Estate Tax

November 7, 2019

Making gifts to loved ones? Don’t forget tax planning

Many people want to pass assets to the next generation during their lifetimes, whether to reduce the size of their taxable estates, to help family members […]
June 14, 2022

Your estate plan: Don’t forget about income tax planning

Your estate plan: Don’t forget about income tax planning As a result of the current estate tax exemption amount ($12.06 million in 2022), many people no […]
September 7, 2022

Don’t forget income taxes when planning your estate

As a result of the current estate tax exemption amount ($12.06 million in 2022), many estates no longer need to be concerned with federal estate tax. […]
April 18, 2023

There’s a favorable “stepped-up basis” if you inherit property

A common question for people planning their estates or inheriting property is: For tax purposes, what’s the “cost” (or “basis”) an individual gets in property that […]