Schedule An Initial Consultation:
Taxes are not just for individuals—they can impact certain types of trusts as well. Whether a trust pays its own taxes or whether the taxes are paid by the trust’s beneficiaries or the trustmaker depends on several factors. Grantor Retained Annuity Trusts If the trust...
Many of my clients who are grandparents care deeply for their grandchildren and want to support them as best they can. However, when a grandparent leaves assets to a grandchild, and therefore “skips” over their parents, the generation-skipping transfer tax (GSTT) can...
Many of my clients want to gift or transfer property to beneficiaries of their choosing. There are several options. Each person may make outright gifts to any number of people they choose during their life time annually. The amount allowed changes but today, you can...
A Residential Tax Exemption is enabled by a city or town to drop the assessed value on homeowner real estate property values for a discount payment on residential taxes. There are no income or asset thresholds or requirements other than filing with the city or town....
