estate tax Archives - About Estate Planning

Is My Children’s Inheritance Taxed?

Kevin McFadden — Wed, 07 Aug 2019 15:31:14 +0000

The general answer is no. The IRS doesn’t allow much to go untaxed, but most inherited assets are the exception (in Arizona at least). It does not matter whether the beneficiary received real property, stock or cash. Nor whether he or she received the inheritance via a Will or a… Read More

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What Happens If You Die Without a Will?

speakeasy — Fri, 27 Dec 2013 09:40:24 +0000

This was a column in a local paper that got me thinking that this is actually a very commonly asked question. First, it doesn’t all go the State. It may but this is very unlikely. Basically, the State of Arizona has written a Will for you if you fail to… Read More

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How Much Does the Government Take When you Die?

speakeasy — Wed, 06 Nov 2013 10:14:16 +0000

This question gets asked a lot. Sometimes it is asked if the Feds or Arizona tax you when you die? Sometimes it is asked if the State gets part of your estate when you die? Mostly it is thought of in terms of probate whether you have a Last Will… Read More

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Does the Estate Tax Really Hurt Small Businesses and Farmers?

speakeasy — Fri, 26 Jul 2013 10:46:40 +0000

Estate tax critics very often say the estate tax hurts farms and family businesses. I certainly don’t want to enter the tax vs. limited tax debate so I will offer no opinion here but the dialogue should be with the facts, not statements that are repeated so often they get… Read More

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