Starting Jan 1, 2025, a change has been adopted by the Washington Department of Revenue regarding filing requirements for the Estate and Transfer tax return (Estate Tax). New rule excluding…..
Category: Estate Tax Planning
Navigating the Changes: Federal Estate and Gift Tax Exclusion for 2024-2025
In the realm of estate planning, we want to bring to your attention an important change that is coming, one that demands attention and strategic action. The Federal estate and…..
Estate Tax Planning: It is Time To Do Some Work
If your estate as a married couple is worth more than $10 million dollars (or if you are single and your estate is worth more than $5 million), it is time to review your estate planning documents. Under current federal estate tax laws, a married couple can die with $23.18 million dollars and not pay any federal estate taxes. That may…
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