Federal Estate Tax Planning

The Law Offices of Caren R. Nielsen provides counseling and representation in tax matters, including Federal estate and gift tax issues, post mortem tax planning, and real property tax matters with an emphasis on the tax consequences involved in making gifts, title issues and estate planning.

Due to the Economic Growth and Tax Relief Reconciliation Act of 2001, the tax laws will be different in each of the next 4 years.  For example, the estate tax rates and exclusion amounts are as follows:

Without proper planning, the above estate tax will apply to all assets above the exclusion amount at the date of death, including one’s home, life insurance and retirement accounts.  Therefore, estates of all different sizes require accurate estate tax planning advice.