Brace for 2026's new tax landscape with the sunset of the Tax Cuts and Jobs Act! 👉 Book a Call at www.cunninghamlegal.com/book-... for estate planning, tax planning, and expert tax advice.
Watch for the Tax Cuts and Jobs act of 2017 explained, along with the changes in store for 2026. Key provisions are expected to shift, with the standard deduction and the $13.61M exclusion for estates and gifts potentially being cut in HALF. For a 32% tax-bracket individual earning $200K annually, this could result in an extra $2,032 in annual income tax. A $10 million estate could face $1.4 million in estate taxes under the reduced exclusion limit.
👉 Book a Call at www.cunninghamlegal.com/book-... to learn how to make a living trust, avoid California estate tax, and talk to a family trust lawyer.
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CONTACT us at www.cunninghamlegal.com/calif... to discuss estate planning, keeping your last will or living trust up to date, and find out about upcoming California estate planning events. Offices throughout California.
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10 июл 2024