Expert insights on estate planning, asset protection, tax law, tax preparation, tax planning, bookkeeping, accounting practices, wealth management, and legal matters for businesses and individuals.
Articles about Estate Planning
Latest articles about Estate Planning
Complex trusts hit the top 37% tax bracket at $15,650 of income. See how SLATs, GRATs, and GST planning protect family estates — from a CPA/attorney firm.
If you've read that the estate tax exemption is about to crash back down to roughly $7 million, that's outdated information. The One Big Beautiful Bill Act (OBBBA, P.L. 119-21), signed July 4, 2025, permanently eliminated the scheduled 2026 sunset and set the federal estate and gift tax exemption at $15 million per individual and $30 million per married couple through portability (IRS Rev. Proc. 2025-32, 2025).That permanence changes the planning conversation. Estate tax planning strategies for 2026 no longer center on racing the clock before an exemption cliff. They center on a different question: which mix of lifetime gifting, trust structures, and basis step-up planning actually minimizes your family's total tax burden under law that's now built to last.
Financial planning for high net worth individuals is not just about making more money.It is about keeping it, growing it, and making sure it outlives you.Most people think once you hit a certain number in your account, money starts taking care of itself.It does not.In fact, the more you have, the more ways there are to lose it.So let's talk about what actually matters.
An IRS notice. A business deal gone sideways. A tax debt you didn't see coming. When the financial and legal stakes are high, you need one expert who speaks both languages fluently.Searching for a CPA attorney near me? This guide covers what they do, when you need one, and how to find the right fit, fast.
Tax preparation in Las Vegas NV isn't rocket science, but most people overcomplicate it. You've got options—free ones, paid ones, DIY software, or hiring a professional. The real question is: which one saves you the most money while keeping the IRS off your back? Let me break down every option so you can make a decision that actually makes sense for your situation.
You've built something. A business. A brand. Real estate. Investments. Maybe all of it. So here's the uncomfortable question: What happens when someone sues you? Not if—when. That's where an asset protection trust comes in. But here's the thing. Most people don't understand what these actually do, what they don't do, or whether they're even legal (spoiler: they absolutely are). I'm Lenny at CPA Attorney, LLC in Las Vegas, and this is the real breakdown of asset protection trusts—no BS, just what you actually need to know.
You're probably not thinking about tax and estate planning right now. But here's what happens when you don't.
Discover how integrated wealth management can protect your hard-earned assets, minimize taxes by up to 40%, and secure your family's financial legacy—without the costly mistakes that leave most Las Vegas families vulnerable. This essential guide reveals the three-pillar strategy that combines tax planning, estate planning, and investment management into one powerful framework designed specifically for high-net-worth individuals and business owners in Nevada. Learn why coordinating these services matters more than you think, and find out if your current wealth strategy is costing you thousands in unnecessary taxes and legal complications.
Nevada Asset Protection Trusts (NAPTs), also known as Nevada Domestic Asset Protection Trusts (DAPTs), are among the most powerful legal tools for shielding your wealth from lawsuits, creditors, and judgments. If you’re serious about protecting your assets and securing your legacy, understanding how a Nevada Asset Protection Trust works—and why Nevada is the gold standard—is essential.
The estate and gift tax exemption is set to drop sharply after 2025, potentially exposing more families to estate taxes. Act now to leverage the current $13.61 million exemption before it reverts to about $7 million per person. Smart planning in 2024–2025 can help you protect your legacy and minimize taxes. Big changes are coming to estate planning.
Estate and property taxes can erode your wealth if you don’t plan ahead. With the right strategies, you can reduce your tax burden, protect your assets, and ensure your legacy is passed on according to your wishes. This guide covers the most effective estate and property tax planning strategies for U.S. individuals and families.