Estate taxes are applied based on the value of assets that the decedent owned. Thus, unlike income tax which looks to sources of income, the estate tax focuses on the value of assets owned. This raises questions as to what the fair market value is for assets on the date the decedent died. Opinions can…
Category: Estate & Gift
Estate & Gift
Counsel on estate planning and gift tax issues, including trust creation and administration, wealth preservation, and minimizing tax liabilities. Give us a call to see how we can help, (713) 909-4906.