Tes’ Take: California Ballot Measure Could Create New California Estate Tax

Tes Macaraya is a partner and head of tax at Martini Iosue & Akpovi

Just when we thought we could breathe a sigh of relief with estate tax exclusion increased to over 11 million, California might take all that away. Click on the link below to see information about the possible estate tax measure on the November ballot. Will the there be enough signatures to put this on the ballot?

If this ballot ever passes, it becomes critical to have an estate plan in place, taking advantage of gifting possibilities and discounts available.

http://www.givnerkaye.com/wp-content/uploads/2018/03/18-02-23-Cal-Ballot-Measure-to-Reestablish-Estate-Tax.pdf

For more information please contact Tes on (818) 789 1179 or email at tmacaraya@miacpas.com

 

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