
Heirs of large estates may miss a valuable tax deduction
Some large estates will owe estate taxes this year and there is a valuable tax deduction that is often overlooked.
Clients need help with complex financial planning matters such as efficient wealth transfer, tax and inflation risk, and sustainable income in retirement. Financial-planning experts Bill Cass and Chris Hennessey weigh in each week with a range of insights, tips, and legislative updates.
Some large estates will owe estate taxes this year and there is a valuable tax deduction that is often overlooked.
The permanent federal estate-tax exemption levels do not mean that clients with estates of lesser value can avoid planning. Many aspects of estate-planning remain critical to a comprehensive financial...
Whether your client’s estate is large, small, or somewhere in between, a new law that took effect this year might warrant a closer look. The American Taxpayer Relief Act...