Trusts that Avoid STATE Estate Taxes

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  • Опубліковано 23 гру 2024

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  • @etutlf4176
    @etutlf4176 6 місяців тому

    Assume my estate is worth 3.2 million and my home is worth 2.2 million say. So of I pass away now, I will owe estate taxes in WA on 3.2 million.
    If I have made a TOD on my home and it passes to my daughter on my passing. For estate tax purposes, is my estate worth 1 million or still 3.2 million after my passing? In other words, does the TOD reduce the value of my estate for estate tax purposes?
    Many thanks.