Reduce Estate Taxes to Maximize Your Wealth Transfer

Estate tax exemptions are expected to decrease in the near future. However, ILITs (irrevocable life insurance trusts) can help you reduce estate taxes to maximize your wealth transfer to future generations.

In this episode of Kyle Malmstrom’s podcast, Kyle speaks with Kristina Hess, estate planning attorney at KR Hess Law, PC. Join Kyle and Kristina as they explain what ILITs are, how to set them up, the tax benefits, and why they are becoming increasingly relevant among high-net-worth individuals.

In this episode, Kristina discusses:

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Happy Holidays! Plus Tax Law Changes for 2021

Greetings friends, clients and colleagues… Thank you for voting KR Hess Law Best Trust and Estate Planning Attorney on the SD North Coast for the 4th Time! We so appreciate your referrals to friends and family! Tax Law Changes There have been a lot of tax law changes this year and …

Guide to 2018 Estate Tax Law Changes

From the desk of San Diego Trust and Estate Attorney, Kristina R. Hess of KR Hess Law, PC

Greetings and a very Happy New Year!

I hope everyone is having an amazing new year. 2018 is set to be a stellar year – even if we have a little market correction going on …

We are in full swing here at KR Hess Law and will continue to offer regular seminars on the Truth About Estate Planning.

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Avoid Capital Gains Tax by Building Legacies

From the Desk of San Diego Estate Planning Attorney, Kristina R. Hess Do you have Real Estate, Stock or other Assets that have appreciated significantly? Do you want to sell the asset (maybe you no longer wish to be a landlord), but you’re concerned about the 35+% capital gains tax? …

Changes … Estate Tax Relief Until 2012!

From San Diego Will and Trust Attorney, KR Hess Law, Kristina Hess You Need to Review Your Trust Seriously, I didn’t think it would pass … but I guess I underestimated the power of politics … We have a 2 year extension … Estate Tax Relief until December 31, 2012. What this …

Estate Tax Exemption News … They Are Trying Again

From the desk of Kristina R. Hess, San Diego Trust and Estate Attorney: Estate Tax News for San Diego Estate Planning families: 55 cents of every dollar over $1 million is what the government is currently set to recover under the current estate tax law scheduled to become effective January 1, …