If you’re looking for an advanced yet straightforward way to reduce estate taxes, an Irrevocable Life Insurance Trust (ILIT) might be the solution. This strategy is especially popular among Washington.
If you’ve inherited an IRA in the past few years, the rules for how you take money out of it have changed — and the IRS has recently clarified some.
Happy Sunday! I’m reading this book called “Alchemy: the dark art and curious science of creating magic in brands, business, and life”, and one of the overriding concepts of the.
When it comes to estate tax planning, the idea of making “deathbed gifts” — gifts made shortly before you pass away — can sound extreme. But in Washington state, it.
Happy Sunday! I’m out of town winding up a vacation, and wanted to just give a little shout out to America as the 4th of July comes upon us. I.
Happy Sunday! I thought I’d talk about this as I seem to consistently get people checking in on us after talking to their CPA and or financial planner and being.
Happy Father’s Day to all you dads out there! Hope you’re having a great day and getting to do whatever you want on your day. And, because I’m an estate.
Attention Washington residents: Did you know our state has its own estate tax that kicks in at just $3 million? That threshold includes the value of real estate and life.
Happy Sunday! Last week we talked about how a Credit Shelter Trust (sidenote – miss a newsletter? They’re ALL on our website – https://cmslawfirm.com/blog) can help married couples take their.
One of the most common misconceptions I hear during estate planning consultations is this: “If I don’t make an estate plan, the government will take all my assets.” Let me.
