taxes
Using a QCD Can Ghost Your RMD
If you are giving to charity, give your RMD, and reduce your taxable income.
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taxes
estate planning
Do You Need to File a Gift Tax Return?
When you should file a gift tax return (IRS Form 709).
taxes
2024 Gift and Estate Tax Exemption
The Estate and Gift Tax Exemption and Annual Gift Exclusion 1997-2024.
estate planning
Beware of the Bypass Trust in Your Living Trust
You may need to amend your living trust if it has a bypass trust provision
estate planning
2023 Gift and Estate Tax Exemption
2023 gift and estate tax exemption and annual gift exclusion. How much can you gift without a gift tax?
estate planning
California Probate
California probate is complicated, time consuming and very expensive. A typical California probate could take 18 months and cost over $30,000 -...
taxes
New IRS Regulation Allows 5 Years to Elect Portability
The IRS just issued Revenue Procedure 2022-32, which allows a surviving spouse to elect "portability." Read on to find out what this means for you.
estate planning
California Proposition 19
California Prop 19 eliminates Parent Child Reassessment Exclusion but Expands Base Year Value Transfer