2021 ESTATE PLANNING AND TAX UPDATE
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
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…
