Proposition 19, which will be on California’s November 2020 ballot, dramatically changes the property tax rules exempting certain intra-family transfers and primary residence transactions for certain individuals such as those...more
Now may be an opportune time to gift assets out of your estate, particularly through an estate planning technique known as the Grantor Retained Annuity Trust (“GRAT“)—a small silver lining of the alarming pandemic and down...more
9/4/2020
/ Estate Planning ,
Estate Tax ,
Estate-Tax Exemption ,
Fair Market Value ,
Grantor Retained Annuity Trusts (GRATs) ,
Grantor Trusts ,
Income Taxes ,
Internal Revenue Code (IRC) ,
Irrevocable Trusts ,
Tax Liability ,
Tax Planning ,
Tax Rates