How to Reduce Capital Gains, Income and Property Taxes with a Living Trust – By, Michael K. Elson, Attorney
Since the year 2012, estate taxes have become less of a concern for most Americans. This is because the individual estate tax exemption had been raised to just over $5 million dollars. Though the anticipated 2015 estate tax rate will be 40% for any amount exceeding $5.43 million, there would be no federal estate tax…