Bite-Sized Bits of Knowledge

Tax Basis 101

There are many types of taxes: federal and state income taxes, federal estate and gift taxes, and federal generation-skipping transfer taxes. Thoughtful estate planning mindfully and legally maximizes the amount of money and assets your family inherits and reduces the amount of money that the government inherits upon your death. Without careful planning, you could be leaving your family a hefty tax bill surprise. Basis is essential for understanding federal and state income taxes. It is a very important part of estate planning.

Protect your family, assets and business, and gain the peace of mind of knowing you’re prepared and in control. You may feel apprehensive about estate planning, but it doesn’t have to be this way. We’ll help you achieve your estate planning goals and ensure you feel accomplished and confident. With our 4-step unique proven process, leaving a legacy you can be proud of is easier than you think. The alternative can mean significant taxes, chaos, court, costs, conflict (litigation) and a host of unpleasant and destructive surprises. Call us to get started today at 954-228-3369.

Offices in Plantation, Florida and Sound Beach, New York (Long Island).

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