“B” is for Basis and “C” is for Capital Gains Tax: Don’t Throw Money Away with Poor Planning

by | Jun 4, 2018 | Avoiding Probate, Estate Planning for High Net-Worth Individuals, Minimizing Tax Exposure, Revocable Trusts, Transferring Wealth to the Next Generation

In a world where estate tax only applies where an individual US person has over $11 million in assets (or $22 million for a married couple), the main focus of estate planning clients is often avoiding probate and the fees that come with it.  (Attorneys’ fees in...