Estate Tax Exemptions: What Happens in 2025? The TCJA and Estate Taxes In 2017, the Tax Cuts and Jobs Act (TCJA) significantly impacted estate taxes. It doubled the federal estate, gift, and generation-skipping transfer tax exemption. This means that individuals can pass on a larger amount of wealth to their heirs before facing federal estate […]

Understanding Inheritance Tax Laws The Basics Inheritance tax can be a complex area of law, and it’s important to understand the rules in your jurisdiction. These rules determine when an estate is subject to tax, and what assets are included. One common point of contention involves trusts. A trust document dictates how assets are managed […]

Can I Sign Over My Inheritance To Someone Else? In California, if you’ve inherited assets but wish to transfer your inheritance to someone else, you have several legal avenues to consider. Understanding these options is crucial to ensure compliance with state laws and to address potential tax implications. How to Transfer Your Inheritance Assignment of […]

Protect Your Assets and Family with a Better Estate Plan Why is Estate Planning Important? An estate plan is a crucial part of ensuring your financial security and the well-being of your loved ones, even after you’re gone. It outlines how your assets will be distributed, who will care for your dependents, and other important […]