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
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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...