Usually you want to get your estate tax planning advice from an attorney. But it’s often helpful to understand beforehand some of the basic tactics available. An upfront understanding better prepares you to talk with an attorney. And then beyond that point? With some basic information, you may also be able do some thinking. Even […]
Estate tax returns
Washington State Estate Tax Return: When to File and Pay Taxes
Many people’s estates don’t file a federal, estate-tax tax return. The filing thresholds are huge. In 2022, for example, your gross estate needs to exceed $12,060,000 before your executor or personal representative needs to file a federal Form 706 and potentially pay estate taxes. Washington state, unfortunately, sets a far lower filing threshold. And many […]