Personal Tax and Estate Planning Newsletter | June 2023
Posted by Christine Proulx Grzyb on June 20, 2023
Personal Tax and Estate Planning Newsletter
June 2023
Get a head start preparing for the 2023 tax year with estate planning strategies, additional high net worth income and investment taxes, protecting inheritance, and caring for family members in our June Personal Tax and Estate Planning newsletter.
- High Net-Worth Individuals Responsible for Income Plus Investment Taxes
- For those individuals that pay both the standard income tax plus the net investment income tax there are strategies that can be implemented to minimize the tax.
- Top Two Tax-Smart Estate Planning Strategies
- Estate plan strategies can vary based on individual circumstances, however these two-tax smart strategies should be include in everyone’s plan.
- Five Steps to Implementing Your Estate Plan Without Challenges
- Follow these five steps to help avoid challenges to your estate plan.
- Keys to Protecting an Inheritance
- The best strategy to follow when you receive an inheritance is to take your time prior to spending the assets and make you familiarize yourself with distribution rules and related taxes.
- Naming A Guardian for Minor Children
- The importance of selecting a guardian for minor children and the considerations that should be made when selecting a family member or close friend.
- Steps to Manage Elderly Parent Needs
- The best strategy to follow when you receive an inheritance is to take your time prior to spending the assets and make you familiarize yourself with distribution rules and related taxes.