Taxes can affect you even if you aren’t around to pay them anymore. If you leave behind a sizeable estate, your money may be subject to an estate tax before it finds its way to any of your beneficiaries. Fortunately, you can work with your Bellevue, WA estate tax lawyer to minimize the impact of these taxes. Your estate is your legacy, and Eastside Estate Planning is ready to protect that legacy with our 10+ years of tax and estate planning law. Read on to see how an estate tax attorney can make a difference, and contact us today to get started.
What Does An Estate Tax Lawyer Do?
First - and fortunately - estate taxes don’t affect everyone. There’s a financial threshold you’ll have to cross before these taxes impact your estate. If you were to pass away in 2025, that amount is $13,990,000. The tax rates for state-level estate taxes in Washington range from 10% to 20% of your Washington-taxable estate.
An estate tax lawyer is a must-have if you’re dealing with a high-asset estate plan. However, even if you aren’t dealing with $13,990,000 worth of assets, it’s still important to get in touch with an estate tax lawyer for a more concrete estate plan.
Estate taxation lawyers can help you reduce the tax burden on your estate. They’ll introduce you to the best strategies for preserving your assets for your loved ones, and they’ll help you choose which strategy is best for your situation. For some, this may mean placing assets in a trust. For others, it may mean making regular charitable donations, or creating a foundation. These are all workable strategies, but you’ll need your Bellevue estate tax lawyer to walk you through the steps.
With the right estate and trust tax attorney on your side, you can avoid overpaying on taxes, and you can also make sure your family receives more of whatever you’re leaving behind for them. Some estate lawyers also offer business succession services, and can assist with other aspects of estate planning law such as probate. Even if you’re not dealing with millions of dollars in assets, it’s important to get the right legal input when you’re planning your family’s future.
There are many tax and estate attorneys out there, but you deserve a team you can trust. When it comes to seeking legal support, experience makes all the difference:
Why Experience Matters In Estate Tax Law
At Eastside Estate Planning, we’re prepared to help you understand your estate tax burden.
- For over 10 years, we’ve been helping clients just like you. This has given us experience with a wide variety of estates, including high asset estates that may be affected by estate taxes.
- Attorney and founder Robert Franco holds an advanced law degree in taxation. This has helped our clients minimize their tax burdens more efficiently.
- Our team has experience in business and estate law, which means we have experience representing individuals and businesses alike.
At Eastside Estate Planning, we have the experience to help you protect your legacy. Contact us today to get started.
Get In Touch Today
Estate taxes can make a considerable impact, but this isn’t always the case. Get in touch with Eastside Estate Planning today, and see how a Bellevue estate tax lawyer from our team can help.