🏡💸 Attention Massachusetts residents: Did you know about the $2 million estate tax threshold? In the Bay State, estates valued at less than $2 million are exempt from estate taxes. Plus, for married couples, the unused portion of one spouse's exemption can be transferred to the surviving spouse. 💼💰 Take advantage of this opportunity to minimize estate taxes and ensure your loved ones receive the maximum benefit from your legacy. Let's plan strategically and secure your family's financial future. #EstateTaxBenefits #MassachusettsLaw #PlanAhead #MAEstatePlanningAttorney
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🏡💸 Attention Massachusetts residents: Did you know about the $2 million estate tax threshold? In the Bay State, estates valued at less than $2 million are exempt from estate taxes. Plus, for married couples, the unused portion of one spouse's exemption can be transferred to the surviving spouse. 💼💰 Take advantage of this opportunity to minimize estate taxes and ensure your loved ones receive the maximum benefit from your legacy. Let's plan strategically and secure your family's financial future. #EstateTaxBenefits #MassachusettsLaw #PlanAhead #MAEstatePlanningAttorney
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O’Connor understands the complexities of estate taxes and helps clients plan strategically for the long term. Options to reduce estate taxes include trusts, family limited partnerships, making gifts during life and at death, and effectively using partial interests. Learn more at https://lnkd.in/gg5kUgyv. #oconnor #EstatePlanning #financialplanning
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Helping residential and commercial property owners fight the appraisal district to reduce their assessed property value.
O’Connor understands the complexities of estate taxes and helps clients plan strategically for the long term. Options to reduce estate taxes include trusts, family limited partnerships, making gifts during life and at death, and effectively using partial interests. Learn more at https://lnkd.in/gufgqxQC #oconnor #estateplanning #financialplanning
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Single w/ $7MM+ or Married w/ $14MM+? You might have a taxable estate soon. Learn the basics of the estate tax in our simple article. https://buff.ly/3JauVpj
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If you’re over 65 years of age, the choice between having a standard Trust or a Will can have significant implications on the cost of your estate and on future taxes due. You could be missing out on significant tax savings by overlooking the option of creating a Trust. Passing away without either document can cause confusion and even conflict for your loved ones too. Both unnecessary consequences which are avoided with the right estate planning documents. Plan today, we can help put an estate plan into place. Your Story Is Our Story™️. #EstatePlanning #TrustVsWill #LegalPortfolio #YourStoryIsOurStory
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🔎 Maximise Your Estate Planning with Annual Exemptions! 🔍 In the UK, annual exemptions are a key strategy for reducing inheritance tax. By smartly using these exemptions, you can transfer wealth to your heirs while minimising the tax burden on your estate. Discover how to: ▪ Utilise the £3,000 annual gift exemption. ▪ Take advantage of small gifts and marriage exemptions. ▪ Plan strategically to protect your financial legacy. Click the link below to find out how these annual exemptions work and why they might be right for your estate planning strategy. 👇 ➡➡ https://lnkd.in/eFdz6qWQ ⬅⬅ #taxplanning #gifting #estateplan #IHT #EstatePlanning #FinancialPlanning #financialadvice #TaxExperts #TaxPlanning #financialadviser #taxplanning
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Consider the differences between big taxes and little taxes in your estate planning, and learn how to reduce the final amount of tax you pay. This episode of Retiring Canada will cover common strategies to minimize tax, advanced planning for high net worth, and potential drawbacks in planning for probate. #retirementplanning #fundamentalwealth #retirementpodcast #retiringcanada #financialpodcast
Big Tax Vs Little Tax
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Just in case you were curious… . 👉 Mississippi is the cheapest state to die in. . Why? . ✅ It doesn’t have estate tax ✅ It doesn’t have inheritance tax . Not to mention, it only costs around $6K for a funeral there! . Have questions about estate planning? Send us a message! . #Taxes #Elderly #DidYouKnow
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You are probably familiar with the infamous federal estate tax but Nebraska residents (and non residents who own property located in Nebraska) also should be aware of another death tax: Nebraska Inheritance Tax. Contact me to help you plan for your final affairs, especially if there is an intention for beneficiaries other than a spouse or closely related family members to receive assets and check out my article below to learn more. #nebraskainheritancetax #inheritancetax #estateplanning #estateplan #attorneyomaha
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Just in case you were curious… . 👉 Mississippi is the cheapest state to die in. . Why? . ✅ It doesn’t have estate tax ✅ It doesn’t have inheritance tax . Not to mention, it only costs around $6K for a funeral there! . Have questions about estate planning? Send us a message! . #Taxes #Elderly #DidYouKnow
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