We have a federal estate tax in the United States, and it carries a 40 percent maximum rate. Given this hefty rate, the estate tax can significantly erode the wealth that you are passing on to your heirs.
Topics covered in this whitepaper include:
- Federal Estate Tax Marital Deduction
- Estate Planning for Non-Citizens Spouses
- Estate Tax Exclusion
- Gift Tax
Click here to read the whole article or download the PDF.
Timothy P. Murphy is an estate planning and elder law attorney whose practice emphasizes helping people to build, preserve and pass on their wealth. He works with his clients to accomplish their goals while avoiding unnecessary court proceedings and minimizing or eliminating exposure to death taxes.
Latest posts by Timothy P. Murphy (see all)
- Changing “Irrevocable” Trusts Through Judicial and Nonjudicial Modification - September 22, 2021
- Donor Advised Funds: Too Good to Be True? - September 20, 2021
- How to Apply for Medi-Cal in California - September 18, 2021
Leave a Reply
You must be logged in to post a comment.