A step-up in basis can reduce capital gains tax liability on assets. Some assets can appreciate in value or lose value while owned. Examples include
Taxes can be steep for those who inherit. At the current exemption threshold, few people will be impacted by the federal estate tax. Although more
Surviving spouses are often left to navigate financial issues. Your spouse recently died. Your world has changed because that relationship cannot be replicated. Although it
How you divide your estate plan impacts your loved ones. Parents who want to leave their assets to the next generation will have more decisions
Easy is not always better, especially when it comes to estate planning. Life is full of choices. Many factors guide the decisions we make moment
Married Americans may be able to use a SLAT in their estate planning. Estate taxes allow the government to take a portion of what people
Mistakes are part of life, but estate planning mistakes can hurt those you love unnecessarily. Especially given the heightened concerns surrounding the “pandemic,” many people
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