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Kenziskin

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Assembly Proposes to Reduce Estate and Gift Tax Exemptions to $3.5 Million By- Attorney Kenneth Ziskin

UncategorizedBy AOA EditorAugust 1, 2019

Earlier this year, State Senator Scott Wiener (D – San Francisco) introduced legislation to dramatically increase taxes on wealth transfers by California residents.  This follows the failure of a proposed California Estate Tax initiative to qualify for the 2018 ballot. His bill, SB 378, would put a referendum on the 2020 General Election ballot to…

Estate Planning Strategies to Save Income and Property Taxes by – Attorney Kenneth Ziskin

UncategorizedBy AOA EditorApril 1, 2019

When I started practicing law decades ago, the tax part of estate planning focused almost exclusively on minimizing estate, gift and generation-skipping taxes (collectively, “Transfer Taxes”).  Back then, the highest Transfer Tax rate was 70%, and the exclusion was only about $120,000.

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