Comprehensive Tax Estate Planning Services You Can Rely On
Our legal team at Kaiden Elder Law Group, PC proudly offers a wide range of tax planning strategies to help clients across the greater Oxnard and Ventura County areas plan ahead to reduce the transfer tax (estate, gift and generation-skipping taxes) ramifications on their estate. We know that tax law is confusing and complicated to pretty much everyone who does not hold an advanced degree in taxation or is a tax professional such as a CPA. That's why it's essential that you speak with a knowledgeable tax attorney who practices estate planning. Mr. Kaiden has a Masters Degree In Tax Law and worked for KPMG, one of the world biggest accounting firms, before he opened his own tax and estate planning law firm. Our experience makes us uniquely qualified to guide clients through the labyrinth of tax codes created by our government. Indeed, we offer practical solutions to help protect your assets and create smooth estate planning transitions from generation to generation.
Current Estate & Generation-Skipping Tax Landscapes
Currently, anyone can give away $11,700,000 in assets without facing any type of transfer tax repercussions. Plus, if you're married, you and your spouse can leave more than $23 million in assets to your family without transfer tax consequences. But if Congress doesn't act, these generous exclusions sunset in 2025. Moreover, since the political climate is dicey right now, it isn't hard to envision a crack down on the taxation of generational asset transfers. Indeed, wise families are planning ahead, in case of any outcome, to make sure strategies are in place for the smooth (tax free) transfer of their assets to loved ones.
We Make Tax Planning for Your Estate Simple But Time is of the Essence
If you need reliable guidance to assist you with your transfer tax planning strategies, the sooner you get started with us, the better. The more time you give our knowledgeable legal team at Kaiden Elder Law Group, PC to plot a course of action for the smooth transition of your unique estate, the more we can accomplish on your behalf.
Without a doubt, comprehensive transfer tax planning takes time if you want to achieve all of your goals, so please don't hesitate to reach out to Kaiden Elder Law Group, PC if you want to reduce the potentially devastating tax ramifications caused by gift, estate, and generation-skipping taxes.
Tax Reduction Trust Videos
How Are Trusts Taxed?
Can Life Insurance Trusts Reduce Tax?
How do Life Insurance Trusts Work?
What is a Generation Skipping Trust?
Charitable Trusts: How It Pays To Give It Away?
How Family Businesses Can Help Reduce Tax?