Do You Need A Tax Attorney For Estate Planning?
Do you need a tax attorney for estate planning? Usually not, says estate attorney Andrew Dósa—a CPA can handle routine questions. Federal estate tax only hits multi-million-dollar estates, and California has none. Washington does, though, so couples there often use a trust that splits assets at the first death into two shares, keeping each below the state exemption.
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Answered by Andrew Dósa · Tacoma, WA and Oakland, CA
Highlights
Frequently Asked Questions
Do you need a tax attorney for estate planning?
Usually not—a CPA can handle routine questions, since federal estate tax only hits multi-million-dollar estates.
Does California have an estate tax?
No—California relies on the federal threshold and has no state estate tax of its own.
How can a couple avoid Washington estate tax?
Washington does have one, so couples often use a trust that splits assets at the first death into two shares, keeping each below the state exemption.
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