Is Your AB Trust Costing You Thousands in Hidden Taxes?
Is Your AB Trust Costing You Thousands in Hidden Taxes?
Market volatility and new tax rules make timing crucial now. Many couples hold assets in AB structures without checking efficiency. Is Your AB Trust Costing You Thousands in Hidden Taxes? is a common question among planners.
How This Strategy Typically Works
Is your plan treating both spouses equally on paper? On death, property shifts into bypass coverage for the survivor. Studies indicate old default formulas can miss step up basis chances.
Simple Takeaway
Review terms with counsel to align exemptions and carryover basis.
Q: What hidden taxes might apply here? Executor fees and capital gains can add up if basis is not tracked.
Q: When should couples consider changing documents? Life changes, state moves, or law updates often signal a needed update.
