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Avoid Income Tax To Your Heirs When You Pass Away

Posted by James Burns | Sep 22, 2019

The IRD or Income Respective of Decedent:

When we pass away and leave a sizable IRA or other deferred asset our heirs will have to pay the income tax on it personally. This often times increases the heirs own tax bracket causing terrible tax consequences when this can be diffused so easily. This is just a snapshot of it but there are other issues on how this ugly little bugger can rear its ugly head to undo all the good planning you thought you did.

Let us help you help your heirs and don't send them a tax time bomb upon your passing.

About the Author

James Burns

James Burns, Esq. is a seasoned attorney specializing in estate planning, asset protection, and tax law. Known for his expertise in Private Placement Life Insurance (PPLI), James helps high-net-worth individuals protect their wealth and achieve tax efficiency, including pre-immigration planning. With over 20 years of legal experience, he offers tailored solutions for estate planning and corporate transactions. James is also a published author and sought-after speaker, recognized for his deep knowledge and strategic approach to wealth preservation.

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