Ensuring your property is protected and your loved ones will be cared for after you’ve passed away is an important goal. However, it’s never one that’s accomplished and left alone: rules and laws are constantly fluctuating, meaning you may need to adjust your plan accordingly. Recently, these laws changed again with the...
Category: Tax
2016 Gift and Estate Tax Update
Under the law known as the American Taxpayer Relief Act of 2012 or ATRA, passed on January 1, 2013, the estate tax was made a permanent part of the tax code and the exemption amount is automatically indexed for inflation.
Here are questions and answers concerning the federal estate...