2021 ESTATE PLANNING AND TAX UPDATE

2021 ESTATE PLANNING AND TAX UPDATE

ByLiberty UptonJanuary 12, 20217 min read

Washington State Estate Tax Exemption The Washington State estate tax exemption (“WA Exemption”) has not changed in the last couple of years and remains at $2,193,000 per person in 2021. The WA Exemption is supposed to be indexed for inflation;…

Should You Update Your Estate Plan In Light of Biden’s Proposed Tax Plan

Should You Update Your Estate Plan In Light of Biden’s Proposed Tax Plan

ByLiberty UptonNovember 25, 20203 min read

In the lead up to the 2020 election, there has been speculation that tax law changes may occur in the first year of a Biden Presidency if Democrats maintain control of the House of Representatives and flip the Senate. The…