
How 2021 Tax Law Changes May Affect Your Estate
President Biden has state that he wants to make some tax law changes in 2021. Three of these tax changes could affect your estate: the estate tax, the income tax, and the capital gains tax.
President Biden has state that he wants to make some tax law changes in 2021. Three of these tax changes could affect your estate: the estate tax, the income tax, and the capital gains tax.
How does the death tax work? Actually, there is not just one “death tax”, but several types of taxes that can affect your estate at death: