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Reducing Large Estate Federal Taxes
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Learn about reducing large estate federal taxes in this educational legal video. Then, contact our Media PA attorneys to schedule your free consultation.Do you need legal help?
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I highly Recommend Gibson & Perkins. I have used their services for approximately 6 years now and been through a few cases together with very positive outcomes. Personally, I have used Paul Fellman and Walter Timby on those occasions. Both, as a team & separately these Attorneys were wonderful to work with and easily accessible to reach if I had any questions. Professionalism is the word that comes to mind to describe the firm, as a whole. Always completely prepared for any surprises that may pop up during a trial. They were well versed on all pertinent info pertaining to each case. As I client, I always felt I was an integral part of the team, not an after-thought, that had to be brought up to speed a half hour before the trial started. I could not recommend this firm and Mr. Fellman and Mr. Timby any higher.Very Satisfied
I hired Paul Fellman after speeking to several different lawyers from different law firms because he was the most sincere. Paul did an excellent job on my landlord tenant issue I had on my rental property. He was there for me from the beginning to the end of the whole ordeal. I was very satisfied and I highly recommend him and his firm.
Learn about reducing large estate federal taxes in this educational legal video. Then, contact our Media PA attorneys to schedule your free consultation.
Question:
How can I reduce federal taxes on my large estate in Delaware County?
Answer:
As estate lawyers, we get a lot of questions from people concerned about reducing federal estate tax. This is a tax on real estate, cash, stock, or other forms of property assets that get transferred from a deceased loved one to heirs.
The tax is applied on a portion of the estate’s value that goes above the exemption level of $10.98 million per married couple or $5.49 million per person.
When you get into this range, there are some things you can do to very significantly reduce the impact of the federal estate tax. If you have an estate that is in this range, though, I think it is important that you talk to somebody who has expertise in the techniques used to reduce the federal estate tax.
At Gibson & Perkins we have the experience and the expertise to do that. Our estate lawyers are all tax lawyers. We’ve dealt with these types of problems over the years at all levels of estates. It’s always best to start as early in your lifetime as possible and, again, talk to somebody with the expertise to deal with the issues in a competent fashion.
Do you have questions about how to go about reducing large estate federal taxes in Delaware County? Contact our experienced Media, PA Estate Planning Attorneys for a free consultation.
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Client Reviews
“I highly Recommend Gibson & Perkins. I have used their services for approximately 6 years now and been through a few cases together with very positive outcomes.”
– Maria Twining
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