Increased Property Taxes for Loved Ones Following the Passage of California’s Prop 19?

With the passage of Proposition 19, California property owners face new challenges and opportunities in estate planning, particularly regarding property tax reassessment. Here’s what you need to know to effectively plan for these changes, including increased property taxes: 1. Understanding Proposition 19: Effective February 16, 2021, Proposition 19 significantly altered …

2025 Estate Tax Update

As we enter 2025, it’s important to stay informed about the current estate tax exemptions and laws that may impact your estate planning. Here’s a brief summary of 2025 estate tax update: These updates highlight the importance of reviewing your estate plan to ensure it aligns with current laws and …

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? …