Скачать или смотреть What Deductions Can Lower My State Estate Tax? - Your Civil Rights Guide

What Deductions Can Lower My State Estate Tax? Are you curious about how to reduce the amount of estate tax owed after you pass away? In this informative video, we'll explain the key deductions that can lower your estate's taxable value. We'll start by discussing how debts and mortgages at the time of death can be deducted, directly decreasing the estate's total amount. Next, we'll cover expenses related to settling your estate, such as executor fees, legal costs, and appraisals, which are recognized by most states as deductible expenses. We'll also explain how transferring property directly to your spouse, known as the marital deduction, helps avoid additional taxes. Additionally, charitable contributions made during your lifetime or through your estate can significantly reduce your estate tax bill. For owners of farms or small businesses, some states offer special deductions if certain criteria are met. We'll also highlight how payments made for estate or inheritance taxes can be deducted to prevent double taxation. Lastly, we'll discuss deductions or credits available for property owned outside your state. Understanding these deductions is essential for effective estate planning, ensuring your loved ones receive more of your assets while minimizing tax burdens. Join us to learn how to make smarter estate decisions and protect your legacy.

⬇️ Subscribe to our channel for more valuable insights.

🔗Subscribe: https://www.youtube.com/@YourCivilRig...

#EstateTax #EstatePlanning #TaxDeductions #WealthManagement #InheritanceTax #EstateLaw #LegalTips #FinancialPlanning #TaxStrategies #FamilyAssets #EstateTaxDeductions #EstateTransfer #CharitableGiving #LegalAdvice #WealthProtection

About Us: Welcome to Your Civil Rights Guide! Our channel is dedicated to helping you navigate essential topics in elder law and estate planning. We cover everything from wills and trusts to the probate process, Medicaid planning, long-term care legal issues, guardianship and conservatorship, inheritance laws, and estate tax planning. Our goal is to provide you with the knowledge and tools you need to make informed decisions for yourself and your loved ones.