Estate Tax Planning

Estate Tax Planning

Depending on the size of the estate involved, it may be subject to an estate tax. At Antonoplos & Associates, our team of estate planning attorneys understand that estate planning involves dealing with issues that are complicated and often involve a number of moving parts in order to minimize applicable estate tax. Furthermore, our dedicated estate planning attorneys know the pro’s, con’s, and uses of many estate planning tools and techniques. Finally, we work with clients to select the most effective estate plan to minimize taxes and meet their individual needs.

Experienced Tax Professionals

At Antonoplos & Associates, our team of estate planning attorneys assist clients throughout Washington D.C. and Maryland to preserve, manage, and distribute the assets that they have earned throughout their lifetime. We help ensure that clients pass their money to their beneficiaries efficiently and optimally according to the decedent’s wishes with the minimum impact of federal and state estate tax. 

Antonoplos & Associates Assist Clients

• Complex and Simple Wills
• Codicil To Last Will and Testament
• Trusts for Estates Not Subject to Federal Estate Tax
• Comprehensive Estate Plans to Avoid State and Federal Estate Tax
• Revocable Living Trusts
• Irrevocable Life Insurance Trusts (ILITs)
• IRA Beneficiary Trust
• Charitable Remainder Trusts
• Qualified Personal Residence Trusts (QPRTs)
• Grantor Retained Annuity Trusts (GRATs)
• Intentionally Defective Grantor Trusts (IDGTs)
• Dynasty Trusts and Family Trusts
• Credit Shelter Trusts
• Disclaimer Trusts and A­B Revocable Trusts
• Advanced Directives (including):
  • Limited Powers of Attorney
  • Durable General Powers of Attorney
  • Healthcare Power of Attorney
  • Living Wills
  • HIPAA Waivers
  • Medical Visitation Instructions
  • Final Disposition Instructions

Frequently Asked Questions

Why Do I Need An Estate Plan?

Proper estate planning enables you to minimize or completely avoid estate tax, probate proceedings, expenses, and delays associated with this administration of your estate. It also allows you to choose not only who receives your assets, but also how and when your beneficiaries will receive the assets. Our law firm prides itself on taking the time to learn the goals and objectives of our clients and integrating them into a customized estate plan for an individual, couple, or family.

What Is An Advanced Estate Planning Strategy?

Advanced estate planning techniques aim to reduce federal and state estate tax. Under the Internal Revenue Code, a person’s estate is subject to the federal estate tax if the value of their estate is over the applicable exclusion amount in the year they pass away. Under current IRS guidelines, an individual’s estate could be subject to as high as a 35% tax on every dollar the estate owns over the applicable exclusion amount. Without employing advanced estate planning strategies, much of the money you own may wind up in the hands of the IRS.

In addition, we routinely prepare the following estate planning devices to achieve our clients’ goals and objectives:

We encourage you to call us at 202-803-5676 or directly schedule your free, no-risk consultation with one of our skilled attorneys today.