What are the taxes my kids/beneficiaries will have to pay when I die?
In general, the recipient of your assets doesn’t have to pay taxes, but let’s explain how taxes and estate planning work together.
How can I minimize estate taxes in California?
How to minimize taxes in California generally involves planning for several types of taxes, including estate taxes, gift taxes, capital gains taxes, and property taxes.
Does my property tax change if I put my house in a trust?
Property tax is a county-assessed tax that changes when there is a change in ownership. In general, if you move your own house into your own living trust, there is not a reassessment of property tax. However, there are always exceptions!
What is portability and how does it apply to me?
Married couples can use the estate tax exemption amount of both spouses, so long as the surviving spouse timely files Form 706 with the IRS.