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Yearly Archives: 2017

Gift Taxes Paid Continue as Washington Taxable Estate Assets for Three Years

Posted on by Kristi Richards

Making gifts shortly prior to death does not eliminate the federal gift taxes paid from a Washington resident’s estate.  Washington’s Supreme Court recently released a decision requiring federal gift taxes paid within three years of death must be included in … Continue reading

2017 Estate Tax Updates

Posted on by Kristi Richards

Currently, both Washington state and the federal government have an estate tax due at an individual’s death, depending on the value of the assets the decedent owned. Both Washington and the federal government specify an amount of assets and money … Continue reading