Estate Tax Planning Planning For Your Future

Estate Tax Planning Lawyer in Montgomery County

Also Serving Philadelphia County, Merion Station and Surrounding Areas

Tax laws and codes can be complex, especially when it comes to inheritance taxes. At Sallen Law, our Merion Station lawyer is experienced and well-versed in the federal and state laws that govern taxes, exemptions, and tax rates. Our estate planning attorney is well prepared to assist you in planning for your future, safeguarding your assets, finances, and property, and we are willing to work with you as well as your accountant or financial advisor to create viable options to help you avoid hefty taxes on your estate.

Start discussing your estate during a free phone consultation by calling our phone number (215) 809-3900.

What Exemptions Can I Plan For?

While wills and trusts can help ensure that there is a limited probate process, or that the inheritance is given directly to your beneficiary, it may not necessarily account for federal and state inheritance or estate taxes. Federal taxes can be applied to any estate over $5.25 million, and the taxable rate is as high as 40%.

Taxes can seem daunting, particularly for high net worth individuals, but there are ways to address the issue, including:

  • Making charitable donations addressed in the will or trust
  • Making unlimited transfers to a spouse
  • Planning for the the “portability” of tax exemptions for married spouses
  • Filing estate taxes in a timely manner
  • Creating an A-B trust, or bypass trust
  • Working with an attorney to establish strategic gifting plans
  • Planning life insurance trusts

Of course, each individual and their family is unique, and business ventures, families, property, and taxes must all taken into consideration. If you have questions or concerns, you should reach out to a trusted Montgomery County probate attorney right away.

For more information on how Sallen Law can help you, contact our Merion Station office and schedule a free over-the-phone consultation with our team. We can be reached by calling (215) 809-3900 or our online form.

Opinions That Matter

Our Testimonials
  • “It's been a pleasure to work with Rebecca Sallen for her in opening up my trust.”

    - Amy D. - Philadelphia, PA
  • “During a pandemic, you realize that there's no time like the present to plan your estate.”

    - Heather - Philadelphia, PA
  • “You can trust Rebecca to give you the confidence that you need when faced with a difficult situation.”

    - Adam - Bala Cynwyd, PA
  • “She is empathetic, probes to find what really matters to you, and constructs documents that reflect your values.”

    - Anonymous
  • “We feel very secure knowing that we have a comprehensive "living document" document that covers our current and future needs.”

    - Ivy - Lafayette Hill, PA
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  • Rising Star 2021
  • Super Lawyer 2021
  • Super Lawyers 2020
  • Main Line Today Top Lawyer 2020
  • Main Line Today Top Lawyer 2019
  • Main Line Today Top Lawyer 2018
  • Main Line Today Top Lawyer 2017
  • Expertise 2018
  • Expertise 2017
  • Wealth Counsel
  • National Network of Estate Planning Attorneys

We Know Your Best Interests & We Will Protect Them!

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