Скачать или смотреть Ep 57 | How New Tax Changes Affect Estate Planning and Your Money With Kirk Holmquest

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This week we’re breaking down what’s actually going on with the latest tax changes, estate planning rules, all the noise around the markets and more importantly, how it impacts your money.

We’re joined by Kirk Holmquest from Holmquest Tax and Trust, along with Eric and Bill, to talk through what’s changed, what hasn’t, and where people tend to get caught off guard. Instead of getting buried in tax code or headlines, we focus on real-life scenarios and the decisions families, retirees, and business owners are facing right now.

We cover why a lot of people may see tax refunds this year, how deductions like SALT are opening back up for many households, and what’s changed for seniors and families with kids.

Kirk walks us through why estate planning matters even if you’re nowhere near the federal estate tax limits, how state-level taxes can quietly create problems, and why trusts, portability, and proper account titling make a real difference for your heirs. We also talk about the importance of having your CPA, financial advisor, and estate attorney all on the same page, because when they’re not, things fall through the cracks.

In this episode, we cover:
What the latest tax changes mean for your everyday finances
How estate planning rules impact families and retirees
Why state estate taxes matter more than most people realize
Common planning mistakes that can cost your family money
Simple steps to stay proactive instead of scrambling later

Big thanks to Kirk for joining us and helping make a complicated topic a lot easier to understand.

For educational purposes only. This podcast is not financial, tax, or investment advice. For personalized guidance, please contact us directly.

TIMESTAMPS:
00:53 Guest Introduction: Kirk the Attorney
02:00 Market Recap: Davos and Geopolitical Tensions
07:18 Economic Insights: GDP Growth and Market Volatility
09:19 Tax Talk: Refunds and Deductions
18:35 Filing Status and Head of Household Explained
19:34 Senior Bonus Deduction Highlights
21:51 Child Tax Credits and Dependent Care
23:33 Estate Tax Planning and Strategies
35:31 Car Loan Interest Deduction
37:34 Actionable Tax Tips and Final Thoughts