Tax and Multi-Generational Wealth Transfer Planning
The world of estate planning and post-death estate settlement is fraught with tax issues, from income tax, to transfer tax (i.e., estate tax) to property tax.
In California, preserving low property taxes for the next generation tends to be a particularly relevant issue that can often be difficult to navigate. One counterintuitive misstep in this area can produce a draconian reassessment. We can help you safely through this minefield.
When transferring wealth to the next generation, we can assist you with tax forecasting under a variety of scenarios. In addition, we are experts in drafting trusts that can provide a large degree of flexibility to anticipate future changes to the tax landscape.