This correction was long overdue, and the Coronavirus is just the excuse, or explanation, that is easy to paste on it. If not for the virus, something else would be blamed. But it was time.
If your estate is likely to grow to taxable levels, everything over the exemption amount could be taxed at rates of about 40% for taxable estates over $500,000. Get a competent estate plan review while there’s still time.
Living trusts can help avoid guardianships. Guardianships happen if you can’t manage your affairs, and there is no legal mechanism in place to empower someone to take over.
Fortunately, some practitioners have devoted themselves to excellence of advice and the pursuit of big tax savings for clients.
Camarda is proud to report we’ve once again made this prestigious list. Here’s what they say about advisors like Camarda: “Here’s what our research has found: the very best advisors are laser focused on having a positive impact on their clients’ lives,” says R.J. Shook, president and founder, SHOOK Research. “They want to add meaning,
Jeff is super-focused on saving clients’ tax. By leveraging Doug’s considerable skills, he expects we will take TaxMaster up to a whole new level, providing tax prep, booking, accounting, and CFO services to all clients who want to see “the Camarda difference” in their tax returns and accounting quality.