The executor, most of the time, is charged with filing the state and federal income tax return for the deceased at the year of death. The surviving spouse is responsible if they file...
Posted by Karen Munoz, EA on 12/10/2021
Writing a will is stressful, but it's never a bad time to start estate planning. Whether motivated by age, circumstances, or sometimes guilt, estate planning is a necessary step...
Posted by Income Taxes and Bookkeeping LLC on 10/19/2021
The gross estate's value must be determined to know if an estate tax is paid and how much it will cost. Subtitle B, Title 11, Subchapter A, Part III of the Internal Revenue Code...
Posted by The TaxAdvocate Group, LLC on 04/26/2021
The grantor, which can also be called the creator, settlor, trust maker, or trustor, is the party who forms the trust. For married couples, if the trust was established jointly, they...
Posted by CORE PERFORMANCE on 04/06/2021
Taxation of trust fund incomeDeath and taxes are two things that you cannot avoid in life. While there are ways to minimize your tax participation, you certainly can't get rid...
Posted by Carmen Garcia on 03/09/2021
Estate planning law is slowly but surely catching up to modern technology. In most states, electronic wills are paved its way by the latest development. One that recognizes the...
Posted by Flynn Financial Group Inc on 12/29/2019
There are things that are inevitable, some of them are death and taxes. As a loved one bid goodbye from mortality, his liability from this world remains that would be the responsibility...
Posted by Global Accounting on 03/01/2019
Making a will actually is quite a stressful procedure. There is never late to start some estate planning. Whether prompted by circumstances, occasion, age, or guilt, the estate planning...
