2021 Income and Estate Tax Planning Steps to Recommend to Clients
We’ve now had some time to reflect on the results of the GA runoff election and see the Biden Administration begin. This program is an in-depth 2.5-hour discussion of income and estate tax planning practitioners should consider recommending to clients now. This program will review and expand considerably on a one-hour program presented immediately after the election results were known.
The Great Divide—Personal Property and Tangible Assets in the Time of Covid and After
The practical and emotional challenges of dividing personal property anytime, but especially with Covid restrictions on historical norms, and guidance for how to make the process transparent and efficient are real, and very often, overwhelming. Oftentimes a will or trust is detailed and carefully designed to be somewhat bulletproof to avoid any ambiguity or uncertainty around what is to be done and how all but the tangible assets are to be divided.
California Proposition 19 – What Estate Planners Need to Know
As estate planners consider potential tax law changes that might occur at the federal level this year, one state is also dealing with a new property tax issue that could impact many clients owning real property in California. California Prop. 13, which was enacted in 1978, created a situation in which the assessed value of California real property for property tax purposes is often far less than the market value of such property, making it not unusual for a property to have an assessed value that is less than 20% of the fair market value. If the property tax value is reassessed (which would occur if the property is sold, or in some cases upon death of the owner), the property taxes owed can increase significantly.
Clients have a very small window of time to consider whether to take steps – and to actually take them – to preserve the potential property tax savings conferred by Prop. 13. Tune into this webinar for the latest.
Life and Death Planning for Retirement Benefits
Digital Subscription | by Natalie Choate
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