Estate Planning can Prevent the Federal Government from Taxing you Twice
We can help. Contact our office in Tomball at 281-351-7897, or the Woodlands, Texas at 281-602-1902. Conroe clients may dial 936-271-2671.
All your life the IRS has taxed every penny you earned. If you have an estate worth more than two million dollars, including life insurance and real estate, the federal government will be at the front of the line at your death, waiting to tax your income a second time. With a little prior planning, some, and often all, of these taxes can be avoided. At Bolton & Bolton, PC, we have the knowledge and experience to legally minimize or eliminate federal estate taxes.
Double the amount you can leave tax-free with a bypass trust.
If you are married, and plan to leave everything to your spouse at your death, you will never get to use your two million dollar federal estate tax exemption. At Bolton & Bolton PC in Tomball and The Woodlands, Texas, we can show you how to use a Bypass Trust, also known as a Credit Shelter Trust to double the amount of tax-free property you can leave your children, without depriving your spouse of the use of all your hard earned money.
Protect Additional Funds with a Life Insurance Trust
At Bolton & Bolton PC in the Woodlands and Tomball, Texas we can help you minimize the estate taxes due on your death by transferring ownership of a life insurance policy into a life insurance trust. Contact us at 281-351-7897 in Tomball or 281-602-1902 in the Woodlands, or 936-271-2671 in Conroe to schedule an appointment with an attorney to determine if a Life Insurance Trust is right for you.
Watch your Gifts Grow with a Crummey Trust
At Bolton & Bolton, PC in Tomball and The Woodlands, Texas, we can help you establish a trust to contain gifts for your children or other loved ones. Contact us to schedule an appointment and an attorney will explain how you can utilize the annual gift exclusion to transfer for substantial portions of your property free of the federal estate tax.
Contact Us
To get more information or to schedule an appointment with an experienced lawyer regarding estate planning, please contact us in Tomball at 281-351-7897 or at our office in The Woodlands at 281-602-1902. Conroe clients are invited to call our Conroe line at 936-271-2671.
