Many individuals mistakenly believe that they need a large estate before concerning themselves with taxes at their death. While the Federal government does not impose taxes until an estate exceeds the Applicable Exclusion Amount, it’s important to the role that state estate and inheritance tax play, as well as a beneficiary’s own financial picture. Without careful consideration regarding the source of payment, disastrous consequences result. Read on to learn more.
- How Do I Title Thee…Part 1 - June 27, 2022
- What Makes a Will or Trust Invalid - June 20, 2022
- Spring Summit 2022: Celebrating Friendship in the Lone Star State - June 10, 2022