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March 2015 Archives

Will I Owe Estate or Inheritance Tax When I Die?

In addition to Federal Inheritance Tax, the types and amounts of tax due upon death vary by state. Only six states have inheritance taxation; Texas does not have a state tax on estates or inheritance. At Harris Cook, LLP, our Estate Planning attorneys work with Texans who want to plan for the best future that will result in minimum taxation. We can help you set up individualized plans to manage your estate if you are incapacitated and to smooth the transition of assets and property to your heirs and beneficiaries after you die.

Who Needs a Financial Power of Attorney?

In addition to Federal Inheritance Tax, the types and amounts of tax due upon death vary by state. Only six states have inheritance taxation; Texas does not have a state tax on estates or inheritance. At Harris Cook, LLP, our Estate Planning attorneys work with Texans who want to plan for the best future that will result in minimum taxation. We can help you set up individualized plans to manage your estate if you are incapacitated and to smooth the transition of assets and property to your heirs and benefi

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