If you’re a Washingtonian who worries about estate taxes? You should know paying gift tax can reduce estate tax. And maybe more than you might … [Read more...] about The Tax-Inclusive Gift Strategy Calculator
Estate tax
Exporting Assets Avoids Washington State’s 35% Estate Tax
The clean, nuclear way to avoid Washington state's new 35% estate tax is change domicile. (Something we've discussed here: Changing Your Washington … [Read more...] about Exporting Assets Avoids Washington State’s 35% Estate Tax
Powerball Lottery Tax Planning
A while back I talked about Lottery Tax Planning for a Billion Dollar Drawing. And what I said in the earlier article still stands... But the recent … [Read more...] about Powerball Lottery Tax Planning
Changing Your Washington State Residency
Okay, first point, if you want to change your residency or domicile from Washington state to some other state? That’s a question you answer with the … [Read more...] about Changing Your Washington State Residency
The Washington Estate Tax Income in Respect of Decedent Problem
Washington state’s estate tax hits only a small percentage of the state’s decedents. (The threshold for paying tax is $3,000,000, and though the data … [Read more...] about The Washington Estate Tax Income in Respect of Decedent Problem
Planning for the 35% Washington State Estate Tax
Washington state levies an estate tax of up to 35% on estates of decedents dying on or after July 1 2025. That new rate is by far the highest estate … [Read more...] about Planning for the 35% Washington State Estate Tax
Washington’s Qualified Family-Owned Business Interest Estate Tax Deduction: Updated for 2025
Washington state taxes the estates of high-net-worth residents and high-net-worth nonresidents who own property in the state. The tax rates start at … [Read more...] about Washington’s Qualified Family-Owned Business Interest Estate Tax Deduction: Updated for 2025
Washington State Estate Tax Calculator (2025 Version)
In mid-2025, Washington adjusted its state estate tax for estates created on or after July 1, 2025. The new version uses a larger, inflation adjusted … [Read more...] about Washington State Estate Tax Calculator (2025 Version)
Washington Estate Tax Spousal Personal Residence Exclusion
If your primary residence is in the Seattle area, you’re probably already thinking about the Washington Estate Tax. And wondering what the compliance … [Read more...] about Washington Estate Tax Spousal Personal Residence Exclusion
Washington State Estate Tax Calculator
Washington state levies an estate tax on people who die with more than a threshold amount of net worth. For estates created before July 1, 2025 that … [Read more...] about Washington State Estate Tax Calculator