Paul PremackNov 21, 2022The 2026 Trump Tax Rollback (Part 2)You have a large exclusion amount to use by gifting or by dying. In 2026 the exclusion will be reduced. Should you use it now?
Paul PremackNov 14, 20222023 Estate and Gift Tax Update (Part 1)The basic exclusion amount is increasing from $12.06 million in 2022 to $12.92 million in 2023, the largest adjustment ever.
Paul PremackAug 2, 2021Converting Community Property into Separate PropertyThe Texas Family Code allows spouses, in a written partition agreement signed by both, to convert community in separate property.