The Estate Tax Exemption for 2025: A Gift That Won’t Last Forever Starting in 2025, the federal estate tax exemption will increase to $13.9 million per individual, up from $13.61 million in 2024, thanks to inflation adjustments. For married couples, this doubles to $27.8 million with proper planning. This exemption shields a significant…
Understanding the Beneficial Ownership Information Reporting Requirement: What You Need to Know In light of a recent federal court order, reporting companies are not currently required to file beneficial ownership information with FinCEN and are not subject to liability if they fail to do so while the order remains in…
Does a Will Require Probate in California? A Thanksgiving Guide to Simplifying Estate Planning As we gather with loved ones to celebrate Thanksgiving and reflect on the blessings in our lives, it’s also a good time to think about how we can pass those blessings on to future generations. A…
Why Creating an Advance Health Care Directive is the Ultimate Act of Love Imagine this: you’re sitting in your favorite chair, sipping tea, and thinking about the future. Not the big things like the next family vacation or your career goals, but the quieter, more delicate parts of life—your health,…
Navigating A/B Trusts and Disclaimer Trusts in Estate Planning: A Guide for California Couples For married couples in California aiming to protect their assets and reduce estate taxes, A/B trusts and disclaimer trusts offer two distinct paths in estate planning. Both approaches leverage federal estate tax exemptions, yet they differ…
