Death Taxes: Where We Are Headed

Death Taxes: Where We Are Headed

Tax laws are in constant flux, and can have a significant effect on your estate planning needs. This goes doubly so for large estates. While it is wise to consult an accountant on the minutiae, we thought it best to discuss two prominent tax exemptions, and their influence on your estate planning. They are the […]

A Brief Guide to Stepped-Up Cost Basis

A Brief Guide to Stepped-Up Cost Basis

What is Stepped Up Cost Basis and how is it important? Below is our brief guide! In a nutshell, stepped-up cost basis saves you capital gains tax! What’s that? It’s the tax on the value of an asset paid when you sell it, based on the increase in that value (called the adjusted cost basis). […]