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 […]
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 […]
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. […]
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 […]