What is your estate tax obligation?
On behalf of Law Offices of Frye, Fortich & Garcia, P.L. | December 21, 2023 | Estate Planning
As you address your estate planning, you may begin to see more and more references being made to estate taxes. Most often, this is in reference to the federal estate tax, which you only pay if the taxable value of your estate exceeds the federal threshold (currently $12.92 million in 2023 and $13.61 million in 2024).