by Snyder Law | Oct 13, 2021 | Estate Planning, Tax Planning
When considering your estate plan have you considered how taxes affect your estate? Some of the more commonwealth transfer strategies for estates may have significant impacts due to tax law change proposals on the precipice of being enacted into law. While it is too...
by Snyder Law PC | Jul 21, 2021 | Snyder Blog, Tax Planning
When an asset, such as property or cash, is transferred to another person without getting anything in return a gift tax may be applied. The asset has to be of a certain value for the tax to apply; otherwise, it falls under the gift tax exclusion, either annual or...
by Snyder Law PC | Jul 14, 2021 | Estate Planning, Snyder Blog, Tax Planning
On March 25th, 2021 a new bill, “For the 99.5% Act,” was introduced into Congress by Senator Bernie Sanders and Representative Jimmy Gomez. The bill’s current form is only 18 pages long, but its potential impact on federal estate and gift tax laws...
by Snyder Law | Oct 19, 2020 | News, Snyder Blog, Tax Planning
This year, the 2020 election holds many important decisions for voters, especially for California residents. On November 3rd, California residents will do more than elect new government leaders. They will also vote on two separate amendments to the California...
by Snyder Law | Mar 16, 2020 | Estate Planning FAQ Videos, Tax Planning
When a California home or other real estate is sold or transferred to another person, with the exception of some limited circumstances, property taxes will increase due to triggering a reassessment of the Prop. 13 tax base. The good news is that these exemptions...
by Snyder Law | Mar 21, 2018 | Estate Planning, Snyder Blog, Tax Planning
The new tax bill has been signed into law and will have a direct impact on 2018. One of the main goals for the Tax Cuts and Jobs Act was to simplify your taxes and this will be the case for many Americans. According to the Wall Street Journal, “tens of millions of...
Be Proactive! Long-term Care Costs are on the Rise in CaliforniaSeptember 29, 2021
Plan Ahead Before a Crisis OccursSeptember 17, 2021
Don’t Make These Mistakes When It Comes to Inheritances and Medi-CalSeptember 15, 2021
Don’t Forget to Plan for Incapacity!September 13, 2021
Considerations for Caregiving from AfarSeptember 8, 2021