Florida Elder Law & Estate Planning Blog

biden tax proposal
Biden’s Tax Proposals And Your Estate Plan
June 26, 2021

The Biden Administration’s tax proposals have been on the minds of many of our clients.  You may be wondering if and how your estate plan will be impacted, and what you should do now to minimize your heirs’ tax liability. …

The Step-Up in Basis Remains, For Now
February 6, 2018

There was talk last year in Congress about doing away with the step-up in basis for inherited assets. The Karp Law Firm has recently received several inquiries regarding whether the Tax Cuts and Jobs Act eliminated the step-up. Happily, it…