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Home Archives for depreciation

Brittany Martin October 3, 2019

Income Tax Basis

Income tax basis is important in tax and estate planning. This article examines the concept of income tax basis, how one acquires a basis, how it gets adjusted, etc. The article then examines how the … [Read more...] about Income Tax Basis

Filed Under: Estate Planning, legal education Tagged With: depreciation, gain, Income tax basis, step-up

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Joint Tenancy Problems in Estate Planning

Sometimes people use Joint Tenancy as an easy, simple way to do Estate Planning. However, this can have serious, unexpected drawbacks. Read on to … [Read More...] about Joint Tenancy Problems in Estate Planning

Dynasty Trusts

What’s a “Dynasty Trust?” Such a trust is one that continues for the maximum term possible. There can be estate tax advantages to such a trust. Read … [Read More...] about Dynasty Trusts

Biden Administration Could Reduce Estate Tax Exclusion

Runoff Elections in Georgia resulted in a Senate controlled by Democrats. Could this impact your Estate Planning? It’s possible. Read on to learn … [Read More...] about Biden Administration Could Reduce Estate Tax Exclusion

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