The clean, nuclear way to avoid Washington state's estate tax is change domicile. (Something we've discussed here: Changing Your Washington State … [Read more...] about Exporting Assets Avoids Washington State’s Estate Tax
wealth tax
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 h … [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 i … [Read more...] about The Washington Estate Tax Income in Respect of Decedent Problem
Planning for the 35% Washington State Estate Tax
Note: In March of 2026, the Washington State Legislature passed Engrossed Senate Bill 6347 which revokes the 35% estate tax and returns to a 20% … [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
That Nearly Secret IRS Personal Wealth Study
Last spring, some fascinating, nearly secret IRS personal wealth information slipped out into public view. And, just so there’s not confusion, I am … [Read more...] about That Nearly Secret IRS Personal Wealth Study
Planning for the Warren Wealth Taxes
Normally, we don’t blog about proposed tax legislation. Especially something like Elizabeth Warren’s wealth tax proposals. She hasn’t even won her p … [Read more...] about Planning for the Warren Wealth Taxes