We want to bring your attention to an important update in estate and gift tax laws that may impact you in the near future. The federal lifetime gift and estate tax exemptions, which currently allow individuals to shield up to $13.61 million and couples up to $27.22 million from estate tax, are set to expire…
My spouse has died, do I need to file an estate tax return? California does not have any estate or inheritance taxes at a state level.
Have you wondered what the federal landscape of estate tax has looked like over the last twenty years? It is helpful to have an understanding of current law and future changes in the law when planning your estate. Please get in touch with us if you have any questions about estate tax and how your…
The amount of money you can pass to your family through your estate is at an all-time high. But it will go down by at least 50% in 2026. Then big tax bills will be owed by your family. Right now, if you were to die, the government allows $11.7 million of your estate to…
