higher Tax Exclusions In 2023 Can Benefit Your Estate Plan, the buzzword of 2022 has been inflation. We all felt it – and it’s highly doubtful anyone enjoyed it. But
Higher Tax Exclusions In 2023 Can Benefit Your Estate Plan Read More »
When leaving investment properties or real estate, find out how a 1031 Exchange can become a smart Estate Planning tool to deal with capital gains taxes. Depending on the size
How A 1031 Exchange Can Avoid Capital Gains Taxes Read More »
Surviving spouses now have a longer window to benefit from unused gift and estate tax exemption of their dearly departed’s estate. On July 8, 2022, the Internal Revenue Service
How marital property is owned has implications for both estate and tax planning. In most States, spouses can purchase and own property separately from one another. However, in certain States –
How Community Property Affects Estate and Tax Planning Read More »
Although the vast majority of Americans have estates that fall under the gift and estate tax exemption, the exemption is set to be cut in half in 2026. Proper planning
What Will Happen When the Gift and Estate Tax Exemption Gets Cut in Half? Read More »
By Beverly Brown Ward, CPA Tax Season 2021 begins Monday January 24, 2022 with the Internal Revenue Service accepting e-filed federal income tax returns beginning that day. This is a
2022 Tax Season – What you need to Know Read More »
The amount you can gift to any one person without filing a gift tax form is increasing to $16,000 in 2022, the first increase since 2018. The federal estate tax exclusion
Annual Gift Tax and Estate Tax Exclusions Are Increasing in 2022 Read More »
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