2 results for tag: Living Trusts
Tax Considerations When a Loved One Passes Away (Part 2 of 3)
If you become an executor of your loved one’s estate, you may have some important tax decisions to make. Here are some quick thoughts. The now-deceased loved one may have been single or married and may have been a relative or not.
Tax Considerations When a Loved One Passes Away (Part 1 of 3)
During these challenging times dealing with COVID-19 and the additional challenges economic and otherwise it brings, if a loved one passes away and you serve as the executor or inherit assets, you need to consider your duties and so some tax planning.